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EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2015
EARNINGS PER SHARE [Abstract]  
Earnings per share
The following information is necessary to calculate earnings per share for the periods presented (in thousands, except per-share data):
 
  
Three-Months Ended
 
  
September 30,
 
  
2015
  
2014
 
  
(Unaudited)
 
     
Net income (loss), as reported
 
$
220
  
$
(74
)
         
Weighted average common shares outstanding
  
15,419
   
15,288
 
Effect of dilutive stock options
  
507
   
-
 
Weighted average diluted common shares outstanding
  
15,926
   
15,288
 
         
Net income (loss) per common share
        
Basic
 
$
0.01
  
$
(0.00
)
Diluted
 
$
0.01
  
$
(0.00
)
         
Employee stock options excluded from computation of dilutive income per share amounts because their effect would be anti-dilutive
  
216
   
237