Earnings Per Share

3 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share are computed by dividing net income by the weighted-average number of common and potential common shares outstanding.

	Quarter ended
	September 30,
	2013		2012
	(in thousands, except per share data)
Numerator:
Net Income	$	19,437	$	17,642
Denominator:
Weighted-average shares, basic	28,034		27,618
Dilutive effect of share-based payments	223		283
Weighted-average shares, diluted	28,257		27,901
Net income per common share, basic	$	0.69	$	0.64
Net income per common share, diluted	$	0.69	$	0.63

For the quarter ended September 30, 2013 and 2012, weighted average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 751,435 and 1,058,235, respectively.