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

6 Months Ended

Dec. 31, 2023

Nature of Business and Summary of Significant Accounting Policies

Schedule of cash and cash equivalents

Cash and cash equivalents consist of the following as of (in thousands):

	December 31, 2023		June 30, 2023
Cash	$	21,474	$	20,713
Money Market Fund		20,562		63
Certificates of Deposit		5,275		15,179
	$	47,311	$	35,955

Schedule of investments - other

	December 31, 2023		June 30, 2023
Cash	$	21,474	$	20,713
Money Market Fund		20,562		63
Certificates of Deposit		5,275		15,179
	$	47,311	$	35,955

Schedule of certificates of deposit

December 31, 2023
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		5.10%		2/22/2024	$	5,245	$	5,275
Investments - other		5.10% - 5.40%		2/23/2024 - 4/24/2024		26,015		26,332

Schedule of intangible assets

Intangible assets consisted of the follows (in thousands):

	December 31, 2023						June 30, 2023
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800		(9,369)	$	431	$	9,800		(9,302)	$	498
Trade name		4,048		(708)		3,340		4,048		(607)		3,441
	$	13,848	$	(10,077)	$	3,771	$	13,848	$	(9,909)	$	3,939

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, 2023 and 2022 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2023		2022		2023	2022	2023		2022
Basic EPS	$	12,610	$	3,929	36,829	36,772	$	0.34	$	0.11
Effect of Dilutive Securities:
Stock Options		—		—	189	225		—		—
Diluted EPS	$	12,610	$	3,929	37,018	36,997	$	0.34	$	0.11

The following provides a reconciliation of information used in calculating the per share amounts for the six months ended December 31, 2023 and 2022 (in thousands, except share and per share data):

					Weighted Average		Net Income per
	Net Income				Shares		Share
	2023		2022		2023	2022	2023		2022
Basic EPS	$	23,088	$	7,013	36,743	36,731	$	0.63	$	0.19
Effect of Dilutive Securities:
Stock Options		—		—	219	226		(0.01)		—
Diluted EPS	$	23,088	$	7,013	36,962	36,957	$	0.62	$	0.19