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Earnings Per Share (Text Block)
9 Months Ended
Mar. 31, 2014
Earnings Per Share, Basic and Diluted [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 March 31,
 
Nine Months Ended March 31,
 
2014
 
2013
 
2014
 
2013
Net Income
$
46,757

 
$
45,996

 
$
150,527

 
$
128,976

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
84,981

 
86,120

 
85,242

 
86,104

Dilutive effect of stock options and restricted stock
486

 
585

 
527

 
546

Weighted average shares outstanding for diluted earnings per share
85,467

 
86,705

 
85,769

 
86,650

Basic earnings per share
$
0.55

 
$
0.53

 
$
1.77

 
$
1.50

Diluted earnings per share
$
0.55

 
$
0.53

 
$
1.76

 
$
1.49


Per share information is based on the weighted average number of common shares outstanding for the three and nine month periods ended March 31, 2014 and 2013. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were no anti-dilutive stock options or restricted stock excluded for the three month period ended March 31, 2014 (no shares were excluded for the three month period ended March 31, 2013). There were 6 anti-dilutive stock options and restricted stock excluded from the computation of diluted earnings per share for the nine month period ended March 31, 2014 (155 shares were excluded for the nine month period ended March 31, 2013).