EQUITY TRANSACTIONS (Tables)

6 Months Ended

Dec. 31, 2015

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

During the three and six months ended December 31, 2015 and 2014, stock options to purchase shares of the Company’s common stock were exercised as follows:

	Three-Months Ended December 31,				Six-Months Ended December 31,
	2015		2014		2015		2014
	(Unaudited)				(Unaudited)
Options exercised		11,000		10,250		112,425		10,250
Proceeds (in thousands)	$	45	$	21	$	313	$	21
Average exercise price per share	$	3.98	$	2.12	$	2.77	$	2.12

Schedule of share repurchases

During the three and six months ended December 31, 2015 and 2014, shares were repurchased as follows:

	Three-Months Ended						Six-Months Ended
	December 31,						December 31,
	2015			2014			2015			2014
	(Unaudited)						(Unaudited)
Shares repurchased			68,022			-			68,022			29,449
Cash paid for shares repurchased (in thousands)		$	540		$	-		$	540		$	128
Average price paid per share		$	7.94		$	-		$	7.94		$	4.35