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Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share of Common Stock Outstanding

The following table presents the calculation of basic and diluted earnings per share of common stock outstanding:

 

     Three Months Ended September 30,  
     2013      2012  
     Basic      Diluted      Basic      Diluted  

Numerator for Basic and Diluted Earnings per Share:

           

Net income

   $ 46,452       $ 46,452       $ 54,555       $ 54,555   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for Basic and Diluted Earnings per Share:

           

Weighted average shares outstanding

     69,547         69,547         68,682         68,682   

Employee stock options

     0         824         0         789   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total weighted average shares outstanding

     69,547         70,371         68,682         69,471   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per Share:

           

Earnings per share

   $ 0.67       $ 0.66       $ 0.79       $ 0.79