XML 44 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Jun. 30, 2018
Disclosure Text Block Supplement [Abstract]  
Share-based Compensation, Activity [Table Text Block]
Stock option transactions under the various employee stock option plans for the past two fiscal years are summarized below:

(dollars in thousands, except price data)

  

Options

    

Weighted Average Exercise Price

    

Weighted Average Remaining Contractual Life in Years

    

Aggregate Intrinsic Value (net of tax)

  

Outstanding June 30, 2016

     2,000     $ 12.31                  

Granted

     -       n/a                  

Exercised

     -       n/a                  

Forfeited

     -       n/a                  

Outstanding June 30, 2017

     2,000     $ 12.31                  

Granted

     2,000     $ 2.74                  

Exercised

     -       n/a                  

Forfeited

     -       n/a                  

Outstanding June 30, 2018

     4,000     $ 7.53       5.49     $ -  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2018, were as follows:

 

Options Outstanding

    

Options Exercisable

  
 

Date of Option Grant

  

Number Outstanding

    

Remaining Life in Years

    

Weighted Average Exercise Price ($)

    

Number Exercisable

    

Weighted Average Option Price ($)

  

1997 Plan Class A

10/07/09

     2,000       1.27     $ 12.31       2,000     $ 12.31  
 

03/21/18

     2,000       9.72     $ 2.74       -     $ 2.74  
        4,000       5.49     $ 7.53       2,000     $ 12.31