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Earnings Per Share (Tables)
 3 Months Ended
Sep. 30, 2021
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

 

 

 

September 30,

 

 

 

2021

 

 

2020

 

Net income

 

$

88,109

 

 

$

93,644

 

Weighted-average number of basic shares outstanding during the period

 

 

23,560

 

 

 

25,099

 

Dilutive effect of RSUs after application of treasury stock method

 

 

284

 

 

 

387

 

Weighted-average number of diluted shares outstanding during the period

 

 

23,844

 

 

 

25,486

 

Basic earnings per share

 

$

3.74

 

 

$

3.73

 

Diluted earnings per share

 

$

3.70

 

 

$

3.67