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Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2012
Computation of Basic and Diluted EPS

The table below presents the computation of basic and diluted EPS for the three months ended September 30, 2012 and 2011, respectively (in thousands, except per share data):

 

     Three Months Ended
September 30,
 
     2012      2011  

Numerator:

     

Net income

   $ 7,894       $ 4,418   
  

 

 

    

 

 

 

Denominator:

     

Weighted-average common shares outstanding

     23,679         23,355   

Net common stock equivalents assuming the exercise of in-the-money stock options

     119         182   
  

 

 

    

 

 

 

Weighted-average common and common equivalent shares outstanding, assuming dilution

     23,798         23,537   
  

 

 

    

 

 

 

Earnings Per Share:

     

Basic

   $ 0.33       $ 0.19   
  

 

 

    

 

 

 

Diluted

   $ 0.33       $ 0.19