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Earnings Per Share Earnings Per Share (Text Block)
 9 Months Ended
Mar. 31, 2016
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 March 31,
 
Nine Months Ended March 31,
 
2016
 
2015
 
2016
 
2015
Net Income
$
53,883

 
$
50,712

 
$
164,597

 
$
150,679

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
78,805

 
80,880

 
79,608

 
81,502

Dilutive effect of stock options and restricted stock
362

 
214

 
283

 
271

Weighted average shares outstanding for diluted earnings per share
79,167

 
81,094

 
79,891

 
81,773

Basic earnings per share
$
0.68

 
$
0.63

 
$
2.07

 
$
1.85

Diluted earnings per share
$
0.68

 
$
0.63

 
$
2.06

 
$
1.84


Per share information is based on the weighted average number of common shares outstanding for the three and nine months ended March 31, 2016 and 2015. 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 and restricted stock shares excluded for the three month period ended March 31, 2016. 112 shares were excluded for the three month period ended March 31, 2015. For the nine months ended March 31, 2016, there were no anti-dilutive stock options and restricted stock shares excluded, and there were 83 excluded for the nine months ended March 31, 2015.