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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Jun. 30, 2019
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 fiscal years ended June 30, 2019 and 2018:
2019
First (1)
 
Second
 
Third
 
Fourth
Revenues
$
12,307,079

 
$
11,048,118

 
$
9,501,028

 
$
10,373,396

Operating income
5,994,927

 
4,733,747

 
2,952,955

 
3,955,194

Net income available to common shareholders
$
5,795,801

 
$
3,904,565

 
$
2,398,875

 
$
3,277,825

Basic net income per share
$
0.18

 
$
0.12

 
$
0.07

 
$
0.10

Diluted net income per share
$
0.17

 
$
0.12

 
$
0.07

 
$
0.10


2018
First
 
Second (2)
 
Third
 
Fourth
Revenues
$
8,537,871

 
$
11,066,911

 
$
10,249,566

 
$
11,426,864

Operating income
2,536,459

 
4,829,252

 
3,663,267

 
5,182,663

Net income available to common shareholders
$
2,140,532

 
$
9,876,848

 
$
3,068,354

 
$
4,532,750

Basic net income per share
$
0.06

 
$
0.30

 
$
0.09

 
$
0.14

Diluted net income per share
$
0.06

 
$
0.30

 
$
0.09

 
$
0.14



(1) The first quarter of fiscal 2019 included other income of $1.1 million for the Enduro transaction breakup fee.
(2) The second quarter of fiscal 2018 was impacted by a $6 million tax benefit attributable to the Tax Cut and Jobs Act enacted during December 2017.