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Net Income Per Share (Tables)
6 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of calculations of basic and diluted net income per share and basic and dilutive weighted average shares outstanding
The calculations of basic and diluted net income per share and basic and dilutive weighted average shares outstanding for the three and six months ended December 31, 2016 and 2015 are as follows:
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
 
2016
 
2015
 
2016
 
2015
 
(Dollars and Shares in Thousands, Except per Share Data)
Net income
$
37,010

 
$
36,683

 
$
72,011

 
$
73,454

 
 
 
 
 
 
 
 
Weighted average shares outstanding
76,905

 
83,315

 
77,977

 
83,596

 
 
 
 
 
 
 
 
Dilutive impact from:
 

 
 

 
 

 
 

Share-based payment awards
413

 
388

 
379

 
439

Dilutive weighted average shares outstanding
77,318

 
83,703

 
78,356

 
84,035

 
 
 
 
 
 
 
 
Income per share
 

 
 

 
 

 
 

Basic
$
0.48

 
$
0.44

 
$
0.92

 
$
0.88

Dilutive
$
0.48

 
$
0.44

 
$
0.92

 
$
0.87

Schedule of employee equity awards excluded from the calculation of dilutive weighted average shares outstanding
The following employee equity awards were excluded from the calculation of dilutive weighted average shares outstanding because their effect would be anti-dilutive as of December 31, 2016 and 2015:
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
 
2016
 
2015
 
2016
 
2015
 
(Shares in Thousands)
Employee equity awards
721

 
1,108

 
873

 
1,072