Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share

6 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 6.

Earnings

Per

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

	Quarter Ended				Six Months Ended
	December 31,				December 31,
	2015		2014		2015		2014
Weighted average common shares outstanding-basic		37,189		37,085		37,179		37,048
Dilutive effect of stock options and restricted stock units		112		126		130		133
Weighted average common shares outstanding-diluted		37,301		37,211		37,309		37,181

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 1.3 million and 534,000 for the quarters ended December 31, 2015 and 2014, respectively. The number of potentially dilutive option shares and restricted stock units excluded from the calculation was 1.2 million and 534,000 for the six months ended December 31, 2015 and 2014, respectively.