XML 34 R22.htm IDEA: XBRL DOCUMENT v3.20.2
Note 14 - Earnings Per Share
 3 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]

14)

Earnings Per Share

 

The following table sets forth a reconciliation of the number of shares (in thousands) used in the computation of basic and diluted earnings per share:

 

  

Three Months Ended

 
  

September 30,

 
  

2020

  

2019

 
Basic - Average shares outstanding  12,228   12,345 
Dilutive effect of unvested, restricted stock awards  53   58 

Diluted - Average shares outstanding

  12,281   12,403 

 

Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. There were 11,352 outstanding instruments that had an anti-dilutive effect at September 30, 2020. There were no outstanding instruments that had an anti-dilutive effect at September 30, 2019.   

 

Performance stock units of 130,461 and 86,806 for the three months ended September 30, 2020 and 2019, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.