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Weighted Average Shares Outstanding
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 2: Weighted Average Shares Outstanding


For the three months ended September 30, 2013 and 2012, outstanding stock options and restricted stock awards for 362,812 shares and 132,013 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 September 30,  
    2013     2012  
Basic weighted average shares outstanding     18,614,648       18,341,320  
Dilutive effect of stock options and and restricted shares     639,063       705,784  
Diluted weighted average shares  outstanding     19,253,711       19,047,104