Earnings Per Share

6 Months Ended

Dec. 31, 2011

Earnings Per Share [Text Block]

Note 5: Earnings Per Share

For the three and six months ended December 31, 2011, outstanding stock options and restricted stock awards for 310,966 and 362,490 shares (for the three and six months ended December 31, 2010, 1,316,888 and 1,711,206 shares) of the Company’s common stock were excluded from the calculation of diluted earnings per share because they were antidilutive.

The following table sets forth the reconciliation of basic weighted average shares outstanding and diluted weighted average shares outstanding for the periods presented:

	Three Months Ended December 31,				Six Months Ended December 31,
	2011		2010		2011		2010
Basic weighted average shares outstanding		17,930,226		17,596,321		17,864,990		17,554,229
Dilutive effect of stock options and restricted shares		701,257		396,348		638,319		307,966
Diluted weighted average shares outstanding		18,631,483		17,992,669		18,503,309		17,862,195