Three Months Ended

Nine Months Ended

March 31,

2024

2023

2024

2023

Numerator

Net income (loss)

$

289

$

13,957

$

2,845

$

35,051

Undistributed earnings allocated to unvested restricted stock

(6)

(253)

(58)

(515)

Net income (loss) for earnings per share calculation

$

283

$

13,704

$

2,787

$

34,536

Denominator

Weighted average number of common shares outstanding — Basic

32,702

33,013

32,692

33,108

Effect of dilutive securities:

Unvested restricted stock awards

124

143

192

178

Unvested contingent restricted stock units

28

—

36

5

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

32,854

33,156

32,920

33,291

Net income (loss) per common share — Basic

$

0.01

$

0.42

$

0.09

$

1.04

Net income (loss) per common share — Diluted

$

0.01

$

0.41

$

0.08

$

1.04