Ethan Allen Interiors Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share

6 Months Ended

Dec. 31, 2016

(9)	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,
	2016		2015		2016		2015
Weighted average shares of common stock outstanding for basic calculation		27,666		28,304		27,696		28,357
Effect of dilutive stock options and other share-based awards		279		233		283		248
Weighted average shares of common stock outstanding adjusted for dilution calculation		27,945		28,537		27,979		28,605

As of

December

31,

2016

and

2015,

stock options to purchase

464,495

and

667,656

common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.