Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share

v2.3.0.15
Note 12 - Earnings Per Share
 3 Months Ended
Sep. 30, 2011
Earnings Per Share [Text Block]
(12)    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,
 
   
2011
   
2010
 
Weighted average common shares outstanding for basic calculation
    28,760       28,779  
Effect of dilutive stock options and other share-based awards
    191       171  
Weighted average common shares outstanding adjusted for dilution calculation
    28,951       28,950  

As of September 30, 2011 and 2010, stock options to purchase 1,883,018 and 2,060,628 common shares, respectively, were excluded from the respective diluted earnings per share calculation because their impact was anti-dilutive.