EARNINGS (LOSS) PER SHARE CALCULATION (Tables)

9 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss per Share

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

	Three months ended March 31,
($ in thousands, except per share data)	2024		2023
Numerator for basic and diluted loss per share
Net income (loss)	$	4,656	6,948
Preferred dividends	(289)		$	(289)
Net income (loss) applicable to common shareholders	4,367		6,659
Denominator for basic earnings (loss) per share - Weighted average shares outstanding	72,851,498		72,491,373
Effect of dilutive potential common shares	1,216,939		374,848
Denominator for diluted earnings (loss) per share - Adjusted weighted average shares outstanding	74,068,437		72,866,221
Basic earnings (loss) per share	$	0.06	$	0.09
Diluted earnings (loss) per share	$	0.06	$	0.09

	Nine months ended March 31,
($ in thousands, except per share data)	2024		2023
Numerator for basic and diluted loss per share
Net income (loss)	9,787		$	(2,199)
Preferred dividends	(578)		$	(623)
Net income (loss) applicable to common shareholders	9,209		(2,822)
Denominator for basic earnings (loss) per share - Weighted average shares outstanding	72,770,582		71,771,135
Effect of dilutive potential common shares	1,284,238		—
Denominator for diluted earnings (loss) per share - Adjusted weighted average shares outstanding	74,054,820		71,771,135
Basic earnings (loss) per share	$	0.13	$	(0.04)
Diluted earnings (loss) per share	$	0.12	$	(0.04)