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Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2013
Calculation of Basic and Diluted Net Income Per Common Share

We calculated basic and diluted net income per common share as follows (in thousands, except per share data):

 

       For the Years Ended June 30,  
       2013        2012  

Numerator

         

Net income

     $ 1,570         $ 4,158   

Denominator

         

Basic weighted average common shares outstanding

       6,869           6,978   

Dilutive effect of stock options

       16           10   
    

 

 

      

 

 

 

Diluted weighted average common shares outstanding

       6,885           6,988   
    

 

 

      

 

 

 

Basic net income per common share

     $ 0.23         $ 0.60   
    

 

 

      

 

 

 

Diluted net income per common share

     $ 0.23         $ 0.59