Net Earnings Per Share

6 Months Ended

Dec. 31, 2011

Net Earnings Per Share [Abstract]

Net Earnings Per Share

NOTE 6. NET EARNINGS PER SHARE

The following is the reconciliation of the weighted average number of shares outstanding (in thousands) used to calculate basic net EPS to those used to calculate diluted net EPS:

	Three Months Ended		Six Months Ended
	12/31/2011	12/31/2010	12/31/2011	12/31/2010
Basic	131,112	138,678	131,540	139,077
Dilutive effect of stock options and other	1,246	-	1,482	-
Diluted	132,358	138,678	133,022	139,077

During the three and six months ended December 31, 2011, the Company did not include stock options to purchase approximately 3.8 million shares and 1.9 million shares, respectively, of the Company's common stock in the calculations of diluted net EPS because their exercise price was greater than the average market price, making them anti-dilutive.

Since the Company experienced losses from continuing operations for both the three and six months ended December 31, 2010, no dilution was applied to the Company's basic weighted average shares outstanding for those periods, as to do so would have reduced the Company's reported losses per share from continuing operations for those periods.

Share repurchases under authorized programs were as follows:

	Three Months Ended						Six Months Ended
	12/31/2011			12/31/2010			12/31/2011			12/31/2010
	Amount		Shares (000)	Amount		Shares (000)	Amount		Shares (000)	Amount		Shares (000)
Open-market purchase programs	$	149	2,300	$	-	-	$	158	2,429	$	-	-
Evergreen Program		-	-		130	2,063		-	-		134	2,121
Total	$	149	2,300	$	130	2,063	$	158	2,429	$	134	2,121

The purpose of the Evergreen Program is to offset the impact of share dilution related to share-based awards.