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 |
|
|