STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Jun. 30, 2020

Disclosure Text Block Supplement [Abstract]

Share-based Payment Arrangement, Activity [Table Text Block]

Stock option transactions under the 1997 Plan for the past two fiscal years are summarized below:

(dollars in thousands, except price data)	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life in Years		Aggregate Intrinsic Value (net of tax)
Outstanding June 30, 2018		4,000		$	7.53
Granted		-			n/a
Exercised		-			n/a
Forfeited		-			n/a
Outstanding June 30, 2019		4,000		$	7.53
Granted		-			n/a
Exercised		-			n/a
Forfeited		(2,000	)	$	12.31
Outstanding June 30, 2020		2,000		$	2.74		7.72	$	-

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2020, were as follows:

	Options Outstanding							Options Exercisable
	Date of Option Grant	Number Outstanding		Remaining Life in Years		Weighted Average Exercise Price ($)		Number Exercisable		Weighted Average Option Price ($)
1997 Plan Class A	03/21/18		2,000		7.72	$	2.74		2,000	$	2.74
			2,000		7.72	$	2.74		2,000	$	2.74