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Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2019
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):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net income

 

$

79,195

 

 

$

68,596

 

 

$

147,172

 

 

$

147,429

 

Weighted-average number of basic shares outstanding

   during the period

 

 

25,065

 

 

 

24,856

 

 

 

24,979

 

 

 

24,796

 

Dilutive effect of RSUs after application of treasury

   stock method

 

 

370

 

 

 

482

 

 

 

504

 

 

 

585

 

Weighted-average number of diluted shares outstanding

   during the period

 

 

25,435

 

 

 

25,338

 

 

 

25,483

 

 

 

25,381

 

Basic earnings per share

 

$

3.16

 

 

$

2.76

 

 

$

5.89

 

 

$

5.95

 

Diluted earnings per share

 

$

3.11

 

 

$

2.71

 

 

$

5.78

 

 

$

5.81