Earnings Per Share

12 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Note 8. Earnings Per Share

The following table sets forth the computation of earnings per share for the periods indicated. Weighted-average shares issuable upon the exercise of stock options that were not included in the calculation were 153,000, 576,000 and 507,000 for the fiscal years ended June 30, 2016, 2015 and 2014, respectively, because they were anti-dilutive.

Year Ended June 30,	2016		2015		2014
($000 except per share)
Earnings from continuing operations	$	65,486	$	65,975	$	38,316
Earnings from discontinued operation		-		-		133
Net earnings from continuing operations	$	65,486	$	65,975	$	38,449
Divided by:
Weighted average shares		61,366		61,219		62,248
Basic earnings per common share:
Continuing operations	$	1.07	$	1.08	$	0.62
Discontinued operation	$	-	$	-	$	-
Consolidated	$	1.07	$	1.08	$	0.62
Earnings from continuing operations	$	65,486	$	65,975	$	38,316
Earnings from discontinued operation		-		-		133
Net earnings from continuing operations	$	65,486	$	65,975	$	38,449
Divided by:
Weighted average shares		61,366		61,219		62,248
Dilutive effect of common stock equivalents		1,543		1,367		1,438
Diluted weighted average common shares		62,909		62,586		63,686
Diluted earnings per common share:
Continuing operations	$	1.04	$	1.05	$	0.60
Discontinued operation	$	-	$	-	$	-
Consolidated	$	1.04	$	1.05	$	0.60