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Note 13 - Earnings Per Share
3 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

13)     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,

 
  

2022

  

2021

 

Basic - Average shares outstanding

  11,823   12,023 

Dilutive effect of unvested, restricted stock awards

  129   126 

Diluted - Average shares outstanding

  11,952   12,149 

 

 

Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. There were no outstanding instruments that had an anti-dilutive effect at September 30, 2022 or 2021.

 

Performance stock units of 141,918 and 131,888 for the three months ended September 30, 2022 and 2021, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.