Earnings Per Share (Tables)

3 Months Ended

Sep. 30, 2012

Computation of Basic and Diluted Earnings Per Share from Operations

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Three months ended September 30,
	2012		2011
Numerator:
Net income	$	446	$	183
Denominator:
Denominator for basic earnings per share – weighted average shares		15,642		14,876
Effect of dilutive securities		928		1,236
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions		16,570		16,112
Basic earnings per share	$	0.03	$	0.01
Diluted earnings per share	$	0.03	$	0.01