Quarterly report pursuant to Section 13 or 15(d)

Earnings per share

v2.4.0.6
Earnings per share
 6 Months Ended
Dec. 31, 2011
Earnings per share

G. Earnings per share:

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

 

     Quarter Ended
December 31, 		     Six Months Ended
December 31, 		 
     2011      2010      2011      2010  

Weighted average common shares outstanding-basic

      36,966         37,093         37,030         37,066   

Dilutive effect of stock options

      62         63         69         65   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average common shares outstanding-diluted

      37,028         37,156         37,099         37,131   
  

 

 

     

 

 

     

 

 

     

 

 

  

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 238,000 and 192,000 for the quarter and six months ended December 31, 2011, respectively, and 71,000 and 90,000 for the quarter and six months ended December 31, 2010, respectively.