Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share

9 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

Note

Earnings

Per

Shares used in the earnings per share computations are as follows (in thousands):

	Quarter Ended				Nine Months Ended
	March 31,				March 31,
	2017		2016		2017		2016
Weighted average common shares outstanding-basic		37,320		37,196		37,303		37,185
Dilutive effect of stock options and restricted stock units		174		103		183		122
Weighted average common shares outstanding-diluted		37,494		37,299		37,486		37,307

The dilutive effect of stock options and restricted stock units in the above table excludes all options for which the aggregate exercise proceeds exceeded the average market price for the period. The number of potentially dilutive option shares excluded from the calculation was

million and

876,000

for the quarter ended

March

31,

2017

and

2016,

respectively. The number of potentially dilutive option shares excluded from the calculation was

million and

800,000

for the

nine

months ended

March

31,

2017

and

2016,

respectively.