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


	Three months ended December 31,				Six months ended December 31,
	2012		2011		2012		2011
Numerator:
Net income	$	445	$	506	$	891	$	689


Denominator:
Denominator for basic earnings per share - weighted average shares		15,824		14,899		15,733		14,887
Effect of dilutive securities		923		1,252		848		1,324

Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversions		16,747		16,151		16,581		16,211

Basic earnings per share	$	0.03	$	0.03	$	0.06	$	0.05

Diluted earnings per share	$	0.03	$	0.03	$	0.05	$	0.04