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

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net income

 

$

90,299

 

 

$

106,478

 

 

$

178,408

 

 

$

200,122

 

Weighted-average number of basic shares outstanding

   during the period

 

 

23,399

 

 

 

25,225

 

 

 

23,480

 

 

 

25,162

 

Dilutive effect of RSUs after application of treasury

   stock method

 

 

199

 

 

 

226

 

 

 

242

 

 

 

307

 

Weighted-average number of diluted shares outstanding

   during the period

 

 

23,598

 

 

 

25,451

 

 

 

23,722

 

 

 

25,469

 

Basic earnings per share

 

$

3.86

 

 

$

4.22

 

 

$

7.60

 

 

$

7.95

 

Diluted earnings per share

 

$

3.83

 

 

$

4.18

 

 

$

7.52

 

 

$

7.86