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EARNINGS PER SHARE (Tables)
 9 Months Ended
Mar. 31, 2014
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 data):

 
 
Three-Months Ended
  
Nine-Months Ended
 
 
 
March 31,
  
March 31,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
(Unaudited)
  
(Unaudited)
 
 
 
  
  
  
 
Net loss, as reported
 
$
(935
)
 
$
(955
)
 
$
(693
)
 
$
(2,022
)
 
                
Weighted average common shares outstanding
  
15,248
   
15,246
   
15,296
   
15,229
 
Effect of dilutive stock options
  
-
   
-
   
-
   
-
 
Weighted average diluted common shares outstanding
  
15,248
   
15,246
   
15,296
   
15,229
 
 
                
Net loss per common share
                
    Basic
 
$
(0.06
)
 
$
(0.06
)
 
$
(0.05
)
 
$
(0.13
)
    Diluted
 
$
(0.06
)
 
$
(0.06
)
 
$
(0.05
)
 
$
(0.13
)
 
                
Employee stock options excluded from computation of dilutive loss per share amounts because their effect would be anti-dilutive
  
206
   
887
   
648
   
883