Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Text Block]

Note 2: Earnings Per Share

For the three and nine months ended March 31, 2013, outstanding stock options and restricted stock awards for 361,938 shares and 230,791 shares, respectively, (for the three and nine months ended March 31, 2012, outstanding stock options and restricted stock awards for 32,378 shares and 270,143 shares, respectively) 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 March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
Basic weighted average shares outstanding		18,505,621		18,116,470		18,433,765		17,947,928
Dilutive effect of stock options and and restricted shares		620,577		766,681		645,740		692,166
Diluted weighted average shares outstanding		19,126,198		18,883,151		19,079,505		18,640,094