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Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2021

Earnings Per Share

Schedule of earnings per share, basic and diluted


		For the Quarter Ended						For the Six Months Ended
		December 31,						December 31,
(In Thousands, Except Earnings Per Share)		2021			2020			2021			2020
Numerator:
Net income – numerator for basic earnings per share and		$	2,264		$	1,176		$	4,931		$	2,661
diluted earnings per share - available to common
stockholders

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			7,435			7,442			7,483			7,439

Effect of dilutive shares:
Stock options			37			37			39			29
Restricted stock			11			13			7			7

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed			7,483			7,492			7,529			7,475
conversions

Basic earnings per share		$	0.30		$	0.16		$	0.66		$	0.36
Diluted earnings per share		$	0.30		$	0.16		$	0.65		$	0.36