XML 29 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and diluted earnings per share

Basic and diluted earnings per share for the six months ended December 31, 2017 and 2016 are computed as follows (in thousands except per share data):

   For the six months ended
December 31,
   For the three months ended
December 31,
 
   2017
(Unaudited)
   2016
(Unaudited)
   2017
(Unaudited)
   2016
(Unaudited)
 
                 
Net income  $2,073   $1,680   $1,510   $1,329 

Less: distributed and undistributed
     income allocated to unvested

     restricted common stock

   154    51    112    31 
Net income allocated to
     EnviroStar, Inc.
     shareholders
  $1,919   $1,629   $1,398   $1,278 
Weighted average shares
     outstanding used in basic
   10,585    8,538    10,702    10,043 
Dilutive common share
     equivalents
   377        372     
Weighted average shares
     outstanding used in diluted
     earnings per share
   10,962    8,538    11,074    10,043 
Basic earnings per share  $0.18   $0.19   $0.13   $0.13 
Diluted earnings per share  $0.18   $0.19   $0.13   $0.13