XML 32 R22.htm IDEA: XBRL DOCUMENT v3.23.3
NET INCOME PER COMMON SHARE (“EPS”)
 3 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE (“EPS”) NET INCOME PER COMMON SHARE (“EPS”)
The following schedule shows the Company’s earnings per share calculations for the periods presented:
Three Months Ended
September 30,
20232022
(In Thousands, Except Per Share Data)
Net income$9,842 $16,535 
Weighted average number of common shares outstanding - basic63,014 65,737 
Effect of dilutive securities47 19 
Weighted average number of common shares outstanding - diluted63,061 65,756 
Basic earnings per share$0.16 $0.25 
Diluted earnings per share$0.16 $0.25 
Stock options for 2,963,530 and 2,965,000 shares of common stock were not considered in computing diluted earnings per share for the three months ended September 30, 2023 and 2022, respectively, because they were considered anti-dilutive. In addition, 643,690 RSUs were not considered in computing diluted earnings per share for the three months ended September 30, 2023, and 323,218 RSUs were not considered in computing diluted earnings per share for the three months ended September 30, 2022 because they were considered anti-dilutive.