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Note 13 - Earnings Per Share
3 Months Ended
Sep. 30, 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

 
   

September 30,

 
   

2015

   

2014

 

Basic - Average shares outstanding

    12,660       12,652  

Effect of dilutive securities – Stock options and restrictive stock awards

    103       181  

Diluted - Average shares outstanding

    12,763       12,833  

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 months ended September 30, 2015 and 2014, respectively.


Performance stock units of 33,653 and 31,199 for the three months ended September 30, 2015 and 2014, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.