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Earnings per Common Share (Notes) | 9 Months Ended
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Mar. 31, 2019
Earnings Per Share [Abstract] |
Earnings per Common Share | Earnings per Common Share Basic earnings per share (“Basic EPS”) is calculated based on the weighted average shares outstanding during the period. Diluted earnings per share (“Diluted EPS”) includes the dilutive effect of stock options and nonvested deferred shares. The computation of basic and diluted earnings per share is as follows:
| Three Months Ended |  | Nine Months Ended
| March 31, 2019 |  | March 31, 2018 |  | March 31, 2019 |  | March 31, 2018
| (In thousands, except per share data)
Basic EPS: |  |  |  |  |  |  |
Net income (loss) | $ | 8,933 |  |  | $ | (5,153 | ) |  | $ | 15,170 |  |  | $ | 3,203 |
Weighted average shares outstanding | 26,788 |  |  | 26,817 |  |  | 26,918 |  |  | 26,747 |
Basic earnings (loss) per share | $ | 0.33 |  |  | $ | (0.19 | ) |  | $ | 0.56 |  |  | $ | 0.12 |
Diluted EPS: |  |  |  |  |  |  |
Weighted average shares outstanding – basic | 26,788 |  |  | 26,817 |  |  | 26,918 |  |  | 26,747 |
Dilutive stock options | 27 |  |  | — |  |  | 28 |  |  | 29 |
Dilutive nonvested deferred shares | 602 |  |  | — |  |  | 641 |  |  | 278 |
Diluted weighted average shares | 27,417 |  |  | 26,817 |  |  | 27,587 |  |  | 27,054 |
Diluted earnings (loss) per share | $ | 0.33 |  |  | $ | (0.19 | ) |  | $ | 0.55 |  |  | $ | 0.12 |
The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:
| Three Months Ended |  | Nine Months Ended
| March 31, 2019 |  | March 31, 2018 |  | March 31, 2019 |  | March 31, 2018
| (In thousands)
Stock options | — |  |  | 37 |  |  | — |  |  | — |
Nonvested deferred shares | 188 |  |  | 459 |  |  | 152 |  |  | 276 |
Total antidilutive securities | 188 |  |  | 496 |  |  | 152 |  |  | 276 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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