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Share Repurchase Program
9 Months Ended
Mar. 31, 2016
Share Repurchase Program [Abstract]  
Share Repurchase Program

Note 7. Share Repurchase Program

 

On September 14, 2009, we announced that our board of directors approved a repurchase program under which we may purchase up to 1,000,000 shares of our common stock. The duration of the repurchase program is open-ended. Under the program, we purchase shares of common stock from time to time through the open market and privately negotiated transactions at prices deemed appropriate by management. The repurchase is funded by cash on hand. For the nine months ended March 31, 2016 and 2015, there were no shares repurchased.