EARNINGS PER SHARE (Tables)

12 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Earnings per share

The following information is necessary to calculate earnings per share for the periods presented (in thousands, except per share amounts):

	Year Ended June 30,
	2020		2019		2018
Net income (loss), as reported	$	2,266	$	214	$	(672)
Weighted average common shares outstanding	16,249		16,116		16,055
Effect of dilutive stock options	182		7		—
Weighted average diluted common shares outstanding	16,431		16,123		16,055
Net income (loss) per common share
Basic and diluted	$	0.14	$	0.01	$	(0.04)
Employee stock options excluded from computation of diluted income per share amounts because their effect would be anti-dilutive	206		1,173		402