Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

v2.4.0.6
Note 10 - Earnings Per Share
9 Months Ended
Mar. 31, 2013
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
March 31,
   
Nine months ended
March 31,
 
   
2013
   
2012
   
2013
   
2012
 
Weighted average common shares outstanding for basic calculation
    28,869       28,857       28,850       28,813  
Effect of dilutive stock options and other share-based awards
    404       379       363       272  
Weighted average common shares outstanding adjusted for dilution calculation
    29,273       29,236       29,213       29,085  

As of March 31, 2013 and 2012, stock options to purchase 885,600 and 1,540,000 common shares, respectively, were excluded from the respective diluted earnings per share calculation because their impact was anti-dilutive.