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Earnings Per Share
 6 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

3. EARNINGS PER SHARE

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Basic earnings per share is computed using the weighted-average number of shares of common stock outstanding. In periods where net income is reported, the weighted-average number of shares is increased by stock options in the money and shares issuable for RSUs subject to service-based vesting requirements to calculate diluted earnings per share.

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The following table represents the calculation of basic and diluted earnings per share (unaudited in thousands, except per share data):

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Three Months Ended

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Six Months Ended

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December 31, 

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December 31, 

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2024

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2023

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2024

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2023

Net income

    

$

671

    

$

2,185

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$

1,323

    

$

4,781

Per share information:

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Earnings per share:

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Basic

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$

0.02

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$

0.07

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$

0.05

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$

0.15

Diluted

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$

0.02

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$

0.07

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$

0.05

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$

0.15

Weighted-average shares used in computation:

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Basic

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28,573

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31,179

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28,622

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31,329

Effect of dilutive options and RSUs

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​

486

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664

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554

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662

Diluted

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29,059

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31,843

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29,176

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31,991

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Weighted-average shares of stock options to purchase 3,361,087 and 3,487,402 shares of common stock for the three months ended December 31, 2024 and 2023, respectively, and weighted-average shares of stock options to purchase 3,415,156 and 3,527,031 shares of common stock for the six months ended December 31, 2024 and 2023, respectively, were not included in the computation of diluted earnings per share due to their anti-dilutive effect. Such securities could have a dilutive effect in future periods.