XML 39 R12.htm IDEA: XBRL DOCUMENT
v3.21.2

LOSS PER SHARE CALCULATION | 12 Months Ended
--- | ---
Jun. 30, 2021
Earnings Per Share [Abstract] |
LOSS PER SHARE CALCULATION | LOSS PER SHARE CALCULATION Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share, applicable only to years ended with reported income, is computed by dividing net income by the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and restricted stock-based awards using the treasury stock method. The calculation of basic and diluted loss per share is presented below:
| Year ended June 30,
($ in thousands, except per share data) | 2021 |  | 2020 |  | 2019
Numerator for basic and diluted loss per share |  |  |  |  |
Net loss | $ | (8,705) |  |  | $ | (40,595) |  |  | $ | (29,882) |
Preferred dividends | (668) |  |  | (668) |  |  | (668) |
Net loss available to common shareholders | $ | (9,373) |  |  | $ | (41,263) |  |  | $ | (30,550) |
Denominator for basic loss per share - Weighted average shares outstanding | 67,002,438 |  |  | 62,980,193 |  |  | 60,061,243 |
Effect of dilutive potential common shares | — |  |  | — |  |  | — |
Denominator for diluted loss per share - Adjusted weighted average shares outstanding | 67,002,438 |  |  | 62,980,193 |  |  | 60,061,243 |
Basic and diluted loss per share | $ | (0.14) |  |  | $ | (0.66) |  |  | $ | (0.51) |
Anti-dilutive shares excluded from the calculation of diluted loss per share were 4,139,745, 2,779,222, and 1,297,073 for the years ended June 30, 2021, 2020 and 2019, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration