Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share

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Note 9 - Earnings Per Share
6 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
(
9
)
Earnings Per Share
 
Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):
 
   
Three months ended
   
Six months ended
 
   
December 31,
   
December 31,
 
   
2018
   
2017
   
2018
   
2017
 
Weighted average shares of common stock outstanding for basic calculation
   
26,574
     
27,472
     
26,556
     
27,466
 
Effect of dilutive stock options and other share-based awards
   
349
     
256
     
376
     
276
 
Weighted average shares of common stock outstanding adjusted for dilution calculation
   
26,923
     
27,728
     
26,932
     
27,742
 
 
 
As of
December 31, 2018
and
2017,
stock options to purchase
277
and
256
common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.