XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.3
NET INCOME PER COMMON SHARE (“EPS”)
3 Months Ended
Sep. 30, 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
September 30,
20242023
(In Thousands, Except Per Share Data)
Net income$6,092 $9,842 
Weighted average number of common shares outstanding - basic62,389 63,014 
Effect of dilutive securities31 47 
Weighted average number of common shares outstanding - diluted62,420 63,061 
Basic earnings per share$0.10 $0.16 
Diluted earnings per share$0.10 $0.16 
Stock options for 2,751,902 and 2,963,530 shares of common stock were not considered in computing diluted earnings per share for the three months ended September 30, 2024 and 2023, respectively, because they were considered anti-dilutive. In addition, 698,445 and 643,690 RSUs were not considered in computing diluted earnings per share for the three months ended September 30, 2024 and September 30, 2023, respectively, because they were considered anti-dilutive.