Note 10: Earnings Per Share

12 Months Ended

Jun. 30, 2011

Earnings Per Share

Earnings Per Share [Text Block]

NOTE 10: EARNINGS PER SHARE

The following table reflects the reconciliation between basic and diluted net income per share:

	Year Ended June 30,
	2011	2010	2009
Net Income	$137,471	$117,870	$103,102
Common share information:
Weighted average shares outstanding for basic EPS	85,948	84,558	84,118
Dilutive effect of stock options and restricted stock	739	823	712
Shares for diluted EPS	86,687	85,381	84,830
Basic Earnings per Share	$      1.60	$      1.39	$      1.23
Diluted Earnings per Share	$      1.59	$      1.38	$      1.22

Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options and restricted stock have been included in the calculation of income per share to the extent they are dilutive. Stock options and restricted stock to purchase approximately 12 shares for fiscal 2011, 602 shares for fiscal 2010, and 1,267 shares for fiscal 2009, were not dilutive and therefore, were not included in the computations of diluted income per common share amounts.