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

6 Months Ended

Dec. 31, 2019

Nature of Business and Summary of Significant Accounting Policies

Schedule of intangible assets

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

	December 31, 2019						June 30, 2019
			Accumulated		Net book				Accumulated		Net book
	Cost		amortization		value		Cost		amortization		value
Customer relationships	$	9,800	$	(8,600)	$	1,200	$	9,800	$	(8,468)	$	1,332
Trade name		5,900		—		5,900		5,900		—		5,900
	$	15,700	$	(8,600)	$	7,100	$	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 December 31 (in thousands, except per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2019		2018		2019	2018	2019		2018
Basic EPS	$	3,572	$	2,869	18,478	18,603	$	0.19	$	0.15
Effect of Dilutive Securities:
Stock Options		—		—	60	46		—		—
Diluted EPS	$	3,572	$	2,869	18,538	18,649	$	0.19	$	0.15

The following provides a reconciliation of information used in calculating the per share amounts for the six months ended December 31 (in thousands, except per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2019		2018		2019	2018	2019		2018
Basic EPS	$	6,805	$	4,373	18,478	18,665	$	0.37	$	0.23
Effect of Dilutive Securities:
Stock Options		—		—	59	48		—		—
Diluted EPS	$	6,805	$	4,373	18,537	18,713	$	0.37	$	0.23