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Earnings Per Share Earnings Per Share (Text Block)
6 Months Ended
Dec. 31, 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 December 31,
 
Six Months Ended December 31,
 
2017
 
2016
 
2017
 
2016
Net Income
$
155,574

 
$
58,814

 
$
218,985

 
$
121,058

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
77,218

 
77,814

 
77,250

 
78,114

Dilutive effect of stock options and restricted stock
347

 
366

 
356

 
398

Weighted average shares outstanding for diluted earnings per share
77,565

 
78,180

 
77,606

 
78,512

Basic earnings per share
$
2.01

 
$
0.76

 
$
2.83

 
$
1.55

Diluted earnings per share
$
2.01

 
$
0.75

 
$
2.82

 
$
1.54


Per share information is based on the weighted average number of common shares outstanding for the three and six months ended December 31, 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 no anti-dilutive stock options or restricted stock shares excluded for the quarter ended December 31, 2017, compared to 32 shares excluded for the quarter ended December 31, 2016. For the six months ended December 31, 2017 and 2016, respectively, there were 0 and 32 anti-dilutive securities excluded.