ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2016

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of reconciliation of the numerators and denominators used in the calculation of Basic and Diluted Earnings per share

The following is a reconciliation of the numerators and denominators used in the calculation of Basic and Diluted Earnings per share for the periods indicated below (in thousands, except number of shares and per share amounts):

	Three Months Ended September 30, 2016					Three Months Ended September 30, 2015
	Net Profit (Loss)		Shares	Per Share Amount		Net Profit (Loss)			Shares	Per Share Amount
Basis EPS:
Net profit (loss) and share amounts	$	1,144	21,053,980	$	0.05	$	(1,905	)	21,046,591	$	(0.09	)
Dilutive Securities:
Stock option awards			65,649						—
Warrants			—						—
Diluted EPS:
Net profit (loss) and assumed share conversions	$	1,144	21,119,629	$	0.05	$	(1,905	)	21,046,591	$	(0.09	)