Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.7.0.1
Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and diluted earnings per share

Basic and diluted earnings per share for the nine and three months ended March 31, 2017 and 2016 are computed as follows (in thousands except per share data):

 

    For the nine months ended
March 31,
  For the three months ended
March 31,
    2017
(Unaudited)
  2016
(Unaudited)
  2017
(Unaudited)
  2016
(Unaudited)
                 
Net income   $ 2,570     $ 1,310     $ 890     $ 774  
Less: distributed and undistributed
        income allocated to non-vested
        restricted common stock
    107             37        
Net income allocated to EnviroStar,
        Inc. shareholders
  $ 2,463     $ 1,310     $ 853     $ 774  
Weighted average shares outstanding  
        used in basic earnings per share
    9,140       7,034       10,369       7,034  
                                 
Dilutive common share equivalents     32             96        
Weighted average shares outstanding  
        used in dilutive earnings per share
    9,172       7,034       10,465       7,034  
Basic earnings per share   $ 0.27     $ 0.19     $ 0.08     $ 0.11  
Diluted earnings per share   $ 0.27     $ 0.19     $ 0.08     $ 0.11