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Earnings per Common Share (Tables)
9 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
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

Antidilutive Securities Excluded from the Calculation of Diluted EPS
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