Quarterly report pursuant to Section 13 or 15(d)

Earnings per share

v2.4.0.6
Earnings per share
3 Months Ended
Sep. 30, 2012
Earnings per share

G. Earnings per share:

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

 

     Quarter Ended  
     September 30,  
     2012      2011  

Weighted average common shares outstanding-basic

     36,828         37,095   

Dilutive effect of stock options

     67         75   
  

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     36,895         37,170   
  

 

 

    

 

 

 

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 199,000 and 170,000 for the quarters ended September 30, 2012 and 2011, respectively.