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Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Calculation of basic and diluted earnings per share
Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data):
Year Ended June 30,
202320222021
Net income$384,735 $366,794 $457,443 
Weighted-average number of basic shares outstanding during the period23,19623,44624,705
Dilutive effect of RSUs after application of treasury stock method217231287
Weighted-average number of diluted shares outstanding during the period23,41323,67724,992
Basic earnings per share$16.59 $15.64 $18.52 
Diluted earnings per share$16.43 $15.49 $18.30