Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share

v3.8.0.1
Note 9 - Earnings Per Share
 6 Months Ended
Dec. 31, 2017
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
    
Six months ended
  
   
December 31,
    
December 31,
  
   
2017
    
2016
    
2017
    
2016
  
Weighted average shares of common stock outstanding for basic calculation
    
27,472
      
27,666
      
27,466
      
27,696
  
Effect of dilutive stock options and other share-based awards
    
256
      
279
      
276
      
283
  
Weighted average shares of common stock outstanding adjusted for dilution calculation
    
27,728
      
27,945
      
27,742
      
27,979
  
 
As of
December 31, 2017
and
2016,
stock options to purchase
256,319
and
464,495
common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.