Net Income Per Share (Tables)

6 Months Ended

Dec. 31, 2017

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, 2017 and 2016 are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2017		2016		2017		2016
	(Dollars and Shares in Thousands, Except per Share Data)
Net income	$	38,078	$	37,010	$	72,833	$	72,011
Weighted average shares outstanding	72,342		76,905		72,683		77,977
Dilutive impact from:
Share-based payment awards	694		413		650		379
Dilutive weighted average shares outstanding	73,036		77,318		73,333		78,356
Income per share
Basic	$	0.53	$	0.48	$	1.00	$	0.92
Dilutive	$	0.52	$	0.48	$	0.99	$	0.92

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, 2017 and 2016:

	Three Months Ended December 31,		Six Months Ended December 31,
	2017	2016	2017	2016
	(Shares in Thousands)
Employee equity awards	388	721	664	873