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

3 Months Ended

Sep. 30, 2023

Nature of Business and Summary of Significant Accounting Policies

Schedule of cash and cash equivalents

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

	September 30, 2023		June 30, 2023
Cash	$	27,947	$	20,713
Money Market Fund		264		63
Certificates of Deposit		15,366		15,179
	$	43,577	$	35,955

Schedule of investments - other

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

	September 30, 2023		June 30, 2023
Certificates of Deposit	$	25,931	$	25,660
	$	25,931	$	25,660

Schedule of certificates of deposit

September 30, 2023
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.77% - 5.25%		11/22/2023 - 11/27/2023	$	15,312	$	15,366
Investments - other		5.00% - 5.40%		10/23/2023 - 3/21/2024		25,706		25,931

Schedule of intangible assets

Intangible assets consisted of the follows (in thousands):

	September 30, 2023						June 30, 2023
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,335)	$	465	$	9,800		(9,302)	$	498
Trade name		4,048		(658)		3,390		4,048		(607)		3,441
	$	13,848	$	(9,993)	$	3,855	$	13,848	$	(9,909)	$	3,939

Schedule of reconciliation of earnings per share

The following provides a reconciliation of information used in calculating the per share amounts for the three months ended September 30, 2023 and 2022 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2023		2022		2023	2022	2023		2022
Basic EPS	$	10,478	$	3,084	36,827	36,762	$	0.28	$	0.08
Effect of Dilutive Securities:
Stock Options		—		—	249	228		—		—
Diluted EPS	$	10,478	$	3,084	37,076	36,990	$	0.28	$	0.08