Annual report pursuant to Section 13 and 15(d)

Note 9 - Earnings Per Share

v3.7.0.1
Note 9 - Earnings Per Share
12 Months Ended
Jun. 30, 2017
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):
 
   
2017
     
2016
     
2015
 
Weighted average shares of common stock
outstanding for basic calculation
   
27,679
 
 
   
28,072
 
 
   
28,874
 
                             
Effect of dilutive stock options and other
share-based awards
   
279
       
252
       
308
 
                             
Weighted average shares of common stock
outstanding adjusted for dilution calculation
   
27,958
       
28,324
       
29,182
 
 
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
2017,
2016
and
2015,
stock options and share based awards of
379,350,
460,155
and
591,058,
respectively, have been excluded.