XML 24 R11.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share
 6 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share are computed by dividing net income by the weighted-average number of common and potential common shares outstanding.

Quarter endedSix months ended
 December 31,December 31,
 2020201920202019
 (in thousands, except per share data)
Numerator:
Net income from continuing operations$11,061 $11,626 $10,946 $23,917 
Net loss from discontinued operations(25,255)(260)$(36,959)$(1,021)
Net (loss) income$(14,194)$11,366 $(26,013)$22,896 
Denominator:
Weighted-average shares, basic25,395 25,274 25,378 25,407 
Dilutive effect of share-based payments80 84 80 81 
Weighted-average shares, diluted25,475 25,358 25,458 25,488 
Net income from continuing operations per common share, basic$0.44 $0.46 $0.43 $0.94 
Net loss from discontinued operations per common share, basic(1.00)(0.01)$(1.46)$(0.04)
Net (loss) income per common share, basic$(0.56)$0.45 $(1.03)$0.90 
Net income from continuing operations per common share, diluted$0.43 $0.46 $0.43 $0.94 
Net loss from discontinued operations per common share, diluted(0.99)(0.01)$(1.45)$(0.04)
Net (loss) income per common share, diluted$(0.56)$0.45 $(1.02)$0.90 

For the quarter and six months ended December 31, 2020, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 1,400,999 and 1,191,985, respectively. For the quarter and six months ended December 31, 2019, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 975,907 and 961,980, respectively.