EARNINGS PER COMMON SHARE

12 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The following table presents the calculation of basic and diluted EPS:

	At June 30,
(Dollars in thousands, except per share data)	2020			2019			2018
Earnings Per Common Share
Net income	$	183,438		$	155,131		$	152,411
Preferred stock dividends	(309		)	(309		)	(309		)
Net income attributable to common shareholders	$	183,129		$	154,822		$	152,102
Average common shares issued and outstanding	60,794,555			61,898,447			63,058,854
Average unvested RSUs	—			—			77,378
Total qualifying shares	60,794,555			61,898,447			63,136,232
Earnings per common share	$	3.01		$	2.50		$	2.41
Diluted Earnings Per Common Share
Dilutive net income attributable to common shareholders	$	183,129		$	154,822		$	152,102
Average common shares issued and outstanding	60,794,555			61,898,447			63,136,232
Dilutive effect of average unvested RSUs	643,080			483,618			1,010,988
Total dilutive common shares outstanding	61,437,635			62,382,065			64,147,220
Diluted earnings per common share	$	2.98		$	2.48		$	2.37