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Earnings Per Share (Text Block)
3 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE
The following table reflects the reconciliation between basic and diluted earnings per share:
 
Three Months Ended
 
September 30,
 
2012
 
2011
Net Income
$
42,475

 
$
36,475

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
86,109

 
86,403

Dilutive effect of stock options and restricted stock
496

 
731

Weighted average shares outstanding for diluted earnings per share
86,605

 
87,134

Basic earnings per share
$
0.49

 
$
0.42

Diluted earnings per share
$
0.49

 
$
0.42


Per share information is based on the weighted average number of common shares outstanding for the three-month periods ended September 30, 2012 and 2011. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. 32 anti-dilutive stock options and restricted stock were excluded from the computation of diluted earnings per share for the three-month period ended September 30, 2012 (89 shares were excluded from the computation for the three-month period ended September 30, 2011).