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EQUITY TRANSACTIONS (Tables)
6 Months Ended
Dec. 31, 2016
EQUITY TRANSACTIONS [Abstract]  
Stock options exercised to purchase common stock
During the three and six months ended December 31, 2016 and 2015, stock options to purchase shares of the Company’s common stock were exercised as follows:

  
Three-Months Ended
December 31,
  
Six-Months Ended
 December 31,
 
  
2016
  
2015
  
2016
  
2015
 
  
(Unaudited)
  
(Unaudited)
 
          
Options Exercised
  
29,527
   
11,000
   
75,750
   
112,425
 
Proceeds (in thousands)
 
$
118
  
$
45
  
$
259
  
$
313
 
Average exercise price per share
 
$
3.98
  
$
3.98
  
$
3.41
  
$
2.77
 
Schedule of share repurchases
During the three and six months ended December 31, 2016 and 2015, shares were repurchased as follows:

  
Three-Months Ended
December 31,
  
Six-Months Ended
December 31,
 
  
2016
  
2015
  
2016
  
2015
 
  
(Unaudited)
  
(Unaudited)
 
             
Shares repurchased
  
-
   
68,022
   
-
   
68,022
 
Cash paid for shares repurchased (in thousands)
 
$
-
  
$
540
  
$
-
  
$
540
 
Average price paid per share
 
$
-
  
$
7.94
  
$
-
  
$
7.94