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EARNINGS PER SHARE (Tables)
9 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation for basic and diluted EPS.

 

   

Nine Months Ended

March 31,

   

Three Months Ended

March 31,

 

(dollars in thousands, except per share data)

 

2022

   

2021

   

2022

   

2021

 

Net Income (Loss)

  $ 5,134     $ 27,212     $ (846 )   $ 8,607  
                                 

Weighted average number of outstanding shares

                               

Basic

    15,020,920       15,075,064       15,010,630       15,061,818  

Effect of dilutive securities

                               

Stock options

    1,023       731       952       1,170  

Diluted

    15,021,943       15,075,795       15,011,582       15,062,988  
                                 

Earnings Per Share

                               

Basic Net Income (Loss) per share

  $ 0.34     $ 1.81     $ (0.06 )   $ 0.57  

Diluted Net Income (Loss) per share

  $ 0.34     $ 1.81     $ (0.06 )   $ 0.57