Earnings Per Share

9 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per ShareBasic 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				Nine Months Ended
	March 31				March 31
(Amounts in Thousands, Except for Per Share Data)	2022		2021		2022		2021
Net Income (Loss)	$	6,295	$	(4,529)	$	(20,068)	$	19
Average Shares Outstanding for Basic EPS Calculation	36,795		36,860		36,788		36,932
Dilutive Effect of Average Outstanding Compensation Awards	266		—		—		597
Average Shares Outstanding for Diluted EPS Calculation	37,061		36,860		36,788		37,529
Basic Earnings (Loss) Per Share	$	0.17	$	(0.12)	$	(0.55)	$	0.00
Diluted Earnings (Loss) Per Share	$	0.17	$	(0.12)	$	(0.55)	$	0.00

All stock compensation awards were antidilutive as a result of the net loss for the year-to-date period ended March 31, 2022, thus 753,000 average restricted stock units and 173,000 average relative total shareholder return awards were excluded from the dilutive calculation. Stock compensation awards were also antidilutive as a result of the net loss for the quarter ended March 31, 2021, thus were excluded from the dilutive calculation, including 752,000 average restricted stock units and 166,000 average relative total shareholder return awards.