Note 16 - Earnings Per Share

12 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Earnings Per Share [Text Block]

(16)

Earnings Per Share

The following is a reconciliation of the numerators and denominators used in our computations of basic and diluted EPS:

		Fiscal Year Ended June 30,
(in thousands, except per share data)		2025				2024				2023
Numerator (basic and diluted):
Net income available to common shareholders		$	51,596			$	63,816			$	105,807
Denominator:
Basic weighted average shares common shares outstanding			25,554				25,525				25,473
Dilutive effect of stock options and other share-based awards ⁽¹⁾			80				119				131
Diluted weighted average shares common shares outstanding			25,634				25,644				25,604
Earnings per share:
Basic		$	2.02			$	2.50			$	4.15
Diluted		$	2.01			$	2.49			$	4.13

(1) Dilutive potential common shares consist of stock options, restricted stock units and performance units. 

At June 30, 2025, 2024 and 2023, total stock-based awards of 46,713, 26,582 and 39,065, respectively, were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive.

At June 30, 2025, 2024 and 2023, the number of performance units excluded from the calculation of diluted EPS was 142,178, 142,535 and 92,638 respectively. Contingently issuable shares with performance conditions are evaluated for inclusion in diluted EPS if, at the end of the current period, conditions would be satisfied as if it were the end of the contingency period.