Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings Per Share

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Note 8 - Earnings Per Share
9 Months Ended
Mar. 31, 2015
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
 
 
Nine Months
Ended
 
 
 
March 31,
 
 
March 31,
 
 
 
2015
 
 
2014
 
 
2015
 
 
2014
 
Weighted average common shares outstanding-basic
    37,138       36,911       37,078       36,878  
Dilutive effect of stock options and restricted stock units
    131       142       132       117  
Weighted average common shares outstanding-diluted
    37,269       37,053       37,210       36,995  
 
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 413,000 and 55,000 for the quarters ended March 31, 2015 and 2014, respectively. The number of potentially dilutive option shares and restricted stock unis excluded from the calculation was 479,000 and 115,000 for the nine months ended March 31, 2015 and 2014, respectively.