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Note 16 - Earnings Per Share

12 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

(16)

Earnings Per Share

The following is a reconciliation of the numerators and denominators we used in our computations of basic and diluted EPS:

		Fiscal Year Ended June 30,
		2024				2023				2022
(in thousands, except per share data)
Numerator (basic and diluted):
Net income available to common Shareholders		$	63,816			$	105,807			$	103,280

Denominator:
Basic weighted average shares common shares outstanding			25,525				25,473				25,413
Dilutive effect of stock options and other share-based awards ⁽¹⁾			119				131				109
Diluted weighted average shares common shares outstanding			25,644				25,604				25,522

Earnings per share:
Basic		$	2.50			$	4.15			$	4.06
Diluted		$	2.49			$	4.13			$	4.05

(1) Dilutive potential common shares consist of stock options, restricted stock units and performance units. 

At June 30, 2024, 2023 and 2022, total share-based awards of 26,582, 39,065 and 65,545, respectively, were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive.

At June 30, 2024, 2023 and 2022, the number of performance units excluded from the calculation of diluted EPS was 142,535, 92,638 and 89,969, respectively. Contingently issuable shares with performance conditions are evaluated for inclusion in diluted EPS if, at the end of the current period, conditions would be satisfied as if it were the end of the contingency period.