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Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Dividends declared and paid
The following table reflects the dividends paid per common share in each quarter within the respective two fiscal years:
 
Fiscal Year
 
2019
 
2018
Fourth quarter ended June 30,
$0.100
 
$0.100
Third quarter ended March 31,
$0.100
 
$0.100
Second quarter ended December 31,
$0.100
 
$0.075
First quarter ended September 30,
$0.100
 
$0.075
Schedule of share repurchases
The following summarizes all treasury stock purchases by fiscal year:
 
Fiscal Year
 
2019
 
2018
Number of treasury shares acquired
18,424

 
73,208

Average cost per share
$
8.51

 
$
7.80

Total cost of treasury shares acquired
$
156,791

 
$
571,083