EARNINGS (LOSS) PER SHARE CALCULATION (Tables)

9 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss per Share

The calculation of basic and diluted earnings per share is presented below:

	Three months ended March 31,
($ in thousands, except per share data)	2026		2025
Numerator for basic and diluted earnings per share
Net (loss) income	$	(2,158)	49,156
Preferred dividends	(289)		(289)
Net (loss) income applicable to common shareholders	$	(2,447)	$	48,867
Denominator for basic earnings per share - Weighted average shares outstanding	73,920,289		73,169,131
Effect of dilutive potential common shares	—		1,585,287
Denominator for diluted earnings per share - Adjusted weighted average shares outstanding	73,920,289		74,754,418
Basic (loss) earnings per share	$	(0.03)	$	0.67
Diluted (loss) earnings per share	$	(0.03)	$	0.65

	Nine months ended March 31,
($ in thousands, except per share data)	2026		2025
Numerator for basic and diluted earnings per share
Net (loss) income	$	(3,147)	57,702
Preferred dividends	(578)		(578)
Net (loss) income applicable to common shareholders	$	(3,725)	$	57,124
Denominator for basic earnings per share - Weighted average shares outstanding	73,786,304		73,117,081
Effect of dilutive potential common shares	—		1,402,870
Denominator for diluted earnings per share - Adjusted weighted average shares outstanding	73,786,304		74,519,951
Basic (loss) earnings per share	$	(0.05)	$	0.78
Diluted (loss) earnings per share	$	(0.05)	$	0.77