Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
9 Months Ended
Mar. 31, 2014
Earnings Per Share

G. Earnings Per Share:

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

 

     Quarter Ended      Nine Months Ended  
     March 31,      March 31,  
     2014      2013      2014      2013  

Weighted average common shares outstanding-basic

     36,911         36,842         36,878         36,835   

Dilutive effect of stock options

     142         66         117         66   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     37,053         36,908         36,995         36,901   
  

 

 

    

 

 

    

 

 

    

 

 

 

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 55,000 and 115,000 for the quarter and nine months ended March 31, 2014, respectively. The number of potentially dilutive option shares excluded from the calculation was 222,000 for both the quarter and nine months ended March 31, 2013.