Annual report pursuant to Section 13 and 15(d)

Note 9 - Earnings per Share

v2.4.0.8
Note 9 - Earnings per Share
 12 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

(9)      Earnings per Share


The following table sets forth the calculation of weighted average shares for the fiscal years ended June 30 (in thousands):


   

2013

   

2012

   

2011

 

Weighted average common shares outstanding for basic calculation

    28,864       28,824       28,758  

Effect of dilutive stock options and other share-based awards

    375       285       208  

Weighted average common shares outstanding adjusted for dilution calculation

    29,239       29,109       28,966  

Certain restricted stock awards and the potential exercise of certain stock options were excluded from the respective diluted earnings per share calculation because their impact is anti-dilutive. In 2013, 2012 and 2011, stock options and share based awards of 877,100, 1,641,500 and 1,657,932, respectively, have been excluded.