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EARNINGS PER SHARE (Tables)
9 Months Ended
Mar. 31, 2016
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,
 
  
2016
  
2015
  
2016
  
2015
 
  
(Unaudited)
  
(Unaudited)
 
             
Net loss, as reported
 
$
(1,042
)
 
$
(812
)
 
$
(207
)
 
$
(137
)
                 
Weighted average common shares outstanding
  
15,462
   
15,360
   
15,449
   
15,309
 
Effect of dilutive stock options
  
-
   
-
   
-
   
-
 
Weighted average diluted common shares outstanding
  
15,462
   
15,360
   
15,449
   
15,309
 
                 
Net loss per common share
                
Basic
 
$
(0.07
)
 
$
(0.05
)
 
$
(0.01
)
 
$
(0.01
)
Diluted
 
$
(0.07
)
 
$
(0.05
)
 
$
(0.01
)
 
$
(0.01
)
                 
Employee stock options excluded from computation of dilutive loss per share amounts because their effect would be anti-dilutive
  
137
   
200
   
96
   
302