Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
6 Months Ended
Dec. 31, 2012
Earnings Per Share

F. Earnings Per Share:

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

 

     Quarter Ended      Six Months Ended  
     December 31,      December 31,  
     2012      2011      2012      2011  

Weighted average common shares outstanding-basic

     36,834         36,966         36,831         37,030   

Dilutive effect of stock options

     66         62         66         69   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     36,900         37,028         36,897         37,099   
  

 

 

    

 

 

    

 

 

    

 

 

 

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 214,000 for both the quarter and six months ended December 31, 2012. 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.