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Note 15 - Earnings Per Share | 12 Months Ended
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Jun. 30, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] |
( 15 ) | Earnings Per Share
Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):
|  | Years ended June 30, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Weighted average shares outstanding for basic calculation |  |  | 26,695 |  |  |  | 27,321 |  |  |  | 27,679 |
Dilutive effect of stock options and other share-based awards |  |  | 56 |  |  |  | 304 |  |  |  | 279 |
Weighted average shares outstanding adjusted for dilution calculation |  |  | 26,751 |  |  |  | 27,625 |  |  |  | 27,958 |
Dilutive potential common shares consist of stock options and unvested restricted stock awards. In fiscal 2019, 2018 and 2017, stock options to purchase 231,717, 195,318, and 379,350 common shares, respectively, were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive. As of June 30, 2019, 2018 and 2017, the number of performance-based equity award grants excluded from the calculation of diluted EPS was 187,882, 210,836 and 215,613, respectively . Performance-based awards are excluded from the calculation of diluted EPS unless the performance criteria are probable of being achieved as of the balance sheet date.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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