NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Earnings Per Share

Earnings Per Share:

	Three months ended March 31, 2018						Three months ended March 31, 2017
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	3,481	$	3,263	$	55	$	5,900	$	5,526	$	95
Denominator:
Weighted average shares outstanding		6,287		6,287		383		6,166		6,166		383
Basic income per common share	$	0.55	$	0.52	$	0.15	$	0.96	$	0.90	$	0.25
Diluted Denominator:
Weighted average shares outstanding				6,287		383				6,166		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,415		383				6,294		383
Diluted income per common share			$	0.51	$	0.15			$	0.88	$	0.25

	Nine months ended March 31, 2018						Nine months ended March 31, 2017
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	11,389	$	10,675	$	182	$	13,713	$	12,842	$	222
Denominator:
Weighted average shares outstanding		6,287		6,287		383		6,143		6,143		383
Basic income per common share	$	1.81	$	1.70	$	0.48	$	2.23	$	2.09	$	0.58
Diluted Denominator:
Weighted average shares outstanding				6,287		383				6,143		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,415		383				6,271		383
Diluted income per common share			$	1.66	$	0.48			$	2.05	$	0.58