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Nature of Business and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Schedule of intangible assets
Changes in intangible assets are as follows (in thousands):
 
 
 
March 31, 2016
 
June 30, 2015
 
 
 
Cost
 
Accumulated
amortization
 
Net book
value
 
Cost
 
Accumulated
amortization
 
Net book
value
 
Customer relationships
 
$
9,800
 
$
(7,212)
 
$
2,588
 
$
9,800
 
$
(6,820)
 
$
2,980
 
Non-compete agreement
 
 
340
 
 
(340)
 
 
 
 
340
 
 
(334)
 
 
6
 
Trade name
 
 
5,900
 
 
 
 
5,900
 
 
5,900
 
 
 
 
5,900
 
 
 
$
16,040
 
$
(7,552)
 
$
8,488
 
$
16,040
 
$
(7,154)
 
$
8,886
 
Schedule of Earnings Per Share Reconciliation
The following provides a reconciliation of information used in calculating the per share amounts for the three months ended March 31 (in thousands, except per share data):
 
 
 
Net Income
 
Weighted Average Shares
 
Net Income per Share
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
Basic EPS
 
$
1,044
 
$
395
 
 
18,811
 
 
19,066
 
$
0.06
 
$
0.02
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
17
 
 
7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
1,044
 
$
395
 
 
18,828
 
 
19,073
 
$
0.06
 
$
0.02
 
 
The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31 (in thousands, except per share data):
 
 
 
Net Income
 
Weighted Average Shares
 
Net Income per Share
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
Basic EPS
 
$
2,335
 
$
1,505
 
 
18,903
 
 
19,225
 
$
0.12
 
$
0.08
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
20
 
 
4
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
2,335
 
$
1,505
 
 
18,923
 
 
19,229
 
$
0.12
 
$
0.08