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, 2018
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,
 
   
2018
   
2017
 
Weighted average shares of common stock outstanding for basic calculation
   
26,539
     
27,459
 
Effect of dilutive stock options and other share-based awards
   
401
     
297
 
Weighted average shares of common stock outstanding adjusted for dilution calculation
   
26,940
     
27,756
 
 
 
As of
September 30, 2018
and
2017,
stock options to purchase
279
and
338
common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.