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Stockholders' Equity (Tables)
9 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Dividends paid
The following table reflects the dividends paid in each quarter within the respective nine month periods:
 
Fiscal Year
 
2018
 
2017
Third quarter ended March 31,
$
0.100

 
$
0.070

Second quarter ended December 31,
$
0.075

 
$
0.065

First quarter ended September 30,
$
0.075

 
$
0.050

Schedule of share repurchases
During the nine months ended March 31, 2018 and 2017, the Company acquired treasury stock from holders of newly vested stock-based awards to fund the recipients' payroll tax withholding obligations. The treasury shares were subsequently canceled. Such shares were valued at fair market value on the date of vesting, as reflected in the following table:
 
Nine Months Ended 
 March 31,
 
2018
 
2017
Number of treasury shares acquired
55,018

 
73,455

Average cost per share
$
7.19

 
$
6.26

Total cost of treasury shares acquired
$
395,550

 
$
459,858