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Nature of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2020
Nature of Business and Summary of Significant Accounting Policies  
Schedule of intangible assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2020

 

June 30, 2019

 

 

 

Carrying

Accumulated

 

Net book

 

 

Carrying

Accumulated

 

Net book

 

    

value

    

amortization

    

value

    

value

    

amortization

    

value

Customer relationships

 

$

9,800

 

$

(8,732)

 

$

1,068

 

$

9,800

 

$

(8,468)

 

$

1,332

Trade name

 

 

4,048

 

 

 —

 

 

4,048

 

 

5,900

 

 

 —

 

 

5,900

 

 

$

13,848

 

$

(8,732)

 

$

5,116

 

$

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 fiscal years ended June 30 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Net Income per

 

 

Net Income

 

Shares

 

 Share

 

    

2020

    

2019

    

2020

    

2019

    

2020

    

2019

Basic EPS

 

$

8,520

 

$

12,223

 

18,444

 

18,574

 

$

0.46

 

$

0.66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of Dilutive Securities:

 

 

  

 

 

  

 

  

 

  

 

 

  

 

 

  

Stock Options

 

 

 —

 

 

 —

 

49

 

50

 

 

 —

 

 

 —

Diluted EPS

 

$

8,520

 

$

12,223

 

18,493

 

18,624

 

$

0.46

 

$

0.66