Stock-Based Compensation Plans (Tables)

6 Months Ended

Dec. 31, 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 six months ended
	December 31, 2018
	2018			2017
Risk-free interest rates		2.90	%		1.98	%
Expected option life in years		6.25			5.95
Expected stock price volatility		55.87	%		57.42	%
Expected dividend yield		0	%		0	%

Schedule of summary of option activity

A summary of option activity under the Company’s equity plans as of December 31, 2018, and changes during the six months ended December 31, 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	182,000			15.40
Exercised	(183,285	)		7.81
Forfeited	(73,752	)		9.01
Expired	(15,000	)		2.66
Outstanding as of December 31, 2018	1,240,156		$	9.69	$	7,835,881
Vested and exercisable at December 31, 2018	676,780		$	8.24	$	5,258,285