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Nature of Business and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of intangible assets
Changes in intangible assets are as follows (in thousands):
 
 
 
March 31, 2018
 
June 30, 2017
 
 
 
Cost
 
Accumulated
amortization
 
Net book
value
 
Cost
 
Accumulated
amortization
 
Net book
value
 
Customer relationships
 
$
9,800
 
$
(8,062)
 
$
1,738
 
$
9,800
 
$
(7,784)
 
$
2,016
 
Trade name
 
 
5,900
 
 
 
 
5,900
 
 
5,900
 
 
 
 
5,900
 
 
 
$
15,700
 
$
(8,062)
 
$
7,638
 
$
15,700
 
$
(7,784)
 
$
7,916
 
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 March 31 (in thousands, except per share data):
 
 
 
Net Income
 
Weighted Average Shares
 
Net Income per Share
 
 
 
2018
 
2017
2018
 
2017
 
2018
 
2017
 
Basic EPS
 
$
1,829
 
$
952
 
 
18,737
 
 
18,819
 
$
0.10
 
$
0.05
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
35
 
 
36
 
 
 
 
 
Diluted EPS
 
$
1,829
 
$
952
 
 
18,772
 
 
18,855
 
$
0.10
 
$
0.05
 
 
The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31 (in thousands, except per share data):
 
 
 
Net Income
 
Weighted Average Shares
 
Net Income per Share
 
 
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
Basic EPS
 
$
3,952
 
$
2,377
 
 
18,811
 
 
18,797
 
$
0.21
 
$
0.13
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
34
 
 
47
 
 
 
 
 
Diluted EPS
 
$
3,952
 
$
2,377
 
 
18,845
 
 
18,844
 
$
0.21
 
$
0.13