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Stockholders' Equity | 12 Months Ended
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Jun. 30, 2021
Equity [Abstract] |
Stockholders' Equity | Note 15. Stockholders' Equity Reservation of Shares The Company has reserved common shares for future issuance as follows as of June 30, 2021:
Stock options outstanding |  |  | 304,662 |
Stock options available for issuance |  |  | 212,988 |
Number of common shares reserved |  |  | 517,650 |
The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for continuing operations for the years ended June 30:
|  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (181,543 | ) |  | $ | 1,163,668 |
Denominator: |  |  |  |  |  |  |  |
Basic EPS: |  |  |  |  |  |  |  |
Common shares outstanding, beginning of period |  |  | 2,402,633 |  |  |  | 2,401,213 |
Common shares issued to ESOP during the period |  |  | 300,000 |  |  |  | — |
Unearned ESOP shares |  |  | (300,000 | ) |  |  | (14,166 | )
Weighted average common shares issued during the period |  |  | — |  |  |  | 2,161 |
Weighted average common shares purchased during the period |  |  | — |  |  |  | (1,332 | )
Weighted average ESOP shares earned during the period |  |  | 3,712 |  |  |  | 5,331 |
Denominator for basic earnings per common shares – |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 2,406,345 |  |  |  | 2,393,207 |
Diluted EPS: |  |  |  |  |  |  |  |
Common shares outstanding, beginning of period |  |  | 2,402,633 |  |  |  | 2,401,213 |
Common shares issued to ESOP during the period |  |  | 300,000 |  |  |  | — |
Unearned ESOP shares |  |  | (300,000 | ) |  |  | (14,166 | )
Weighted average common shares issued during the period |  |  | — |  |  |  | 2,161 |
Weighted average common shares purchased during the period |  |  | — |  |  |  | (1,332 | )
Weighted average ESOP shares earned during the period |  |  | 3,712 |  |  |  | 5,331 |
Weighted average dilutive effect of stock options |  |  | — |  |  |  | 3,411 |
Denominator for diluted earnings per common shares – |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 2,406,345 |  |  |  | 2,396,618 |
Not included in this computation of earnings per share for the year ended June 30, 2021 and 2020 were options to purchase 304,662 and 276,712 shares, respectively, of the Company’s common stock. These options were excluded because their inclusion would have been anti-dilutive due to the average strike price exceeding the average market price of those shares. Effective March 9, 2021, the Company suspended the payment of regular quarterly dividends. The Company paid regular cash dividends on common stock of $0.50 per share for the fiscal year ended June 30, 2021 and paid regular cash dividends on common stock of $1.00 per share for the fiscal year ended June 30, 2020. Our Board of Directors assesses the Company’s dividend policy periodically.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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