Nature of Business and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Sep. 30, 2019

Nature of Business and Summary of Significant Accounting Policies

Schedule of intangible assets

Changes in intangible assets are as follows (in thousands):

	September 30, 2019						June 30, 2019
			Accumulated		Net book				Accumulated		Net book
	Cost		amortization		value		Cost		amortization		value
Customer relationships	$	9,800	$	(8,534)	$	1,266	$	9,800	$	(8,468)	$	1,332
Trade name		5,900		—		5,900		5,900		—		5,900
	$	15,700	$	(8,534)	$	7,166	$	15,700	$	(8,468)	$	7,232

Schedule of Earnings Per Share Reconciliation

The following provides a reconciliation of information used in calculating the per share amounts for the three months ended September 30 (in thousands, except per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2019		2018		2019	2018	2019		2018
Basic EPS	$	3,233	$	1,504	18,478	18,726	$	0.17	$	0.08
Effect of Dilutive Securities:
Stock Options		--		--	58	50		—		—
Diluted EPS	$	3,233	$	1,504	18,536	18,776	$	0.17	$	0.08