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Stockholders' Equity (Tables)
12 Months Ended
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