XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
REVENUES $ 17,579 $ 27,528 $ 50,372 $ 57,690
Cost of revenues 12,601 14,129 37,266 35,031
GROSS PROFIT 4,978 13,399 13,106 22,659
Selling, general and administrative 4,713 4,181 13,301 11,725
Depreciation and amortization 272 216 726 625
OPERATING INCOME (LOSS) (7) 9,002 (921) 10,309
OTHER INCOME (EXPENSE)        
Interest income 16 0 30 0
Interest expense (53) (55) (167) (134)
Income associated with derivative instrument 44 26 78 41
TOTAL OTHER INCOME (EXPENSE) 7 (29) (59) (93)
INCOME (LOSS) BEFORE INCOME TAXES 0 8,973 (980) 10,216
INCOME TAX EXPENSE        
Current 34 1,083 59 1,147
Deferred 253 1,040 7 1,284
TOTAL INCOME TAX EXPENSE 287 2,123 66 2,431
NET INCOME (LOSS) $ (287) $ 6,850 $ (1,046) $ 7,785
NET INCOME (LOSS) PER COMMON SHARE        
Basic (in dollars per share) $ (0.01) $ 0.41 $ (0.06) $ 0.47
Diluted (in dollars per share) $ (0.01) $ 0.40 $ (0.06) $ 0.46
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in shares) 19,412 16,556 18,842 16,481
Diluted (in shares) 19,412 17,187 18,842 16,978