Three Months Ended

Nine Months Ended

March 31,

2023

2022

2023

2022

Numerator

Net income (loss)

$

13,957

$

5,705

$

35,051

$

17,756

Undistributed earnings allocated to unvested restricted stock

(253)

(113)

(515)

(359)

Net income (loss) for earnings per share calculation

$

13,704

$

5,592

$

34,536

$

17,397

Denominator

Weighted average number of common shares outstanding — Basic

33,013

33,009

33,108

32,933

Effect of dilutive securities:

Unvested restricted stock awards

143

379

178

325

Unvested contingent restricted stock units

—

5

—

Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share

33,156

33,388

33,291

33,258

Net income (loss) per common share — Basic

$

0.42

$

0.17

$

1.04

$

0.53

Net income (loss) per common share — Diluted

$

0.41

$

0.17

$

1.04

$

0.52