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

9 Months Ended

Mar. 31, 2022

Nature of Business and Summary of Significant Accounting Policies

Schedule of changes in intangible assets

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

	March 31, 2022						June 30, 2021
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,096)	$	704	$	9,800	$	(8,955)	$	845
Trade name		4,048		(354)		3,694		4,048		(202)		3,846
	$	13,848	$	(9,450)	$	4,398	$	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 March 31, 2022 and 2021 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2022		2021		2022	2021	2022		2021
Basic EPS	$	3,273	$	4,360	36,743	36,697	$	0.09	$	0.12
Effect of Dilutive Securities:
Stock Options		—		—	136	126		—		—
Diluted EPS	$	3,273	$	4,360	36,879	36,823	$	0.09	$	0.12

The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31, 2022 and 2021 (in thousands, except share and per share data):

					Weighted Average		Net Income per
	Net Income				Shares		Share
	2022		2021		2022	2021	2022		2021
Basic EPS	$	12,062	$	9,876	36,723	36,696	$	0.33	$	0.27
Effect of Dilutive Securities:
Stock Options		—		—	150	108		—		—
Diluted EPS	$	12,062	$	9,876	36,873	36,804	$	0.33	$	0.27