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Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2022

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)		2022			2021			2022			2021
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders		$	2,371		$	2,264		$	4,461		$	4,931

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			7,185			7,435			7,229			7,483

Effect of dilutive shares:
Stock options			—			37			—			39
Restricted stock			52			11			44			7

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions			7,237			7,483			7,273			7,529

Basic earnings per share		$	0.33		$	0.30		$	0.62		$	0.66
Diluted earnings per share		$	0.33		$	0.30		$	0.61		$	0.65