NET INCOME PER COMMON SHARE (Tables)

6 Months Ended

Dec. 31, 2020

NET INCOME PER COMMON SHARE [Abstract]

Basic and Diluted Net Income Per Share

The following table reconciles the differences between the basic and diluted net income per share presentations:

	Three Months Ended December 31,				Six Months Ended December 31,
	2020		2019		2020		2019
Numerator:
Net income	$	2,519,077	$	814,050	$	3,393,343	$	1,021,369
Denominator:
Weighted average common shares outstanding:
Basic		28,804,265		28,656,910		28,795,424		28,610,299
Effect of dilutive securities		458,437		589,661		184,585		589,577
Diluted		29,262,702		29,246,571		28,980,009		29,199,876
Net income per common share:
Basic	$	0.09	$	0.03	$	0.12	$	0.04
Diluted	$	0.09	$	0.03	$	0.12	$	0.03