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NET INCOME PER SHARE (Tables)
 3 Months Ended
Sep. 30, 2020
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 income per share computations. In the tables below, income amounts represent the numerator, and share amounts represent the denominator (in thousands, except per share amounts):

 

 

 

Three Months Ended
September 30,

 

 

 

2020

 

 

2019

 

Basic:

 

 

 

 

 

 

 

 

Net income

 

$

1,265

 

 

$

1,104

 

Weighted average shares outstanding

 

 

3,851

 

 

 

4,008

 

Basic earnings per share

 

$

0.33

 

 

$

0.28

 

Diluted:

 

 

 

 

 

 

 

 

Net income

 

$

1,265

 

 

$

1,104

 

Weighted average shares outstanding

 

 

3,851

 

 

 

4,008

 

Effect of dilutive securities

 

 

124

 

 

 

102

 

Weighted average shares used in calculation of diluted earnings per share

 

 

3,975

 

 

 

4,110

 

Diluted earnings per share

 

$

0.32

 

 

$

0.27