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EQUITY TRANSACTIONS (Tables)
6 Months Ended
Dec. 31, 2014
EQUITY TRANSACTIONS [Abstract]  
Stock options exercised to purchase common stock
During the three and six months ended December 31, 2014 and 2013, stock options to purchase shares of the Company’s common stock were exercised as follows:

  
Three-Months Ended
  
Six-Months Ended
 
  
December 31,
  
December 31,
 
  
2014
  
2013
  
2014
  
2013
 
  
(Unaudited)
  
(Unaudited)
 
  
  
  
  
 
Options exercised
  
10,250
   
-
   
10,250
   
-
 
Proceeds (in thousands)
 
$
21
  
$
-
  
$
21
  
$
-
 
Average exercise price per share
 
$
2.12
  
$
-
  
$
2.12
  
$
-
 
Schedule of share repurchases
During the three and six months ended December 31, 2014 and 2013, shares were repurchased as follows:


  
Three-Months Ended
  
Six-Months Ended
 
  
December 31,
  
December 31,
 
  
2014
  
2013
  
2014
  
2013
 
  
(Unaudited)
  
(Unaudited)
 
  
  
  
  
 
Shares repurchased
  
-
   
117,441
   
29,449
   
136,441
 
Cash paid for shares repurchased (in thousands)
 
$
-
  
$
555
  
$
128
  
$
607
 
Average price paid per share
 
$
-
  
$
4.73
  
$
4.35
  
$
4.45