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Note 14. Earnings Per Share | 9 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic and diluted earnings per share were calculated as follows under the two-class method:
| Three Months Ended |  | Nine Months Ended
| March 31 |  | March 31
(Amounts in thousands, except per share data) | 2021 |  | 2020 |  | 2021 |  | 2020
Basic and Diluted Earnings Per Share: |  |  |  |  |  |  |
Net Income | $ | 10,472 |  |  | $ | 6,259 |  |  | $ | 42,345 |  |  | $ | 19,469 |
Less: Net Income allocated to participating securities | 17 |  |  | 8 |  |  | 61 |  |  | 25 |
Net Income allocated to common Share Owners | $ | 10,455 |  |  | $ | 6,251 |  |  | $ | 42,284 |  |  | $ | 19,444 |
Basic weighted average common shares outstanding | 25,049 |  |  | 25,181 |  |  | 25,101 |  |  | 25,308 |
Dilutive effect of average outstanding stock compensation awards | 168 |  |  | 106 |  |  | 187 |  |  | 158 |
Dilutive weighted average shares outstanding | 25,217 |  |  | 25,287 |  |  | 25,288 |  |  | 25,466 |
Earnings Per Share of Common Stock: |  |  |  |  |  |  |
Basic | $ | 0.42 |  |  | $ | 0.25 |  |  | $ | 1.68 |  |  | $ | 0.77 |
Diluted | $ | 0.41 |  |  | $ | 0.25 |  |  | $ | 1.67 |  |  | $ | 0.76 |

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