Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2023

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)	2023		2022		2023		2022
Numerator:
Net income – numerator for basic earnings per share and
diluted earnings per share - available to common
stockholders	$	2,323	$	1,699	$	6,784	$	6,630
Denominator:
Denominator for basic earnings per share:
Weighted-average shares		7,081		7,358		7,181		7,442
Effect of dilutive shares:
Stock options		—		35		—		38
Restricted stock		65		20		51		11
Denominator for diluted earnings per share:
Adjusted weighted-average shares and assumed
conversions		7,146		7,413		7,232		7,491
Basic earnings per share	$	0.33	$	0.23	$	0.94	$	0.89
Diluted earnings per share	$	0.33	$	0.23	$	0.94	$	0.89