XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
SHARE-BASED COMPENSATION (Tables)
 6 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

As of December 31, 2017, there was no unrecognized compensation cost under the Former Stock Option Plans as all outstanding stock options are fully vested. As of December 31, 2017, the options outstanding had a weighted average remaining contractual life of 3.2 years and an intrinsic value of $281,000. Following is a summary of stock option activity for the six months ended December 31, 2017 and 2016:


 

 

2017

 

 

2016

 

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

 

Number of Shares

 

 

Weighted-Average

Exercise Price

 

Outstanding at July 1,

 

 

57,000

 

 

$

1.88

 

 

 

90,834

 

 

$

1.95

 

Options granted 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Options exercised 

 

 

—

 

 

 

—

 

 

 

(28,000

)

 

 

1.82

 

Options forfeited 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Outstanding at end of period 

 

 

57,000

 

 

$

1.88

 

 

 

62,834

 

 

$

2.00

 

Stock Options Exercisable at December 31, 

 

 

57,000

 

 

$

1.88

 

 

 

62,834

 

 

$

2.00