Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

v3.3.1.900
Note 10 - Earnings Per Share
6 Months Ended
Dec. 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
   
Six months ended
 
   
December 31,
   
December 31,
 
   
2015
   
2014
   
2015
   
2014
 
Weighted average common shares outstanding for basic calculation
    28,304       28,930       28,357       28,929  
Effect of dilutive stock options and other share-based awards
    233       365       248       343  
Weighted average common shares outstanding adjusted for dilution calculation
    28,537       29,295       28,605       29,272  
 
As of December 31, 2015 and 2014, stock options to purchase 667,565 and 396,792 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.