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EARNINGS PER SHARE
 9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
The Company's basic earnings per share is calculated as net income (loss) divided by weighted average common shares outstanding, excluding unvested outstanding stock options (SOs), stock appreciation rights (SARs), and RSUs. The Company's diluted earnings per share is calculated as net income (loss) divided by weighted average common shares and common share equivalents outstanding, which include shares issued under the Company's stock-based compensation plans and warrants issued in connection with the Company's credit agreement. Stock-based awards with exercise prices greater than the average market price of the Company's common stock are excluded from the computation of diluted earnings per share. The computation of weighted average shares outstanding, assuming dilution, excluded stock-based awards as detailed below, as they were not dilutive under the treasury stock method.
The following table sets forth the presentation of shares outstanding used in the calculation of basic and diluted earnings per share (EPS):
Three Months Ended March 31,Nine Months Ended March 31,
2025202420252024
(Shares in thousands)
Denominator for basic EPS - weighted average common shares2,499 2,342 2,350 2,338 
Dilutive shares associated with option plans503 — — — 
Denominator for diluted EPS - weighted average common shares and dilutive potential common shares3,002 2,342 2,350 2,338 
Stock-based awards excluded from EPS calculation - anti-dilutive188 219 191 217