Net Income (loss) Per Common Share (Tables)

3 Months Ended

Sep. 30, 2021

Schedule of Earnings (Loss) Per Common Share, Basic and Diluted

The following table presents the computation of basic and diluted earnings loss per common share:


	Three Months Ended September 30,
(In thousands, except share and per share amounts)	2021		2020
Undistributed net loss available to common stockholders	$	(2,474)	$	(6,236)
Undistributed net loss available to nonvested restricted stockholders and holders of convertible preferred stock	(97)		(176)
Net loss available to common stockholders—basic	$	(2,571)	$	(6,412)

Weighted average common shares outstanding—basic	17,969,694		17,420,442
Effect of dilutive securities:
Shares issuable under stock options	—		—
Shares issuable under PBRSUs	—		—
Shares issuable under convertible preferred stock	—		—
Weighted average common shares outstanding—diluted	17,969,694		17,420,442
Net loss available to common stockholders per common share—basic	$	(0.14)	$	(0.37)
Net loss available to common stockholders per common share—diluted	$	(0.14)	$	(0.37)

The following table summarizes anti-dilutive securities excluded from the computation of diluted net income (loss) per common share for the periods indicated:


	Three Months Ended September 30,
	2021	2020
Shares issuable under stock options	384,520	548,671
Shares issuable under convertible preferred stock	440,990	425,887
Shares issuable under PBRSUs	383,783	84,364