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Subsequent Events
12 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

In July 2017, the Company repurchased 30,977 shares of its common stock at a weighted average price of $3.99, excluding a broker commission of $0.03 per share, at a total cost of $0.1 million. This completed the share repurchase program authorized by the Board of Directors in November 2016.

In July 2017, the Board of Directors authorized a stock repurchase program allowing the Company to repurchase up to 905,000 outstanding shares of its common stock to offset annual dilution due to equity compensation. The Board of Directors will continue to assess the repurchase program on an ongoing basis as circumstances change.