Earnings per Common Share (Tables)

3 Months Ended

Sep. 30, 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
	September 30, 2018		September 30, 2017
	(In thousands, except per share data)
Basic EPS:
Net income	$	2,305	$	3,824
Weighted average shares outstanding	26,921		26,655
Basic earnings per share	$	0.09	$	0.14
Diluted EPS:
Weighted average shares outstanding – basic	26,921		26,655
Dilutive stock options	31		10
Dilutive nonvested deferred shares	637		97
Diluted weighted average shares	27,589		26,762
Diluted earnings per share	$	0.08	$	0.14

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
	September 30, 2018	September 30, 2017
	(In thousands)
Nonvested deferred shares	167	718