Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings per Share

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Note 10 - Earnings per Share
 6 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
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
    
Six months ended
  
   
December 31,
    
December 31,
  
   
2014
    
2013
    
2014
    
2013
  
Weighted average common shares outstanding for basic calculation
     28,930       28,916       28,929       28,913  
Effect of dilutive stock options and other share-based awards
     365       376       343       377  
Weighted average common shares outstanding adjusted for dilution calculation
     29,295       29,292       29,272       29,290  
 
As of December 31, 2014 and 2013, stock options to purchase 396,792 and 485,942 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.