Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

v2.4.0.6
Note 10 - Earnings Per Share
6 Months Ended
Dec. 31, 2012
Earnings Per Share [Text Block]
(10) Earnings Per Share

Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):

   
Three months ended
December 31,
   
Six months ended
December 31,
 
   
2012
   
2011
   
2012
   
2011
 
Weighted average common shares outstanding for basic calculation
    28,846       28,823       28,841       28,791  
Effect of dilutive stock options and other share-based awards
    377       246       341       219  
Weighted average common shares outstanding adjusted for dilution calculation
    29,223       29,069       29,182       29,010  

As of December 31, 2012 and 2011, stock options to purchase 945,882 and 1,666,700 common shares, respectively, were excluded from the respective diluted earnings per share calculation because their impact was anti-dilutive.