Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

Note

Earnings

Per

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

	Quarter Ended				Six Months Ended
	December 31,				December 31,
	2016		2015		2016		2015
Weighted average common shares outstanding-basic		37,308		37,189		37,294		37,179
Dilutive effect of stock options and restricted stock units		170		112		181		130
Weighted average common shares outstanding-diluted		37,478		37,301		37,475		37,309

The dilutive effect of stock options and restricted stock units 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

2.0

million and

1.2

million for the

six

months ended

December

31,

2016

and

2015,

respectively.