EARNINGS PER SHARE

12 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

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

	Years Ended June 30,
	2019		2018		2017
Numerator:
Net Income	$	322,694	$	196,290	$	257,506
Denominator:
Weighted-average shares used in computing basic net income per share	71,435		77,179		81,478
Add—dilutive potential common shares:
Stock options	87		1,074		1,670
Restricted stock units	80		78		104
Weighted-average shares used in computing diluted net income per share	71,602		78,331		83,252
Net income per share of common stock:
Basic	$	4.52	$	2.54	$	3.16
Diluted	$	4.51	$	2.51	$	3.09

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, because to include them would have been anti-dilutive for the period (in thousands):

	Years Ended June 30,
	2019	2018	2017
Restricted stock units	—	2	18