Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.8.0.1
Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and diluted earnings per share

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

    For the six months ended
December 31,
    For the three months ended
December 31,
 
    2017
(Unaudited)
    2016
(Unaudited)
    2017
(Unaudited)
    2016
(Unaudited)
 
                         
Net income   $ 2,073     $ 1,680     $ 1,510     $ 1,329  

Less: distributed and undistributed
     income allocated to unvested

     restricted common stock

    154       51       112       31  
Net income allocated to
     EnviroStar, Inc.
     shareholders
  $ 1,919     $ 1,629     $ 1,398     $ 1,278  
Weighted average shares
     outstanding used in basic
    10,585       8,538       10,702       10,043  
Dilutive common share
     equivalents
    377             372        
Weighted average shares
     outstanding used in diluted
     earnings per share
    10,962       8,538       11,074       10,043  
Basic earnings per share   $ 0.18     $ 0.19     $ 0.13     $ 0.13  
Diluted earnings per share   $ 0.18     $ 0.19     $ 0.13     $ 0.13