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Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2023

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)		2023			2022			2023			2022
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders		$	2,323		$	1,699		$	6,784		$	6,630

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			7,081			7,358			7,181			7,442

Effect of dilutive shares:
Stock options			—			35			—			38
Restricted stock			65			20			51			11

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions			7,146			7,413			7,232			7,491

Basic earnings per share		$	0.33		$	0.23		$	0.94		$	0.89
Diluted earnings per share		$	0.33		$	0.23		$	0.94		$	0.89