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Common Stock Incentive, Stock Purchase Plans and Other Compensation Plans | 9 Months Ended
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Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Common Stock Incentive, Stock Purchase Plans and Other Compensation Plans | Common Stock Incentive, Stock Purchase Plans, and Other Compensation Plans Stock Option Activity Summary The Company’s stock option activity for the nine months ended March 31, 2016 is as follows:
| Shares |  | Weighted Average Exercise Price
Outstanding at June 30, 2015 | 1,127,750 |  |  | $ | 1.53 |
Granted | 170,000 |  |  | 1.50 |
Exercised | (16,000 | ) |  | 1.09 |
Canceled or expired | (324,000 | ) |  | 2.56 |
Outstanding at March 31, 2016 | 957,750 |  |  | $ | 1.18 |
The aggregate intrinsic value of options exercisable at March 31, 2016 was $0.6 million as the fair value of the Company’s common stock is more than the exercise prices of these options. The aggregate fair value of all options outstanding at March 31, 2016 was $0.9 million. The table below details the Company’s stock options outstanding as of March 31, 2016:
Range of exercise prices |  | Number Outstanding |  | Options Outstanding Weighted- Average Remaining Contractual Life (years) |  | Weighted- Average Exercise Price |  | Number Exercisable |  | Options Exercisable Weighted- Average Exercise Price
$0.32 – 0.71 |  | 432,750 |  |  | 4.40 |  | $ | 0.60 |  |  | 432,705 |  |  | $ | 0.60 |
$1.20 – 1.50 |  | 430,000 |  |  | 7.78 |  | 1.32 |  |  | 430,000 |  |  | 1.32 |
$3.20 – 3.20 |  | 95,000 |  |  | 9.02 |  | 3.20 |  |  | — |  |  | — |
$0.32 – 3.20 |  | 957,750 |  |  | 6.38 |  | $ | 1.18 |  |  | 862,705 |  |  | $ | 0.86 |
Compensation costs recognized related to stock option awards were $190 thousand and $9 thousand for the three months ended March 31, 2016 and 2015, respectively, and $265 thousand and $58 thousand for the nine months ended March 31, 2016 and 2015, respectively. Restricted Stock No restricted stock was granted, vested, or expired during the nine months ended March 31, 2016. 104,167 shares of restricted stock were canceled during the nine months ended March 31, 2016. Stock compensation expense related to restricted stock was $(21) thousand and $0 for the three months ended March 31, 2016 and 2015, respectively, and $157 thousand and $0 for the nine months ended March 31, 2016 and 2015, respectively. Treasury Stock On December 12, 2014, the Board of Directors amended the stock repurchase program to allow for the repurchase of up to $5 million more treasury shares until December 31, 2015. On December 3, 2015, our Board of Directors authorized the extension of the share repurchase program through December 31, 2016. Treasury share repurchases for the nine months ended March 31, 2016 were 43 thousand shares at a cost of $117 thousand. During the nine months ended March 31, 2015, the Company repurchased 213 thousand shares at a cost of $538 thousand. As of March 31, 2016, we have repurchased a total of 1.2 million shares at a cost of $2.8 million.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
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