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, 2014
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):


   

2014

     

2013

     

2012

 

Weighted average common shares outstanding for basic calculation

    28,918  

 

    28,864  

 

    28,824  

Effect of dilutive stock options and other share-based awards

    358         375         285  

Weighted average common shares outstanding adjusted for dilution calculation

    29,276         29,239         29,109  

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 2014, 2013 and 2012, stock options and share based awards of 724,292, 877,100 and 1,641,500, respectively, have been excluded.