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Earnings Per Share
3 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

14.

Earnings Per Share

Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Net income

 

$

67,977

 

 

$

78,833

 

Weighted-average number of basic shares outstanding during the period

 

 

24,894

 

 

 

24,737

 

Dilutive effect of RSUs after application of treasury stock method

 

 

638

 

 

 

687

 

Weighted-average number of diluted shares outstanding during the period

 

 

25,532

 

 

 

25,424

 

Basic earnings per share

 

$

2.73

 

 

$

3.19

 

Diluted earnings per share

 

$

2.66

 

 

$

3.10