Net Income Per Common Share

3 Months Ended

Sep. 30, 2011

Net Income Per Common Share

(3)  Net Income Per Common Share

Basic income per common share is based on the weighted average number of common shares outstanding during the period.  Diluted income per common share includes the dilutive effect of potential common shares outstanding.  The following table sets forth the reconciliation of weighted average shares outstanding and diluted weighted average shares outstanding:

	Three months ended September 30,
	2011		2010
Weighted average shares outstanding		26,476	25,329
Dilutive effect of stock options and restricted stock awards and units		159	177
Diluted weighted average shares outstanding		26,635	25,506

There were 1,779 and 1,513 common equivalent shares outstanding as of September 30, 2011 and 2010, respectively, that were not included in the calculation of diluted income per common share for the three months ended September 30, 2011 and 2010, respectively, because their effect would have been anti-dilutive.