Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings Per Share

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Note 8 - Earnings Per Share
6 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note 8.
Earnings
P
er
S
hare:
 
Shares used in the earnings per share computations are as follows (in thousands):
 
 
 
Quarter
Ended
 
 
Six Months
Ended
 
 
 
December 31,
 
 
December 31,
 
 
 
2014
 
 
2013
 
 
2014
 
 
2013
 
Weighted average common shares outstanding-basic
    37,085       36,882       37,048       36,862  
Dilutive effect of stock options and restricted stock units
    126       133       133       106  
Weighted average common shares outstanding-diluted
    37,211       37,015       37,181       36,968  
 
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 and all performance related options and restricted stock units. The number of potentially dilutive option shares and restricted stock units excluded from the calculation was 534,000 and 167,000 for the quarters ended December 31, 2014 and 2013, respectively. The number of potentially dilutive option shares and restricted stock unis excluded from the calculation was 534,000 and 193,000 for the six months ended December 31, 2014 and 2013, respectively.