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Note 15 - Earnings Per Share
 12 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

(15)

Earnings Per Share

 

Basic and diluted EPS are calculated using the following weighted average share data (in thousands):

 

  

Fiscal Year Ended June 30,

 
  

2022

  

2021

  

2020

 

Weighted average shares outstanding for basic calculation

  25,413   25,265   26,044 

Dilutive effect of stock options and other share-based awards

  109   87   25 

Weighted average shares outstanding adjusted for dilution calculation

  25,522   25,352   26,069 

 

Dilutive potential common shares consist of stock options, restricted stock units and performance units. 

 

As of June 30, 2022, 2021 and 2020, total share-based awards of 65,545, 46,827 and 403,106, respectively, were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive.

 

Contingently issuable shares with performance conditions are evaluated for inclusion in diluted EPS if, at the end of the current period, conditions would be satisfied as if it were the end of the contingency period. As of June 30, 2022, 2021 and 2020, the number of performance units excluded from the calculation of diluted EPS was 89,969, 251,867 and 199,107, respectively, because the performance conditions were not satisfied.