If there is only one file then it is extracted into the current directory. It makes sense to extract multiple files into a directory like it currently does. To move the files from the created directory to the current directory one simply has to cut/paste them, whilst to do it the other way around would require making a folder, knowing what files were in the directory, selecting them individually with ctrl-click then cutting/pasting them into the directory. I like it how it is, but if you insist then perhaps "Extract" rather than "Extract Here"?
If there is only one file then it is extracted into the current directory. It makes sense to extract multiple files into a directory like it currently does. To move the files from the created directory to the current directory one simply has to cut/paste them, whilst to do it the other way around would require making a folder, knowing what files were in the directory, selecting them individually with ctrl-click then cutting/pasting them into the directory. I like it how it is, but if you insist then perhaps "Extract" rather than "Extract Here"?