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Stockholders' Equity (Tables) | 12 Months Ended
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Jun. 30, 2018
Equity [Abstract] |
Dividends declared and paid | The following table reflects the dividends paid per common share in each quarter within the respective three fiscal years:
| Fiscal Year
| 2018 |  | 2017 |  | 2016
Fourth quarter ended June 30, | $ | 0.100 |  |  | $ | 0.070 |  |  | $ | 0.050 |
Third quarter ended March 31, | $ | 0.100 |  |  | $ | 0.070 |  |  | $ | 0.050 |
Second quarter ended December 31, | $ | 0.075 |  |  | $ | 0.065 |  |  | $ | 0.050 |
First quarter ended September 30, | $ | 0.075 |  |  | $ | 0.050 |  |  | $ | 0.050 |
Schedule of share repurchases | The following summarizes all treasury stock purchases by fiscal year:
| Fiscal Year
| 2018 |  | 2017 |  | 2016
Number of treasury shares acquired | 73,208 |  |  | 83,675 |  |  | 218,682 |
Average cost per share | $ | 7.80 |  |  | $ | 6.42 |  |  | $ | 5.78 |
Total cost of treasury shares acquired | $ | 571,083 |  |  | $ | 537,014 |  |  | $ | 1,263,402 |

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