NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Earnings Per Share

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Earnings Per Share

	Three months ended December 31, 2016						Three months ended December 31, 2015
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	4,242	$	3,971	$	69	$	3,493	$	3,266	$	58
Denominator:
Weighted average shares  outstanding		6,158		6,158		383		6,051		6,051		383
Basic income per common  share	$	0.69	$	0.64	$	0.18	$	0.58	$	0.54	$	0.15
Diluted
Denominator:
Weighted average shares outstanding				6,158		383				6,051		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,286		383				6,179		383
Diluted income per common share			$	0.63	$	0.18			$	0.53	$	0.15

	Six months ended December 31, 2016						Six months ended December 31, 2015
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	7,812	$	7,313	$	127	$	6,355	$	5,942	$	105
Denominator:
Weighted average shares  outstanding		6,131		6,131		383		6,051		6,051		383
Basic income per common  share	$	1.27	$	1.19	$	0.33	$	1.05	$	0.98	$	0.27
Diluted
Denominator:
Weighted average shares outstanding				6,131		383				6,051		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,259		383				6,179		383
Diluted income per common share			$	1.17	$	0.33			$	0.96	$	0.27