Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share

v2.4.0.6
Note 12 - Earnings Per Share
6 Months Ended
Dec. 31, 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
   
Six months ended
 
   
December 31,
   
December 31,
 
   
2011
   
2010
   
2011
   
2010
 
Weighted average common shares outstanding for basic calculation
    28,823       28,728       28,791       28,753  
Effect of dilutive stock options and other share-based awards
    246       193       219       183  
Weighted average common shares outstanding adjusted for dilution calculation
    29,069       28,921       29,010       28,936  

As of December 31, 2011 and 2010, stock options to purchase 1,666,700 and 1,922,853 common shares, respectively, were excluded from the respective diluted earnings per share calculation because their impact was anti-dilutive.