Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Earnings Per Share

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Note 6 - Earnings Per Share
9 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note 6.
Earnings
Per
Share:
 
Shares used in the earnings per share computations are as follows (in thousands):
 
 
 
Quarter
Ended
March 31,
 
 
Nine Months
Ended
March 31,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
Weighted average common shares outstanding-basic
    37,196       37,138       37,185       37,078  
Dilutive effect of stock options and restricted stock units
    103       131       122       132  
Weighted average common shares outstanding-diluted
    37,299       37,269       37,307       37,210  
 
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 876,000 and 413,000 for the quarters ended March 31, 2016 and 2015, respectively. The number of potentially dilutive option shares and restricted stock units excluded from the calculation was 800,000 and 479,000 for the nine months ended March 31, 2016 and 2015, respectively.