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EARNINGS PER SHARE (Tables)
 3 Months Ended
Sep. 30, 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
September 30,
 
  
2016
  
2015
 
  
(Unaudited)
 
       
Net income (loss), as reported
 
$
(967
)
 
$
220
 
         
Weighted average common shares outstanding
  
15,868
   
15,419
 
Effect of dilutive stock options
  
-
   
507
 
Weighted average diluted common shares outstanding
  
15,868
   
15,926
 
         
Net income (loss) per common share
        
Basic
 
$
(0.06
)
 
$
0.01
 
Diluted
 
$
(0.06
)
 
$
0.01
 
         
Employee stock options excluded from computation of dilutive income per share amounts because their effect would be anti-dilutive
  
145
   
216