Annual report pursuant to Section 13 and 15(d)

Note 9 - Earnings Per Share

v3.5.0.2
Note 9 - Earnings Per Share
 12 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
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):
 
   
2016
   
2015
   
2014
 
Weighted average shares of common stock
outstanding for basic calculation
     28,072       28,874       28,918  
                         
Effect of dilutive stock options and other
share-based awards
     252       308       358  
                         
Weighted average shares of common stock
outstanding adjusted for dilution calculation
     28,324       29,182       29,276  
 
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 2016, 2015 and 2014, stock options and share based awards of 460,155, 591,058 and 724,292, respectively, have been excluded.