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Earnings Per Share

9 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

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:

		Nine months ended March 31,								Three months ended March 31,
(in thousands)		2020				2019				2020				2019
Net income allocated to common shareholders, basic and diluted		$	722			$	512			$	240			$	207

		Nine months ended March 31,								Three months ended March 31,
		2020				2019				2020				2019
Weighted average common shares outstanding, basic and diluted			8,259,807				8,348,242				8,246,574				8,319,122

There were no stock option shares outstanding for the nine- or three-month periods ended March 31, 2020 and 2019.

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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