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Earnings Per Share Earnings Per Share (Text Block)
3 Months Ended
Sep. 30, 2017
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,
 
2017
 
2016
Net Income
$
63,411

 
$
62,244

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
77,283

 
78,413

Dilutive effect of stock options and restricted stock
363

 
431

Weighted average shares outstanding for diluted earnings per share
77,646

 
78,844

Basic earnings per share
$
0.82

 
$
0.79

Diluted earnings per share
$
0.82

 
$
0.79


Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2017 and 2016. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 0 anti-dilutive stock options and restricted stock shares excluded for the three month period ended September 30, 2017 and 32 shares excluded for the three month period ended September 30, 2016.