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Nature of Business and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of intangible assets
Changes in intangible assets are as follows (in thousands):
 
 
 
March 31, 2019
 
 
June 30, 2018
 
 
 
Cost
 
 
Accumulated

amortization
 
 
Net book

value
 
 
Cost
 
 
Accumulated

amortization
 
 
Net book

value
 
Customer relationships
 
$
9,800
 
 
$
(8,390
)
 
$
1,410
 
 
$
9,800
 
 
$
(8,155
)
 
$
1,645
 
Trade name
 
 
5,900
 
 
 
 
 
 
5,900
 
 
 
5,900
 
 
 
 
 
 
5,900
 
 
 
$
15,700
 
 
$
(8,390
)
 
$
7,310
 
 
$
15,700
 
 
$
(8,155
)
 
$
7,545
 
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
 
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Basic EPS
 
$
3,122
 
 
$
1,829
 
 
 
18,489
 
 
 
18,737
 
 
$
0.17
 
 
$
0.10
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
 
 
44
 
 
 
35
 
 
 
 
 
 
 
Diluted EPS
 
$
3,122
 
 
$
1,829
 
 
 
18,533
 
 
 
18,772
 
 
$
0.17
 
 
$
0.10
 
 
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
 
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Basic EPS
 
$
7,495
 
 
$
3,952
 
 
 
18,607
 
 
 
18,811
 
 
$
0.40
 
 
$
0.21
 
Effect of Dilutive Securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock Options
 
 
 
 
 
 
 
 
47
 
 
 
34
 
 
 
 
 
 
 
Diluted EPS
 
$
7,495
 
 
$
3,952
 
 
 
18,654
 
 
 
18,845
 
 
$
0.40
 
 
$
0.21