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EARNINGS PER SHARE: (Tables)
3 Months Ended
Sep. 30, 2013
EARNINGS PER SHARE:  
Reconciliation of the net (loss) income available to common shareholders and the net (loss) income for diluted earnings per share

 

 

 

 

For the Three Months
Ended September 30,

 

 

 

2013

 

2012

 

 

 

(Dollars in thousands)

 

Net (loss) income from continuing operations available to common shareholders

 

$

(136

)

$

34,647

 

Effect of dilutive securities:

 

 

 

 

 

Interest on convertible debt, net of taxes

 

 

2,130

 

Net (loss) income from continuing operations for diluted earnings per share

 

$

(136

)

$

36,777

 

Reconciliation of shares used in the computation of basic and diluted earnings per share

 

 

 

 

For the Three Months
Ended September 30,

 

 

 

2013

 

2012

 

 

 

(Shares in thousands)

 

Weighted average shares for basic earnings per share

 

56,393

 

57,283

 

Effect of dilutive securities:

 

 

 

 

 

Dilutive effect of stock-based compensation (1)

 

 

67

 

Dilutive effect of convertible debt

 

 

11,239

 

Weighted average shares for diluted earnings per share

 

56,393

 

68,589

 

 

 

(1)   For the three months ended September 30, 2013, 132,392, common stock equivalents of potentially dilutive common stock were not included in the diluted earnings per share calculation due to the net loss from continuing operations.