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

3 Months Ended

Sep. 30, 2020

Nature of Business and Summary of Significant Accounting Policies

Schedule of intangible assets

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

	September 30, 2020						June 30, 2020
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800	$	(8,787)	$	1,013	$	9,800	$	(8,732)	$	1,068
Trade name		4,048		(51)		3,997		4,048		—		4,048
	$	13,848	$	(8,838)	$	5,010	$	13,848	$	(8,732)	$	5,116

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
	2020		2019		2020	2019	2020		2019
Basic EPS	$	2,319	$	3,233	18,347	18,478	$	0.13	$	0.17
Effect of Dilutive Securities:
Stock Options		—		—	45	58		—		—
Diluted EPS	$	2,319	$	3,233	18,392	18,536	$	0.13	$	0.17