Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.3.a.u2
Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share for the six and three months ended December 31, 2019 and 2018 are computed as follows (in thousands, except per share data):

    For the six months ended
December 31,
  For the three months ended
December 31,
    2019
(Unaudited)
  2018
(Unaudited)
  2019
(Unaudited)
  2018
(Unaudited)
                 
Net income   $ 843     $ 2,061     $ 263     $ 1,265  
                                 
Less: distributed and undistributed
        income allocated to unvested
        restricted common stock
    58       148       18       91  
Net income allocated to
        EVI Industries, Inc.
        shareholders
  $ 785     $ 1,913     $ 245     $ 1,174  
Weighted average shares
        outstanding used in basic
        earnings per share
    11,787       11,364       11,797       11,492  
Dilutive common share
        equivalents
    421       506       402       474  
Weighted average shares
        outstanding used in diluted
        earnings per share
    12,208       11,870       12,199       11,966  
Basic earnings per share   $ 0.07     $ 0.17     $ 0.02     $ 0.10  
Diluted earnings per share   $ 0.06     $ 0.16     $ 0.02     $ 0.10