XML 42 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Summary of Significant Accounting Policies - Earnings (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Accounting Policies [Abstract]        
Net (loss) income from continuing operations $ (455) $ (6,467) $ 19,735 $ (14,006)
Less: net income (loss) attributable to non-controlling interest, continuing operations   1,146 (1,554) 913
Numerator for basic EPS - Net (loss) income from continuing operations attributable to Great Elm Group, Inc. 455 (7,613) 21,289 (14,919)
Net income from discontinued operations 12,203 332 13,202 3,818
Less: net (loss) income attributable to non-controlling interest, discontinued operations   (1,372) 1,504 (754)
Numerator for basic EPS - Net (loss) income from discontinued operations, attributable to Great Elm Group, Inc. 12,203 1,704 11,698 4,572
Effect of dilutive securities:        
Interest expense associated with Convertible Notes, continuing operations     1,451  
Numerator for diluted EPS - Net (loss) income from continuing operations attributable to Great Elm Group, Inc., after the effect of dilutive securities (455) (7,613) 22,740 (14,919)
Numerator for diluted EPS - Net (loss) income from discontinued operations, attributable to Great Elm Group, Inc. $ 12,203 $ 1,704 $ 11,698 $ 4,572
Denominator:        
Denominator for basic EPS - Weighted average shares of common stock outstanding 28,997 26,842 28,779 26,963
Effect of dilutive securities:        
Restricted stock     1,328  
Convertible Notes     10,566  
Denominator for diluted EPS - Weighted average shares of common stock outstanding after the effect of dilutive securities 28,997 26,842 40,673 26,963
Basic income (loss) per share from:        
Continuing operations $ (0.02) $ (0.28) $ 0.74 $ (0.55)
Discontinued operations 0.42 0.06 0.41 0.17
Basic net income (loss) per share 0.40 (0.22) 1.15 (0.38)
Diluted income (loss) per share from:        
Continuing operations (0.02) (0.28) 0.56 (0.55)
Discontinued operations 0.42 0.06 0.29 0.17
Diluted net income (loss) per share $ 0.40 $ (0.22) $ 0.85 $ (0.38)