EQUITY TRANSACTIONS (Tables)

12 Months Ended

Jun. 30, 2016

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

During the years ended June 30, 2016, 2015 and 2014, stock options to purchase shares of the Company’s common stock were exercised as follows:

	Year Ended June 30,
	2016		2015		2014
Options Exercised		112,425		61,109		13,125
Proceeds (in thousands)	$	313	$	139	$	47
Average exercise price per share	$	2.77	$	2.30	$	3.53

Schedule of share repurchases

During the years ended June 30, 2016, 2015 and 2014, shares were repurchased as follows:

	Year Ended June 30,
	2016		2015		2014
Shares repurchased		104,365		29,449		136,441
Cash paid for shares repurchased (in thousands)	$	745	$	128	$	607
Average price paid per share	$	7.14	$	4.35	$	4.45