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Earnings Per Share Earnings Per Share (Text Block)
 3 Months Ended
Sep. 30, 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 September 30,
 
2016
 
2015
Net Income
$
62,244

 
$
51,366

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
78,413

 
80,545

Dilutive effect of stock options and restricted stock
431

 
190

Weighted average shares outstanding for diluted earnings per share
78,844

 
80,735

Basic earnings per share
$
0.79

 
$
0.64

Diluted earnings per share
$
0.79

 
$
0.64


Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 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 32 anti-dilutive stock options and restricted stock shares excluded for the three month period ended September 30, 2016. 26 shares were excluded for the three month period ended September 30, 2015.