v3.25.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Costs, Estimated Earnings and Billings on Longer-Term Contracts Costs, estimated earnings and billings on longer-term contracts when the cost-to-cost method of revenue recognition is utilized as of June 30, 2025 and 2024 consisted of the following (in thousands):
June 30,  2025   2024 
         
Costs incurred on uncompleted contracts  $275   $1,795 
Estimated earnings   147    379 
Less: billings to date   (647)   (1,190)
Retainage   106    238 
Ending balance  $(119)  $1,222 
Schedule of Consolidated Balance Sheets These amounts are included in the Company’s consolidated balance sheets under the following captions (in thousands):
June 30,  2025   2024 
Contract assets  $289   $1,222 
Contract liabilities   (408)   
-
 
Ending balance  $(119)  $1,222 
Schedule of Basic and Diluted Earnings Per Share Basic and diluted earnings per share for fiscal 2025 and fiscal 2024 are computed as follows (in thousands, except per share data):
   For the years ended
June 30,		 
   2025   2024 
         
Net income  $7,498   $5,646 
Less: distributed and undistributed income allocated to non-vested restricted common stock   1,073    717 
Net income allocated to EVI Industries, Inc. shareholders  $6,425   $4,929 
Weighted average shares outstanding used in basic earnings per share   12,734    12,650 
           
Dilutive common share equivalents   425    568 
Weighted average shares outstanding used in diluted earnings per share   13,159    13,218 
Basic earnings per share  $0.50   $0.39 
Diluted earnings per share  $0.49   $0.37