Stock-Based Compensation Plans (Tables)

3 Months Ended

Sep. 30, 2018

Equity [Abstract]

Schedule of weighted average fair value at date of grant for options

The fair value was estimated based on the weighted average assumptions of:

	For three months ended
	September 30, 2018
	2018			2017
Risk-free interest rates		2.87	%		1.86	%
Expected option life in years		6.25			5.72
Expected stock price volatility		55.39	%		59.52	%
Expected dividend yield		0	%		0	%

Schedule of summary of option activity

A summary of option activity under the Company’s equity plans as of September 30, 2018, and changes during the three months ended September 30, 2018 is presented below:

	Outstanding Shares			Average Exercise Price		Aggregate Intrinsic Value
Outstanding at June 30, 2018		1,330,193		$	8.47	$	5,369,557
Granted		137,000			15.55
Exercised		(51,660	)		8.05
Forfeited		(55,627	)		9.16
Expired		(15,000	)		2.66
Outstanding as of September 30, 2018		1,344,906		$	9.31	$	12,364,220
Vested and exercisable at September 30, 2018		710,280		$	8.04	$	7,428,351