For the nine months ended
March 31,

For the three months ended
March 31,

2020
(Unaudited)

2019
(Unaudited)

2020
(Unaudited)

2019
(Unaudited)

Net income (loss)

$

831

$

2,527

$

(12

)

$

466

Less: distributed and undistributed income (loss)
allocated to unvested restricted common stock

68

181

—

33

Net income (loss) allocated to EVI Industries, Inc. shareholders

$

763

$

2,346

$

(12

)

$

433

Weighted average shares outstanding used in basic
earnings per share

11,815

11,463

11,872

11,666

Dilutive common share equivalents

373

497

—

479

Weighted average shares outstanding used in diluted earnings per share

12,188

11,960

11,872

12,145

Basic earnings per share

$

0.06

$

0.20

$

(0.00

)

$

0.04

Diluted earnings per share (1)

$

0.06

$

0.20

$

(0.00

)

$

0.04