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NET INCOME PER COMMON SHARE (“EPS”) (Tables) | 9 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share Calculations | The following schedule shows the Company’s earnings per share calculations for the periods presented:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (In Thousands, Except Per Share Data)
Net income | $ | 7,397 |  |  | $ | 10,312 |  |  | $ | 3,412 |  |  | $ | 28,798 |
Weighted average number of common shares outstanding - basic | 62,205 |  |  | 64,769 |  |  | 62,507 |  |  | 65,181 |
Effect of dilutive securities | 6 |  |  | 14 |  |  | — |  |  | 10 |
Weighted average number of common shares outstanding - diluted | 62,211 |  |  | 64,783 |  |  | 62,507 |  |  | 65,191 |
Basic earnings per share | $ | 0.12 |  |  | $ | 0.16 |  |  | $ | 0.06 |  |  | $ | 0.44 |
Diluted earnings per share | $ | 0.12 |  |  | $ | 0.16 |  |  | $ | 0.06 |  |  | $ | 0.44 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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