Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
9 Months Ended
Mar. 31, 2013
Earnings Per Share

H. Earnings Per Share:

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

 

      Quarter Ended
March 31,
     Nine Months Ended
March 31,
 
   2013      2012      2013      2012  

Weighted average common shares outstanding-basic

     36,842         36,864         36,835         36,975   

Dilutive effect of stock options

     66         66         66         68   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     36,908         36,930         36,901         37,043   
  

 

 

    

 

 

    

 

 

    

 

 

 

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 nine months ended March 31, 2013. The number of potentially dilutive option shares excluded from the calculation was 222,000 for both the quarter and nine months ended March 31, 2012, respectively.