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Note 5 - Earnings per Common Share - Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Net Income $ 3,618 $ 1,472 $ 9,856 $ 5,670
Weighted average shares outstanding during the period, net of treasury shares (in shares) 26,642 26,467 26,606 26,384
Weighted average vested restricted stock units outstanding (in shares) 705 284 588 242
Weighted average shares outstanding (in shares) 27,378 26,771 27,220 26,642
Basic income per share (in dollars per share) $ 0.13 $ 0.05 $ 0.36 $ 0.21
Basic (in shares) 27,378 26,771 27,220 26,642
Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any (in shares) [1] 705 956 725 710
Weighted average shares outstanding (in shares) 28,083 27,727 27,945 27,352
Diluted income per share (in dollars per share) $ 0.13 $ 0.05 $ 0.35 $ 0.21
Anti-dilutive securities (b) (in shares) [2] 1,427 654 1,043 1,017
Restricted Stock Units (RSUs) [Member]        
Weighted average vested restricted stock units outstanding (in shares) 31 20 26 16
[1] Calculated using the “Treasury Stock” method as if dilutive securities were exercised and the funds were used to purchase common shares at the average market price during the period.
[2] Anti-dilutive securities were excluded from the computation of diluted net income per share for the three and nine months ended March 31, 2022 and March 31, 2021 because the exercise price was greater than the average fair market price of the common shares or because the assumed proceeds from the award’s exercise or vesting was greater than the average fair market price of the common shares.