The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts):

 

		Quarter Ended September 30,
		201 8				201 7
Earnings per share – basic:
Net Income		$	17,403			$	15,863
Income allocated to participating securities			(16	)			(10	)
Income available to common shareholders		$	17,387			$	15,853
Weighted-average shares outstanding			37,697				37,376
Earnings per share-basic		$	0.46			$	0.42
Earnings per share – diluted:
Net Income		$	17,403			$	15,863
Income allocated to participating securities			(16	)			(10	)
Income available to common shareholders		$	17,387			$	15,853
Weighted average common shares outstanding-basic			37,697				37,376
Dilutive effect of stock options and restricted stock units			1,116				329
Weighted average common shares outstanding-diluted			38,813				37,705
Earnings per share-diluted		$	0.45			$	0.42

 

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 for the quarter of fiscal and was million.