Earnings Per Share

3 Months Ended

Sep. 30, 2021

Basic earnings per share are based on the weighted average number of shares outstanding during the period. Diluted earnings per share are based on the weighted average number of shares outstanding plus the assumed issuance of common shares for all potentially dilutive securities.


	Three Months Ended
	September 30
(Amounts in Thousands, Except for Per Share Data)	2021		2020
Net Income (Loss)	$	(5,049)	$	5,386

Average Shares Outstanding for Basic EPS Calculation	36,821		36,974
Dilutive Effect of Average Outstanding Compensation Awards	—		246
Average Shares Outstanding for Diluted EPS Calculation	36,821		37,220

Basic Earnings (Loss) Per Share	$	(0.14)	$	0.15
Diluted Earnings (Loss) Per Share	$	(0.14)	$	0.14

All stock compensation awards were antidilutive as a result of the net loss for the quarter ended September 30, 2021 and were excluded from the dilutive calculation, including 790,000 average restricted share units and 174,000 average relative total shareholder return awards.