Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

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Note 10 - Earnings Per Share
 9 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
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
    
Nine months ended
  
   
March 31,
    
March 31,
  
   
2015
    
2014
    
2015
    
2014
  
Weighted average common shares outstanding for basic calculation
     28,925       28,920       28,927       28,916  
Effect of dilutive stock options and other share-based awards
     317       351       335       368  
Weighted average common shares outstanding adjusted for dilution calculation
     29,242       29,271       29,262       29,284  
 
As of March 31, 2015 and 2014, stock options to purchase 422,658 and 620,392 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.