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Earnings Per Share (Text Block)
9 Months Ended
Mar. 31, 2013
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
 
Nine Months Ended
 
March 31,
 
March 31,
 
2013
 
2012
 
2013
 
2012
Net Income
$
45,996

 
$
36,657

 
$
128,976

 
$
111,657

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
86,120

 
86,824

 
86,104

 
86,600

Dilutive effect of stock options and restricted stock
585

 
768

 
546

 
766

Weighted average shares outstanding for diluted earnings per share
86,705

 
87,592

 
86,650

 
87,366

Basic earnings per share
$
0.53

 
$
0.42

 
$
1.50

 
$
1.29

Diluted earnings per share
$
0.53

 
$
0.42

 
$
1.49

 
$
1.28


Per share information is based on the weighted average number of common shares outstanding for the three and nine-month periods ended March 31, 2013 and 2012. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 1 anti-dilutive stock options or restricted stock excluded for the three month period ended March 31, 2013 (no shares were excluded for the three month period ended March 31, 2012). 155 anti-dilutive stock options and restricted stock were excluded from the computation of diluted earnings per share for the nine-month period ended March 31, 2013 (no shares were excluded for the nine-month period ended March 31, 2012).