Nature of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2023

Nature of Business and Summary of Significant Accounting Policies

Schedule of cash and cash equivalents

Cash and cash equivalents consists of the following as of (in thousands):

	June 30, 2023		June 30, 2022
Cash	$	20,713	$	41,667
Money Market Fund		63		63
Certificates of Deposit		15,179		—
	$	35,955	$	41,730

Schedule of investments - other

Investments-other consists of the following as of (in thousands):

	June 30, 2023		June 30, 2022
Certificates of Deposit	$	25,660	$	—
	$	25,660	$	—

Schedule of Certificates of Deposit

Certificates of deposit are recorded at the original cost plus accrued interest. The Company’s Certificates of Deposit consist of the following as of (in thousands):

June 30, 2023
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.59% - 5.00%		7/30/2023 - 8/29/2023	$	15,112	$	15,179
Investments - other		4.80% - 5.15%		7/24/2023 - 10/24/2023		25,359		25,660

Schedule of changes in intangible assets

Changes in intangible assets are as follows (in thousands):

	June 30, 2023						June 30, 2022						June 30, 2021
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,302)	$	498	$	9,800		(9,143)	$	657	$	9,800	$	(8,955)	$	845
Trade name		4,048		(607)		3,441		4,048		(405)		3,643		4,048		(202)		3,846
	$	13,848	$	(9,909)	$	3,939	$	13,848	$	(9,548)	$	4,300	$	13,848	$	(9,157)	$	4,691

Schedule of reconciliation of earnings per share

The following provides a reconciliation of information used in calculating the per share amounts for the fiscal years ended June 30 (in thousands, except per share data):

							Weighted Average			Net Income per
	Net Income						Shares			Share
	2023		2022		2021		2023	2022	2021	2023		2022		2021
Basic EPS	$	27,127	$	19,599	$	15,413	36,741	36,725	36,696	$	0.74	$	0.53	$	0.42
Effect of Dilutive Securities:
Stock Options		—		—		—	264	142	112		(0.01)		—		—
Diluted EPS	$	27,127	$	19,599	$	15,413	37,005	36,867	36,808	$	0.73	$	0.53	$	0.42