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Note 13 - Earnings Per Share
6 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

13)     Earnings Per Share


The following table sets forth a reconciliation of the number of shares (in thousands) used in the computation of basic and diluted earnings per share:


   

Three Months Ended

   

Six Months Ended

 
   

December 31,

   

December 31,

 
   

2014

   

2013

   

2014

   

2013

 

Basic - Average shares outstanding

    12,656       12,634       12,655       12,598  

Effect of dilutive securities:

                               

Unvested stock awards

    146       134       163       165  

Diluted - Average shares outstanding

    12,802       12,768       12,818       12,763  

Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No options to purchase common stock were excluded as anti-dilutive from the calculation of diluted earnings per share for the three and six months ended December 31, 2014 and 2013, respectively.


Performance stock units of 28,597 and 35,514 for the six months ended December 31, 2014 and 2013, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.