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

6 Months Ended

Dec. 31, 2020

Nature of Business and Summary of Significant Accounting Policies

Schedule of intangible assets

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

	December 31, 2020						June 30, 2020
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800	$	(8,844)	$	956	$	9,800	$	(8,732)	$	1,068
Trade name		4,048		(101)		3,947		4,048		—		4,048
	$	13,848	$	(8,945)	$	4,903	$	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 December 31 (in thousands, except per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2020		2019		2020	2019	2020		2019
Basic EPS	$	3,197	$	3,572	18,347	18,478	$	0.17	$	0.19
Effect of Dilutive Securities:
Stock Options		—		—	55	60		—		—
Diluted EPS	$	3,197	$	3,572	18,402	18,538	$	0.17	$	0.19

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):

					Weighted Average		Net Income per
	Net Income				Shares		Share
	2020		2019		2020	2019	2020		2019
Basic EPS	$	5,516	$	6,805	18,347	18,478	$	0.30	$	0.37
Effect of Dilutive Securities:
Stock Options		—		—	50	59		—		—
Diluted EPS	$	5,516	$	6,805	18,397	18,537	$	0.30	$	0.37