NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Earnings Per Share

Earnings Per Share

	Three months ended March 31, 2019						Three months ended March 31, 2018
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	3,863	$	3,623	$	61	$	3,481	$	3,263	$	55
Denominator:
Weighted average shares  outstanding		6,357		6,357		383		6,287		6,287		383
Basic income per common  share	$	0.61	$	0.57	$	0.16	$	0.55	$	0.52	$	0.15
Diluted Denominator:
Weighted average shares outstanding				6,357		383				6,287		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,485		383				6,415		383
Diluted income per common share			$	0.56	$	0.16			$	0.51	$	0.15

	Nine months ended March 31, 2019						Nine months ended March 31, 2018
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	10,733	$	10,067	$	170	$	11,389	$	10,675	$	182
Denominator:
Weighted average shares outstanding		6,353		6,353		383		6,287		6,287		383
Basic income per common share	$	1.69	$	1.58	$	0.44	$	1.81	$	1.70	$	0.48
Diluted Denominator:
Weighted average shares outstanding				6,353		383				6,287		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,481		383				6,415		383
Diluted income per common share			$	1.55	$	0.44			$	1.66	$	0.48