Earnings Per Share

9 Months Ended

Mar. 31, 2020

15.	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				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Net income	$	80,577	$	68,145	$	227,749	$	215,574
Weighted-average number of basic shares outstanding during the period		25,078		24,866		25,012		24,819
Dilutive effect of RSUs after application of treasury stock method		400		482		469		550
Weighted-average number of diluted shares outstanding during the period		25,478		25,348		25,481		25,369
Basic earnings per share	$	3.21	$	2.74	$	9.11	$	8.69
Diluted earnings per share	$	3.16	$	2.69	$	8.94	$	8.50