v3.26.1
Note 11 - Earnings Per Common Share ("EPS")
 9 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 11. Earnings Per Common Share (“EPS”)

 

The computations of the basic and diluted EPS amounts were as follows:

 

  

Three Months Ended March 31,

  

Nine Months Ended March 31,

 
  

2026

  

2025

  

2026

  

2025

 
                 

Net Income

 $3,003,000  $1,891,000  $7,900,000  $5,333,000 

Weighted-average common shares outstanding:

                

Basic

  8,211,220   8,495,005   8,268,605   8,493,715 

Effect of dilutive common stock equivalents

  436,574   472,833   404,740   486,503 

Diluted

  8,647,794   8,967,838   8,673,345   8,980,218 
                 

Earnings per common share:

                

Basic

 $0.37  $0.22  $0.96  $0.63 

Diluted

 $0.35  $0.21  $0.91  $0.59 

 

Common stock equivalents excluded from the calculation of diluted earnings per share because their impact was anti-dilutive were 56,030 and 3,196 for the three months ended March 31, 2026, and 2025, respectively, and were 43,592 and 47,971 for the nine months ended March 31, 2026, and 2025, respectively.