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Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2024

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)		2024			2023			2024			2023
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders		$	1,495		$	2,323		$	5,398		$	6,784

Denominator:
Denominator for basic earnings per share:
Weighted-average shares			6,919			7,081			6,968			7,181

Less effect of dilutive shares:
Stock options			—			—			—			—
Restricted stock			16			65			13			51

Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions			6,935			7,146			6,981			7,232

Basic earnings per share		$	0.22		$	0.33		$	0.77		$	0.94
Diluted earnings per share		$	0.22		$	0.33		$	0.77		$	0.94