EARNINGS PER SHARE

6 Months Ended

Dec. 31, 2016

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):



	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
Numerator:
Net income and comprehensive income	$	60,608	$	49,452	$	132,396	$	103,211
Denominator:
Weighted-average shares used in computing basic net income per share	82,169		84,724		81,990		85,893
Add—dilutive potential common shares:
Stock options(1)	1,611		1,281		1,766		1,291
Restricted stock units(1)	108		86		119		101
Weighted-average shares used in computing diluted net income per share	83,888		86,091		83,875		87,285
Net income per share of common stock:
Basic	$	0.74	$	0.58	$	1.61	$	1.20
Diluted	$	0.72	$	0.57	$	1.58	$	1.18

(1) Effective July 1, 2016, the Company early adopted ASU 2016-09 regarding the Improvements to Employee Share-Based Payment Accounting. During the three and six months ended December 31, 2016, the adoption increased the number of diluted stock options and restricted stock units by 654 thousand and 715 thousand shares, respectively.

The Company excludes potentially dilutive securities from its diluted net income per share calculation when their effect would be anti-dilutive to net income per share amounts. The following table summarizes the total potential shares of common stock that were excluded from the diluted per share calculation as including them would have been anti-dilutive for the period (in thousands):



	Three Months Ended December 31,		Six Months Ended December 31,
	2016	2015	2016	2015
Restricted stock units	—	22	—	1
	—	22	—	1