Earnings per Common Share (Tables)

9 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is as follows:

	Three Months Ended						Nine Months Ended
	March 31, 2018			March 31, 2017			March 31, 2018		March 31, 2017
	(In thousands, except per share data)
Basic EPS:
Net income (loss)	$	(5,153	)	$	(13,821	)	$	3,203	$	771
Weighted average shares outstanding	26,817			26,594			26,747		26,511
Basic earnings (loss) per share	$	(0.19	)	$	(0.52	)	$	0.12	$	0.03
Diluted EPS:
Weighted average shares outstanding – basic	26,817			26,594			26,747		26,511
Dilutive stock options	—			—			29		51
Dilutive nonvested deferred shares	—			—			278		276
Diluted weighted average shares	26,817			26,594			27,054		26,838
Diluted earnings (loss) per share	$	(0.19	)	$	(0.52	)	$	0.12	$	0.03

Antidilutive Securities Excluded from the Calculation of Diluted EPS

The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:

	Three Months Ended		Nine Months Ended
	March 31, 2018	March 31, 2017	March 31, 2018	March 31, 2017
	(In thousands)
Stock options	37	46	—	—
Nonvested deferred shares	459	533	276	173