EQUITY TRANSACTIONS (Tables)

9 Months Ended

Mar. 31, 2016

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

During the three and nine months ended March 31, 2016 and 2015, stock options to purchase shares of the Company’s common stock were exercised as follows:

	Three-Months Ended March 31,				Nine-Months Ended March 31,
	2016		2015		2016		2015
	(Unaudited)				(Unaudited)
Options exercised		-		45,359		112,425		55,609
Proceeds (in thousands)	$	-	$	107	$	313	$	128
Average exercise price per share	$	-	$	2.36	$	2.77	$	2.31

Schedule of share repurchases

During the three and nine months ended March 31, 2016 and 2015, shares were repurchased as follows:

	Three-Months Ended				Nine-Months Ended
	March 31,				March 31,
	2016		2015		2016		2015
	(Unaudited)				(Unaudited)
Shares repurchased		36,343		-		104,365		29,449
Cash paid for shares repurchased (in thousands)	$	205	$	-	$	745	$	128
Average price paid per share	$	5.64	$	-	$	7.14	$	4.35