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Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2022

Earnings Per Share

Schedule of earnings per share, basic and diluted


		For the Quarter Ended						For the Nine Months Ended
		March 31,						March 31,
(In Thousands, Except Earnings Per Share)		2022			2021			2022			2021
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders		$	1,699		$	1,561		$	6,630		$	4,222

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			7,358			7,463			7,442			7,447

Effect of dilutive shares:
Stock options			35			70			38			54
Restricted stock			20			47			11			20

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions			7,413			7,580			7,491			7,521

Basic earnings per share		$	0.23		$	0.21		$	0.89		$	0.57
Diluted earnings per share		$	0.23		$	0.21		$	0.89		$	0.56