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EARNINGS PER SHARE (Tables)
9 Months Ended
Mar. 31, 2020
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
March 31,
 
Nine-Months Ended
March 31,
 
 
2020
 
2019
 
2020
 
2019
Net income (loss), as reported
 
$
(1,556
)
 
$
(1,125
)
 
$
100

 
$
(276
)
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
16,264

 
16,138

 
16,211

 
16,107

Effect of dilutive stock options
 
—

 
—

 
101

 
—

Weighted average diluted common shares outstanding
 
16,264

 
16,138

 
16,312

 
16,107

 
 
 
 
 
 
 
 
 
Net income (loss) per common share
 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
Basic and diluted
 
$
(0.10
)
 
$
(0.07
)
 
$
0.01

 
$
(0.02
)
 
 
 
 
 
 
 
 
 
Employee stock options excluded from computation of dilutive income per share amounts because their effect would be anti-dilutive
 
131

 
1,174

 
296

 
1,176