XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 4 - Earnings Per Common Share | 6 Months Ended
--- | ---
Dec. 31, 2015
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 4 - EARNINGS PER COMMON SHARE The following table presents the amounts used to compute basic and diluted earnings per common share, as well as the effect of dilutive potential common shares on weighted average shares outstanding (in thousands, except per share data) :
|  | Three Months Ended December 31 |  |  | Six Months Ended December 31 |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
BASIC EARNINGS PER SHARE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 3,782 |  |  | $ | 1,588 |  |  | $ | 7,532 |  |  | $ | 3,115 |
Weighted average shares outstanding during the period, net of treasury shares (a) |  |  | 24,637 |  |  |  | 24,124 |  |  |  | 24,569 |  |  |  | 24,123 |
Weighted average vested restricted stock units outstanding |  |  | 25 |  |  |  | -- |  |  |  | 26 |  |  |  | -- |
Weighted average shares outstanding in the Deferred Compensation Plan during the period |  |  | 249 |  |  |  | 325 |  |  |  | 243 |  |  |  | 319 |
Weighted average shares outstanding |  |  | 24,911 |  |  |  | 24,449 |  |  |  | 24,838 |  |  |  | 24,442 |
Basic earnings per share |  | $ | 0.15 |  |  | $ | 0.06 |  |  | $ | 0.30 |  |  | $ | 0.13 |
DILUTED EARNINGS PER SHARE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 3,782 |  |  | $ | 1,588 |  |  | $ | 7,532 |  |  | $ | 3,115 |
Weighted average shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 24,911 |  |  |  | 24,449 |  |  |  | 24,838 |  |  |  | 24,442 |
Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any |  |  | 713 |  |  |  | 58 |  |  |  | 567 |  |  |  | 64 |
Weighted average shares outstanding (c) |  |  | 25,624 |  |  |  | 24,507 |  |  |  | 25,405 |  |  |  | 24,506 |
Diluted earnings per share |  | $ | 0.15 |  |  | $ | 0.06 |  |  | $ | 0.30 |  |  | $ | 0.13 |
| (a) | Includes shares accounted for as treasury stock according to accounting standards.
| (b) | Calculated using the “Treasury Stock” method as if dilutive securities were exercised and the funds were used to purchase common shares at the average market price during the period.
| (c) | Options to purchase 1,115,250 common shares and 2,377,900 common shares at December 31, 2015 and 2014, respectively, and options to purchase 1,506,800 common shares and 2,371,900 common shares at December 31, 2015 and 2014, respectively, were not included in the computation of the three month and six month periods for diluted earnings per share, respectively, because the exercise price was greater than the average fair market value of the common shares.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration