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EQUITY TRANSACTIONS (Tables)
9 Months Ended
Mar. 31, 2013
EQUITY TRANSACTIONS [Abstract]  
Stock options exercised to purchase common stock
During the three and nine months ended March 31, 2013 and 2012, stock options to purchase shares of the Company's common stock were exercised as follows:

              
   
Three-Months Ended
  
Nine-Months Ended
 
   
March 31,
  
March 31,
 
   
2013
  
2012
  
2013
  
2012
 
   
(Unaudited)
  
(Unaudited)
 
              
Options exercised
  46,945   65,648   50,445   79,751 
Proceeds (in thousands)
 $40  $43  $42  $57 
Average price paid per share
 $0.85  $0.66  $0.84  $0.71 

Schedule of share repurchases
On January 7, 2013, the Company announced that its Board of Directors approved a stock repurchase program effective January 3, 2013, authorizing the Company to repurchase in the aggregate up to $3 million of its outstanding common stock over a two-year period. During the three and nine months ended March 31, 2013 and 2012, shares were repurchased as follows:
 
   
Three-Months Ended
  
Nine-Months Ended
 
   
March 31,
  
March 31,
 
   
2013
  
2012
  
2013
  
2012
 
   
(Unaudited)
  
(Unaudited)
 
              
Shares repurchased
  25,360   -   25,360   - 
Cash paid for shares repurchased (in thousands)
 $74  $-  $74  $- 
Average price paid per share
 $2.93  $-  $2.93  $-