Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share

3 Months Ended

Sep. 30, 2016

Note 6. Earnings Per Share:

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

	Quarter Ended
	September 30,
	2016		2015
Weighted average common shares outstanding-basic		37,281		37,169
Dilutive effect of stock options		192		146
Weighted average common shares outstanding-diluted		37,473		37,315

The dilutive effect of stock options 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 1.2 million for the quarters ended September 30, 2016 and 2015, respectively.