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Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2023

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)		2023			2022			2023			2022
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders		$	2,141		$	2,371		$	3,903		$	4,461

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			6,969			7,185			6,993			7,229

Less effect of dilutive shares:
Stock options			—			—			—			—
Restricted stock			12			52			11			44

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions			6,981			7,237			7,004			7,273

Basic earnings per share		$	0.31		$	0.33		$	0.56		$	0.62
Diluted earnings per share		$	0.31		$	0.33		$	0.56		$	0.61