Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

v2.4.0.8
Note 10 - Earnings Per Share
 9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

(10)

Earnings Per Share


Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):


   

Three months ended

March 31,

   

Nine months ended

March 31,

 
   

2014

   

2013

   

2014

   

2013

 

Weighted average common shares outstanding for basic calculation

    28,920       28,869       28,916       28,850  

Effect of dilutive stock options and other share-based awards

    351       404       368       363  

Weighted average common shares outstanding adjusted for dilution calculation

    29,271       29,273       29,284       29,213  

As of March 31, 2014 and 2013, stock options to purchase 620,392 and 885,600 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.