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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Jun. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)
The following table presents summarized quarterly financial information for the years ended June 30, 2017 and 2016:
2017
First
 
Second
 
Third
 
Fourth
Revenues
$
7,593,940

 
$
8,529,817

 
$
9,525,437

 
$
8,835,702

Operating income
2,727,593

 
3,675,381

 
3,893,236

 
2,583,912

Net income available to common shareholders
$
563,345

 
$
2,307,634

 
$
2,419,143

 
$
1,500,761

Basic and diluted net income per share
$
0.02

 
$
0.07

 
$
0.07

 
$
0.05

 
 
 
 
 
 
 
 
Dividends per share declared and paid in the quarter
$
0.05

 
$
0.065

 
$
0.070

 
$
0.070



2016
First
 
Second (1)
 
Third
 
Fourth (2)
Revenues
$
7,379,406

 
$
6,622,927

 
$
5,106,735

 
$
7,240,434

Operating income (loss)
1,846,498

 
(454,987
)
 
(681,147
)
 
954,823

Net income (loss) available to common shareholders
$
2,923,652

 
$
654,697

 
$
(298,183
)
 
$
20,705,894

Basic and diluted net income (loss) per share
$
0.09

 
$
0.02

 
$
(0.01
)
 
$
0.63

 
 
 
 
 
 
 
 
Dividends per share declared and paid in the quarter
$
0.05

 
$
0.05

 
$
0.05

 
$
0.05



(1) Includes $1.3 million restructuring charge.
(2) Includes gain on settlement of Delhi field litigation of $28.1 million.