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EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following information is necessary to calculate earnings per share for the periods presented (in thousands, except per-share data):
 
 
Three-Months Ended
September 30,
 
 
2017
 
2016
Net income (loss), as reported
 
$
75

 
$
(967
)
 
 
 
 
 
Weighted average common shares outstanding
 
16,008

 
15,868

Effect of dilutive stock options
 
85

 

Weighted average diluted common shares outstanding
 
16,093

 
15,868

 
 
 
 
 
Net income (loss) per common share
 
 

 
 

Basic and diluted
 
$
0.00

 
$
(0.06
)
 
 
 
 
 
Employee stock options excluded from computation of dilutive income per share amounts because their effect would be anti-dilutive
 
231

 
145