XML 40 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

The following table sets forth the computation of earnings per share for the periods indicated. Weighted average shares issuable upon the exercises of stock options and the release of performance and restricted shares not included in the calculation because they were anti-dilutive totaled approximately 232,000 and 877,000 for the three months ended September 30, 2015 and 2014, respectively ($000 except per share data):

 

 

 

 

Three Months Ended

 

 

 

September 30,

 

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

17,214

 

 

$

12,302

 

Divided by:

 

 

 

 

 

 

 

 

Weighted average shares

 

 

61,223

 

 

 

61,508

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

$

0.28

 

 

$

0.20

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

17,214

 

 

$

12,302

 

Divided by:

 

 

 

 

 

 

 

 

Weighted average shares

 

 

61,223

 

 

 

61,508

 

Dilutive effect of common stock equivalents

 

 

1,506

 

 

 

1,281

 

Diluted weighted average common shares

 

 

62,729

 

 

 

62,789

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

$

0.27

 

 

$

0.20