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Earnings Per Share
 9 Months Ended
Mar. 31, 2021
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)   2021   2020   2021   2020 
Net income allocated to common shareholders, basic and diluted  $1,128   $722   $473   $240 

   Nine months ended
March 31,		   Three months ended
March 31,		 
   2021   2020   2021   2020 
Weighted average common shares outstanding, basic and diluted   8,217,654    8,259,807    8,211,789    8,246,574 

There were no stock option shares outstanding for the nine- or three-month periods ended March 31, 2021 and 2020.