Earnings Per Share

3 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Basic earnings per share are based on the weighted average number of shares outstanding during the period. Diluted earnings per share are based on the weighted average number of shares outstanding plus the assumed issuance of common shares for all potentially dilutive securities.

	Three Months Ended
	September 30
(Amounts in Thousands, Except for Per Share Data)	2022		2021
Net Income (Loss)	$	6,556	$	(5,049)
Average Shares Outstanding for Basic EPS Calculation	36,754		36,821
Dilutive Effect of Average Outstanding Compensation Awards	222		—
Average Shares Outstanding for Diluted EPS Calculation	36,976		36,821
Basic Earnings (Loss) Per Share	$	0.18	$	(0.14)
Diluted Earnings (Loss) Per Share	$	0.18	$	(0.14)

Stock compensation awards were antidilutive as a result of the net loss for the quarter ended September 30, 2021, thus 790,000 average restricted stock units and 174,000 average relative total shareholder return awards were excluded from the dilutive calculation.