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Net Income Per Share (Tables)
9 Months Ended
Mar. 31, 2018
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 nine months ended March 31, 2018 and 2017 are as follows:
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
2018
 
2017
 
2018
 
2017
 
(Dollars and Shares in Thousands, Except per Share Data)
Net income
$
37,835

 
$
35,834

 
$
110,668

 
$
107,845

 
 
 
 
 
 
 
 
Weighted average shares outstanding
71,828

 
75,676

 
72,402

 
77,221

 
 
 
 
 
 
 
 
Dilutive impact from:
 

 
 

 
 

 
 

Share-based payment awards
835

 
506

 
734

 
431

Dilutive weighted average shares outstanding
72,663

 
76,182

 
73,136

 
77,652

 
 
 
 
 
 
 
 
Income per share
 

 
 

 
 

 
 

Basic
$
0.53

 
$
0.47

 
$
1.53

 
$
1.40

Dilutive
$
0.52

 
$
0.47

 
$
1.51

 
$
1.39

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 March 31, 2018 and 2017:
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
2018
 
2017
 
2018
 
2017
 
(Shares in Thousands)
Employee equity awards
240

 
43

 
445

 
722