NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Earnings Per Share

Earnings Per Share

	Three months ended September 30, 2019						Three months ended September 30, 2018
	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Basic
Numerator:  Net income available to common stockholders	$	3,299	$	3,097	$	51	$	3,318	$	3,113	$	52
Denominator:
Weighted average shares outstanding		6,432		6,432		383		6,344		6,344		383
Basic income per common share	$	0.51	$	0.48	$	0.13	$	0.52	$	0.49	$	0.14
Diluted
Denominator: Weighted average shares outstanding				6,432		383				6,344		383
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,560		383				6,472		383
Diluted income per common share			$	0.47	$	0.13			$	0.48	$	0.14

Long-term operating lease liabilities

A reconciliation of operating lease payments undiscounted cash flows to lease liabilities recognized as of September 30, 2019 is as follows:

	Operating Lease Payments
2020 (Nine Months)		3,592
2021		4,782
2022		4,463
2023		4,415
2024		4,120
Thereafter		21,545
Present Value discount (5.5% weighted average)		(10,307	)
Total lease liability		32,610