XML 43 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
 12 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share are computed by dividing net income by the weighted-average number of common and potential common shares outstanding.
 
Fiscal Year Ended June 30,
 
2012
 
2011
 
2010
 
(in thousands, except per share data)
Fiscal Year Ended June 30, 2012:
 
 
 
 
 
Net income
$
74,288

 
$
73,523

 
$
48,812

 
 
 
 
 
 
Denominator:


 


 
 
Weighted-average shares, basic
27,362

 
26,872

 
26,605

Dilutive effect of share-based payments
389

 
374

 
264

Weighted-average shares, diluted
27,751

 
27,246

 
26,869

 


 


 
 
Net income per common share, basic
$
2.72

 
$
2.74

 
$
1.83

Net income per common share, diluted
$
2.68

 
$
2.70

 
$
1.82


For the years ended June 30, 2012, 2011 and 2010, there were 583,000, 947,000 and 1,208,000 weighted average shares, respectively, excluded from the computation of diluted earnings per share because their effect would have been antidilutive.