Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
3 Months Ended
Sep. 30, 2014
Earnings Per Share

Note 6. Earnings Per Share:

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

 

     Quarter Ended  
     September 30,  
     2014      2013  

Weighted average common shares outstanding-basic

     37,007         36,842   

Dilutive effect of stock options

     141         86   
  

 

 

    

 

 

 

Weighted average common shares outstanding-diluted

     37,148         36,928   
  

 

 

    

 

 

 

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 575,000 and 223,000 for the quarters ended September 30, 2014 and 2013, respectively.