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Earnings Per Share
 6 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
2. Earnings Per Share
 
Diluted earnings per share is computed taking into consideration common shares outstanding and dilutive potential common shares to be issued or released under the Company’s share-based compensation plans. The factors used in the basic and diluted earnings per share computations follow:
 
 
 
Six months ended
December 31,
 
Three months ended
December 31,
 
(in thousands)
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income allocated to common shareholders, basic and diluted
 
$
551
 
$
942
 
$
254
 
$
404
 
 
 
 
Six months ended
December 31,
 
Three months ended
December 31,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic and diluted
 
 
8,382,239
 
 
8,319,589
 
 
8,384,586
 
 
8,321,924
 
 
There were no stock option shares outstanding for the six- and three-month periods ended December 31, 2016. There were 309,800 stock option shares outstanding for the six- and three-month periods ended December 31, 2015. The stock option shares outstanding were antidilutive for the prior year periods.