Net Income Per Share

12 Months Ended

Jun. 30, 2013

Net Income Per Share [Abstract]

Net Income Per Share

NOTE 2. Net Income Per Share

     Basic net income per share is computed by dividing the net income by the weighted average shares of the Company's outstanding Common Stock. The calculation of net income per diluted share is similar to basic income per share except that the denominator includes potentially dilutive Common Stock, such as stock options and non-vested restricted stock and restricted stock units. The following table represents the computation of net income per share:

		Year Ended June 30,
(Amounts in thousands, except per share data)		2013		2012		2011
Basic
Net income	$	40,711	$	57,419	$	40,989
Weighted average shares outstanding		29,672		29,115		27,843
Net income per basic share	$	1.37	$	1.97	$	1.47
Diluted
Net income	$	40,711	$	57,419	$	40,989
Weighted average basic shares outstanding		29,672		29,115		27,843
Potential common shares - treasury method		867		996		1,165
Weighted average shares and potential diluted shares		30,539		30,111		29,008
Net income per diluted share	$	1.33	$	1.91	$	1.41

     The following table shows the number of shares of Common Stock subject to options and restricted stock and restricted stock unit awards that were outstanding for the years ended June 30, 2013, 2012 and 2011, which were not included in the net income per diluted share calculation because to do so would have been anti-dilutive:

	Year Ended June 30,
	2013	2012	2011
Number of shares	90,100	--	30,000