Quarterly report pursuant to Section 13 or 15(d)

Earnings per share

v2.3.0.15
Earnings per share
3 Months Ended
Sep. 30, 2011
Earnings per share

H. Earnings per share:

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

 

     Quarter Ended
September 30,
 
     2011      2010  

Weighted average common shares outstanding-basic

     37,095         37,040   

Dilutive effect of stock options

     75         67   
  

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     37,170         37,107   
  

 

 

    

 

 

 

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 170,000 and 105,000 for the quarters ended September 30, 2011 and 2010, respectively.