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Note 13 - Earnings Per Share
9 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

13)     Earnings Per Share


The following table sets forth a reconciliation of the number of shares (in thousands) used in the computation of basic and diluted earnings per share:


   

Three Months Ended

   

Nine Months Ended

 
   

March 31,

   

March 31,

 
   

2015

   

2014

   

2015

   

2014

 

Basic - Average shares outstanding

    12,657       12,620       12,656       12,604  

Effect of dilutive securities:

                               

Unvested stock awards

    131       117       152       154  

Diluted - Average shares outstanding

    12,788       12,737       12,808       12,758  

Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No options to purchase common stock were excluded as anti-dilutive from the calculation of diluted earnings per share for the three and nine months ended March 31, 2015 and 2014, respectively.


Performance stock units of 28,111 and 37,049 for the nine months ended March 31, 2015 and 2014, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.