|
Basic and diluted earnings per share for the nine and three months ended March 31,
2019 and 2018 are computed as follows (in thousands, except per share data):
| |
|
For the nine months ended
March 31, |
|
For the three months ended
March 31, |
| |
|
2019
(Unaudited) |
|
2018
(Unaudited) |
|
2019
(Unaudited) |
|
2018
(Unaudited) |
| |
|
|
|
|
|
|
|
|
| Net income |
|
$ |
2,527 |
|
|
$ |
3,209 |
|
|
$ |
466 |
|
|
$ |
1,136 |
|
Less: distributed and undistributed
income allocated to unvested
restricted common stock |
|
|
181 |
|
|
|
243 |
|
|
|
33 |
|
|
|
86 |
|
Net income allocated to
EVI Industries, Inc.
shareholders |
|
$ |
2,346 |
|
|
$ |
2,966 |
|
|
$ |
433 |
|
|
$ |
1,050 |
|
Weighted average shares
outstanding used in basic
earnings per share |
|
|
11,463 |
|
|
|
10,728 |
|
|
|
11,666 |
|
|
|
11,020 |
|
Dilutive common share
equivalents |
|
|
497 |
|
|
|
417 |
|
|
|
479 |
|
|
|
499 |
|
Weighted average shares
outstanding used in diluted
earnings per share |
|
|
11,960 |
|
|
|
11,145 |
|
|
|
12,145 |
|
|
|
11,519 |
|
| Basic earnings per share |
|
$ |
0.20 |
|
|
$ |
0.28 |
|
|
$ |
0.04 |
|
|
$ |
0.10 |
|
| Diluted earnings per share |
|
$ |
0.20 |
|
|
$ |
0.27 |
|
|
$ |
0.04 |
|
|
$ |
0.09 |
|
|