Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Basic and diluted earnings per share

Basic and diluted earnings per share for the three months ended September 30, 2018 and 2017 are computed as follows (in thousands, except per share data):

    For the three months ended
September 30,
    2018
(Unaudited)
  2017
(Unaudited)
         
Net income   $ 796     $ 563  
Less: distributed and undistributed income allocated to unvested restricted common stock     58       44  
Net income allocated to EnviroStar, Inc. shareholders   $ 738     $ 519  
Weighted average shares outstanding used in basic earnings per share     11,236       10,468  
Dilutive common share equivalents     538       381  
Weighted average shares outstanding used in diluted earnings per share     11,774       10,849  
Basic earnings per share   $ 0.07     $ 0.05  
Diluted earnings per share   $ 0.06     $ 0.05