XML 52 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
NET INCOME PER SHARE (Tables)
 6 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of reconciliations of the numerators and denominators of the basic and diluted earnings (loss) per share computations for net income (loss)

The following table presents reconciliations of the numerators and denominators of the basic and diluted earnings per share computations for net income. In the tables below, income amounts represent the numerator, and share amounts represent the denominator (in thousands, except per share amounts):


 

 

Three Months Ended
December 31,

 

 

Six Months Ended
December 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,249

 

 

$

1,179

 

 

$

2,354

 

 

$

2,528

 

Weighted average shares outstanding

 

 

3,950

 

 

 

4,195

 

 

 

3,979

 

 

 

4,263

 

Basic income per share

 

$

0.32

 

 

$

0.28

 

 

$

0.59

 

 

$

0.59

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,249

 

 

$

1,179

 

 

$

2,354

 

 

$

2,528

 

Weighted average shares outstanding

 

 

3,950

 

 

 

4,195

 

 

 

3,979

 

 

 

4,263

 

Effect of dilutive securities – stock options

 

 

103

 

 

 

47

 

 

 

103

 

 

 

40

 

Weighted average shares used in calculation of diluted earnings per share

 

 

4,053

 

 

 

4,242

 

 

 

4,082

 

 

 

4,303

 

Diluted income per share

 

$

0.31

 

 

$

0.28

 

 

$

0.58

 

 

$

0.59