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

9 Months Ended

Mar. 31, 2024

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):

	March 31, 2024		June 30, 2023
Cash	$	19,412	$	20,713
Money Market Fund		30,766		63
Certificates of Deposit		5,340		15,179
	$	55,518	$	35,955

Schedule of investments - other

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

	March 31, 2024		June 30, 2023
Certificates of Deposit	$	26,671	$	25,660
	$	26,671	$	25,660

Schedule of certificates of deposit

March 31, 2024
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.65%		5/22/2024	$	5,313	$	5,340
Investments - other		4.55% - 5.40%		4/24/2024 - 9/23/2024		26,484		26,671

Schedule of intangible assets

Intangible assets consisted of the follows (in thousands):

	March 31, 2024						June 30, 2023
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,403)	$	397	$	9,800		(9,302)	$	498
Trade name		4,048		(759)		3,289		4,048		(607)		3,441
	$	13,848	$	(10,162)	$	3,686	$	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 March 31, 2024 and 2023 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2024		2023		2024	2023	2024		2023
Basic EPS	$	13,196	$	9,549	36,835	36,793	$	0.36	$	0.26
Effect of Dilutive Securities:
Stock Options		—		—	283	289		—		—
Diluted EPS	$	13,196	$	9,549	37,118	37,082	$	0.36	$	0.26

The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31, 2024 and 2023 (in thousands, except share and per share data):

					Weighted Average		Net Income per
	Net Income				Shares		Share
	2024		2023		2024	2023	2024		2023
Basic EPS	$	36,284	$	16,562	36,792	36,736	$	0.99	$	0.45
Effect of Dilutive Securities:
Stock Options		—		—	240	247		(0.01)		—
Diluted EPS	$	36,284	$	16,562	37,032	36,983	$	0.98	$	0.45