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Earnings per Common Share (Notes)
 3 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings per Common Share
Earnings per Common Share
Basic earnings per share (“Basic EPS”) is calculated based on the weighted average shares outstanding during the period. Diluted earnings per share (“Diluted EPS”) includes the dilutive effect of stock options and nonvested deferred shares.
The computation of basic and diluted earnings per share is as follows:
 
 
Three Months Ended
 
 
September 30,
2014
 
September 30,
2013
 
(In thousands, except per share data)
Basic EPS:
 
 
 
 
Net income attributable to Matrix Service Company
 
$
5,914

 
$
6,552

Weighted average shares outstanding
 
26,470

 
26,116

Basic EPS
 
$
0.22

 
$
0.25

Diluted EPS:
 

 

Weighted average shares outstanding – basic
 
26,470

 
26,116

Dilutive stock options
 
147

 
137

Dilutive nonvested deferred shares
 
517

 
394

Diluted weighted average shares
 
27,134

 
26,647

Diluted EPS
 
$
0.22

 
$
0.25


 
The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:
 
 
Three Months Ended
 
 
September 30,
2014
 
September 30,
2013
 
(In thousands)
Nonvested deferred shares
 
63

 
60