XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.1.u1
NET INCOME PER COMMON SHARE (“EPS”)
 9 Months Ended
Mar. 31, 2024
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
March 31,		Nine Months Ended
March 31,
2024202320242023
(In Thousands, Except Per Share Data)
Net income$7,397 $10,312 $3,412 $28,798 
Weighted average number of common shares outstanding - basic62,205 64,769 62,507 65,181 
Effect of dilutive securities6 14 — 10 
Weighted average number of common shares outstanding - diluted62,211 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 
Stock options for 2,820,922 and 2,993,530 shares of common stock were not considered in computing diluted earnings per share for the three months ended March 31, 2024 and 2023, respectively, and stock options for 2,820,922 and 2,986,628 shares of common stock were not considered in computing diluted earnings per share for the nine months ended March 31, 2024 and 2023, respectively, because they were considered anti-dilutive. In addition, 635,650 and 427,347 RSUs were not considered in computing diluted earnings per share for the three months ended March 31, 2024 and March 31, 2023, respectively and 689,252 and 427,347 RSUs were not considered in computing diluted earnings per share for the three and nine months ended March 31, 2024 and March 31, 2023, respectively because they were considered anti-dilutive.