Weighted Average Shares Outstanding

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 2: Weighted Average Shares Outstanding

For the three and nine months ended March 31, 2014, outstanding stock options and restricted stock awards for an aggregate of 352,347 shares and 407,420 shares, respectively, (for the three and nine months ended March 31, 2013, outstanding stock options and restricted stock awards for an aggregate of 361,938 shares and 230,791 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,
	2014		2013		2014		2013
Basic weighted average shares outstanding		18,900,329		18,505,621		18,771,281		18,433,765
Dilutive effect of stock options and restricted shares		436,126		620,577		512,790		645,740
Diluted weighted average shares outstanding		19,336,455		19,126,198		19,284,071		19,079,505