Years ended June 30,

2012

2011

2010

(in thousands, except share and per share amounts)

Net earnings

$

8,903

$

10,907

$

11,127

Weighted average number of common shares outstanding assuming no exercise of outstanding options

10,419,961

10,303,151

10,197,178

Dilutive stock options using the treasury stock method

9,398

97,438

106,792

Dilutive common shares outstanding

10,429,359

10,400,589

10,303,970

Basic earnings per common share

$

0.85

$

1.06

$

1.09

Diluted earnings per common share

$

0.85

$

1.05

$

1.08