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

6 Months Ended

Dec. 31, 2021

Nature of Business and Summary of Significant Accounting Policies

Schedule of changes in intangible assets

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

	December 31, 2021						June 30, 2021
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,049)	$	751	$	9,800	$	(8,955)	$	845
Trade name		4,048		(304)		3,744		4,048		(202)		3,846
	$	13,848	$	(9,353)	$	4,495	$	13,848	$	(9,157)	$	4,691

Schedule of reconciliation of earnings per share

The following provides a reconciliation of information used in calculating the per share amounts for the three months ended December 31, 2021 and 2020 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2021		2020		2021	2020	2021		2020
Basic EPS	$	1,037	$	3,197	36,728	36,695	$	0.03	$	0.09
Effect of Dilutive Securities:
Stock Options		—		—	170	110		—		—
Diluted EPS	$	1,037	$	3,197	36,898	36,805	$	0.03	$	0.09

The following provides a reconciliation of information used in calculating the per share amounts for the six months ended December 31, 2021 and 2020 (in thousands, except share and per share data):

					Weighted Average		Net Income per
	Net Income				Shares		Share
	2021		2020		2021	2020	2021		2020
Basic EPS	$	8,789	$	5,516	36,720	36,695	$	0.24	$	0.15
Effect of Dilutive Securities:
Stock Options		—		—	157	99		—		—
Diluted EPS	$	8,789	$	5,516	36,877	36,794	$	0.24	$	0.15