Year ended June 30

2010

2011

2012

Numerator:

Net income

$

4,072

$

2,881

$

1,655

Denominator:

Denominator for basic earnings per share–weighted average shares

16,622

15,100

15,163

Effect of dilutive securities

927

986

830

Denominator for diluted earnings per share–adjusted weighted average shares and assumed conversion

17,549

16,086

15,993

Basic earnings per share

$

0.24

$

0.19

$

0.11

Diluted earnings per share

$

0.23

$

0.18

$

0.10