Earnings Per Share

9 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Note  10. Earnings Per Share

The following table sets forth the computation of earnings per share for the periods indicated. Weighted average shares issuable upon the exercises of stock options and the release of performance and restricted shares not included in the calculation because they were anti-dilutive totaled approximately 334,000 and 729,000 for the three and nine months ended March 31, 2015, respectively, and 542,000 and 433,000 for the three and nine months ended March 31, 2014, respectively ($000 except per share data):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2015		2014		2015		2014
Earnings from continuing operations	$	14,508	$	8,531	$	48,906	$	25,661
Earnings from discontinued operation		-		-		-		133
Net earnings	$	14,508	$	8,531	$	48,906	$	25,794
Divided by:
Weighted average shares		61,082		62,355		61,319		62,426
Basic earnings per common share:
Continuing operations	$	0.24	$	0.14	$	0.80	$	0.41
Discontinued operation	$	-	$	-	$	-	$	-
Consolidated	$	0.24	$	0.14	$	0.80	$	0.41
Earnings from continuing operations	$	14,508	$	8,531	$	48,906	$	25,661
Earnings from discontinued operation		-		-		-		133
Net earnings	$	14,508	$	8,531	$	48,906	$	25,794
Divided by:
Weighted average shares		61,082		62,355		61,319		62,426
Dilutive effect of common stock equivalents		1,431		1,391		1,286		1,444
Diluted weighted average common shares		62,513		63,746		62,605		63,870
Diluted earnings per common share:
Continuing operations	$	0.23	$	0.13	$	0.78	$	0.40
Discontinued operation	$	-	$	-	$	-	$	-
Consolidated	$	0.23	$	0.13	$	0.78	$	0.40