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Earnings per Common Share (Tables)

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is as follows:

	Three Months Ended								Nine Months Ended
	March 31, 2014				March 31, 2013				March 31, 2014				March 31, 2013
	(In thousands, except per share data)
Basic EPS:
Net income attributable to Matrix Service Company	$	11,396			$	6,521			$	28,254			$	16,641
Weighted average shares outstanding	26,374				26,039				26,244				25,921
Basic EPS	$	0.43			$	0.25			$	1.08			$	0.64
Diluted EPS:
Weighted average shares outstanding – basic	26,374				26,039				26,244				25,921
Dilutive stock options	187				112				176				71
Dilutive nonvested deferred shares	479				260				478				277
Diluted weighted average shares	27,040				26,411				26,898				26,269
Diluted EPS	$	0.42			$	0.25			$	1.05			$	0.63

Antidilutive Securities Excluded from the Calculation of Diluted EPS

The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:

	Three Months Ended						Nine Months Ended
	March 31, 2014			March 31, 2013			March 31, 2014			March 31, 2013
	(In thousands)
Stock options	—			—			—			307
Nonvested deferred shares	—			—			15			1
Total antidilutive securities	—			—			15			308

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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