Annual report pursuant to Section 13 and 15(d)

Note 10 - Earnings per Share

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Note 10 - Earnings per Share
12 Months Ended
Jun. 30, 2012
Earnings Per Share [Text Block]
(10)           Earnings per Share

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

   
2012
   
2011
   
2010
 
Weighted average common shares outstanding for basic calculation
    28,824       28,758       28,982  
Effect of dilutive stock options and other share-based awards
    285       208       -  
Weighted average common shares outstanding adjusted for dilution calculation
    29,109       28,966       28,982  

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 2012, 2011 and 2010, stock options and share based awards of 1,641,500, 1,657,932 and 1,802,284, respectively, have been excluded.