Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share

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Note 9 - Earnings Per Share
3 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
(9)
Earnings Per Share
 
Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):
 
   
Three months ended
September 30,
 
   
2016
   
2015
 
Weighted average shares of common stock outstanding for basic calculation
    27,725       28,410  
Effect of dilutive stock options and other share-based awards
    287       263  
Weighted average shares of common stock outstanding adjusted for dilution calculation
    28,012       28,673  
 
 
As of September 30, 2016 and 2015, stock options to purchase 492,565 and 576,009 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.