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Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 2020
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.
Year Ended June 30,
 202020192018
Net Income$296,668 $271,885 $365,034 
Common share information:
Weighted average shares outstanding for basic earnings per share76,787 77,160 77,252 
Dilutive effect of stock options, restricted stock units, and restricted stock147 187 333 
Weighted average shares outstanding for diluted earnings per share76,934 77,347 77,585 
Basic earnings per share$3.86 $3.52 $4.73 
Diluted earnings per share$3.86 $3.52 $4.70 
Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options, restricted stock units, and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. The two-class method for computing EPS has not been applied because no outstanding awards contain non-forfeitable rights to participate in dividends. There were 2 anti-dilutive weighted average shares excluded from the weighted average shares outstanding for diluted earnings per share for fiscal 2020, no shares were excluded for fiscal 2019, and 41 shares were excluded for fiscal 2018.