Earnings Per Share

12 Months Ended

Jun. 30, 2026

Note 11. Earnings Per Share

Basic earnings per share (“EPS”) is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed in a manner similar to that of basic EPS except that the weighted-average number of common shares outstanding is increased to reflect the effect of potentially dilutive common shares, such as stock options, using the treasury stock method, assuming such shares vested during the period. There were no anti-dilutive securities or contracts outstanding during the years ended June 30, 2026 and 2025.

		2026		2025
Net income	$	41,022,000	$	31,138,000
Weighted average shares – basic		17,025,485		17,026,828
Weighted average shares – dilute		17,025,485		17,026,828

Earnings per share – basic	$	2.41	$	1.83
Earnings per share – diluted	$	2.41	$	1.83