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, 2016
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,
 
   
2016
   
2015
   
2016
   
2015
 
Weighted average shares of common stock outstanding for basic calculation
    27,827       28,925       28,181       28,927  
Effect of dilutive stock options and other share-based awards
    234       317       243       335  
Weighted average shares of common stock outstanding adjusted for dilution calculation
    28,061       29,242       28,424       29,262  
 
As of March 31, 2016 and 2015, stock options to purchase 623,983 and 422,658 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.