Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2018
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, 2018 and 2017 are computed as follows (in thousands, except per share data):

    For the six months ended
December 31,
  For the three months ended
December 31,
    2018
(Unaudited)
  2017
(Unaudited)
  2018
(Unaudited)
  2017
(Unaudited)
                 
Net income   $ 2,061     $ 2,073     $ 1,265     $ 1,510  
Less: distributed and undistributed
       income allocated to unvested
       restricted common stock
    148       154       91       112  
Net income allocated to
       EVI Industries, Inc.
       shareholders
  $ 1,913     $ 1,919     $ 1,174     $ 1,398  
Weighted average shares
       outstanding used in basic
       earnings per share
    11,364       10,585       11,492       10,702  
Dilutive common share
       equivalents
    506       377       474       372  
Weighted average shares
       outstanding used in diluted
       earnings per share
    11,870       10,962       11,966       11,074  
Basic earnings per share   $ 0.17     $ 0.18     $ 0.10     $ 0.13  
Diluted earnings per share   $ 0.16     $ 0.18     $ 0.10     $ 0.13