Earnings Per Share

3 Months Ended

Sep. 30, 2011

Note 11.

Earnings Per Share

The following table sets forth the computation of earnings per share attributable to II-VI Incorporated for the periods indicated. Weighted average shares issuable upon the exercises of stock options that were not included in the calculation were approximately 124,000 and 524,000 for the three months ended September 30, 2011 and 2010, respectively, because they were anti-dilutive (000 except per share data):


	Three Months Ended September 30,
	2011		2010
Net earnings attributable to II-VI Incorporated	$	18,579	$	18,367
Divided by:
Weighted average shares		62,698		61,808


Basic earnings attributable to II-VI Incorporated per common share	$	0.30	$	0.30

Net earnings attributable to II-VI Incorporated	$	18,579	$	18,367
Divided by:
Weighted average shares		62,698		61,808
Dilutive effect of common stock equivalents		1,367		1,480

Diluted weighted average common shares		64,065		63,288


Diluted earnings attributable to II-VI Incorporated per common share	$	0.29	$	0.29