Earnings Per Share

6 Months Ended

Dec. 31, 2022

Note 9 – 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,
	2022		2021		2022		2021
Net income	$	87,101	$	90,299	$	176,226	$	178,408
Weighted-average number of basic shares outstanding during the period		23,506		23,399		23,463		23,480
Dilutive effect of RSUs after application of treasury stock method		170		199		214		242
Weighted-average number of diluted shares outstanding during the period		23,676		23,598		23,677		23,722
Basic earnings per share	$	3.71	$	3.86	$	7.51	$	7.60
Diluted earnings per share	$	3.68	$	3.83	$	7.44	$	7.52