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STOCKHOLDERS EQUITY (Tables) | 12 Months Ended
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Jun. 30, 2016
Notes to Financial Statements |
Restricted stock units |
| Restricted Stock Units |  |  | Weighted Average Grant Date Fair Value ($/share) |
Outstanding at July 1, 2014 |  | 1,586,964 |  |  | $ | 5.05 |
Granted |  | 145,339 |  |  |  | 9.54 |
Vested and issued |  | (348,186) |  |  |  | 4.74 |
Forfeited |  | (33,147) |  |  |  | 9.35 |
Outstanding at June 30, 2015 |  | 1,350,970 |  |  |  | 5.51 |
Granted |  | 48,228 |  |  |  | 10.51 |
Vested and issued |  | (311,538) |  |  |  | 5.10 |
Forfeited |  | (36,516) |  |  |  | 6.51 |
Outstanding at June 30, 2016 |  | 1,051,144 |  |  | $ | 5.82 |
Fixed stock options and warrants outstanding | The following table summarizes information about fixed stock warrants outstanding at June 30, 2016:
|  |  | Warrants Outstanding at June 30, 2016 |  |  | Warrants Exercisable at June 30, 2016 |
Range of exercise prices |  |  | Number Outstanding |  |  | Weighted average remaining contractual life (years) |  |  | Weighted average exercise price |  |  | Number exercisable |  |  | Weighted average exercise price |
$ | 3.50 – 4.00 |  |  |  | 1,316,268 |  |  |  | 3.26 |  |  | $ | 3.92 |  |  |  | 1,316,268 |  |  | $ | 3.92 |
$ | 6.45 – 10.00 |  |  |  | 100,481 |  |  |  | 2.49 |  |  | $ | 7.29 |  |  |  | 100,481 |  |  | $ | 7.29 |
|  |  |  |  | 1,416,749 |  |  |  | 3.21 |  |  | $ | 4.16 |  |  |  | 1,416,749 |  |  | $ | 4.16 |

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- Definition Tabular disclosure of the number, aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both restricted stock units outstanding and restricted stock units fully vested and expected to vest at the date of the latest statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (27) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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