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Earnings Per Share
 9 Months Ended
Mar. 31, 2025
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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Nine Months Ended

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March 31, 

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March 31, 

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2025

​

2024

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2025

​

2024

Net income

    

$

66

    

$

1,493

​

$

1,389

    

$

6,274

Per share information:

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​

​

​

​

​

​

​

​

​

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Earnings per share:

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​

​

​

​

​

​

​

​

​

​

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Basic

​

$

0.00

​

$

0.05

​

$

0.05

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$

0.20

Diluted

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$

0.00

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$

0.05

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$

0.05

​

$

0.20

Weighted-average shares used in computation:

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​

​

​

​

​

​

​

​

​

​

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Basic

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28,065

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30,976

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28,439

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31,212

Effect of dilutive options and RSUs

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​

417

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​

623

​

​

510

​

​

646

Diluted

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28,482

​

 

31,599

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28,949

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31,858

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Weighted-average shares of stock options to purchase 3,527,358 and 3,458,040 shares of common stock for the three months ended March 31, 2025 and 2024, respectively, and weighted-average shares of stock options to purchase 3,458,061 and 3,504,202 shares of common stock for the nine months ended March 31, 2025 and 2024, 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.