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Stockholders' Equity (Tables)
9 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Dividends paid
The following table reflects the dividends paid within the respective three month periods:
 
Fiscal Year
 
2019
 
2018
First quarter ended September 30,
$
0.10

 
$
0.075

Second quarter ended December 31,
$
0.10

 
$
0.075

Third quarter ended March 31,
$
0.10

 
$
0.100


Schedule of share repurchases
During the nine months ended March 31, 2019 and 2018, 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,
 
2019
 
2018
Number of treasury shares acquired
15,489

 
55,018

Average cost per share
$
8.95

 
$
7.19

Total cost of treasury shares acquired
$
138,638

 
$
395,550