Note 3 - Net Income (Loss) Per Share

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(3) Net income (loss) per share

Basic and diluted loss per share has been computed based on net income (loss) and the weighted-average number of common shares outstanding during the applicable period. For diluted net loss per share, common stock equivalents (shares of common stock issuable upon the exercise of stock options and unvested restricted stock units) are excluded from the calculation of diluted net loss per share as their inclusion would be anti-dilutive. The Company has excluded all anti-dilutive share-based awards to purchase common stock in periods indicating a loss, as their effect is anti-dilutive.

The following table sets forth the computation of historical basic and diluted net loss per share.

	Three Months Ended March 31,
	2014		2013
Net income (in millions)	$	3.2	$	0.2
Weighted-average shares outstanding		33,890,470		28,162,295
Dilutive effect of restricted stock and stock options		370,245		20,402
Shares used to compute diluted earnings per share		34,260,715		28,182,697
Basic income per share	$	0.09	$	0.01
Diluted income per share	$	0.09	$	0.01
Number of anti-dilutive share-based awards excluded from computation		970,645		1,423,529

	Nine Months Ended March 31,
	2014			2013
Net loss (in millions)	$	(0.8	)	$	(2.4	)
Weighted-average shares outstanding		30,127,156			28,145,541
Dilutive effect of restricted stock and stock options		-			-
Shares used to compute diluted earnings per share		30,127,156			28,145,541
Basic and diluted loss per share	$	(0.03	)	$	(0.09	)
Number of anti-dilutive share-based awards excluded from computation		2,305,235			1,423,529