Earnings per Common Share (Tables)

3 Months Ended

Sep. 30, 2020

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, 2020		September 30, 2019
	(In thousands, except per share data)
Basic EPS:
Net income (loss)	$	(3,037)	$	6,151
Weighted average shares outstanding	26,265		26,935
Basic earnings (loss) per share	$	(0.12)	$	0.23
Diluted EPS:
Weighted average shares outstanding – basic	26,265		26,935
Dilutive stock options	—		25
Dilutive nonvested deferred shares	—		615
Diluted weighted average shares	26,265		27,575
Diluted earnings (loss) per share	$	(0.12)	$	0.22

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, 2020	September 30, 2019
	(In thousands)
Stock options	54	—
Nonvested deferred shares	882	269
Total antidilutive securities	936	269