XML 30 R21.htm IDEA: XBRL DOCUMENT v3.23.3
Note 13 - Earnings Per Share
 3 Months Ended
Sep. 30, 2023
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,

 
  

2023

  

2022

 

Basic - Average shares outstanding

  11,742   11,823 

Dilutive effect of unvested, restricted stock awards

  191   129 

Diluted - Average shares outstanding

  11,933   11,952 

 

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, 2023 or 2022.

 

Performance stock units of 89,434 and 141,918 for the three months ended September 30, 2023 and 2022, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.