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Net Income Per Share (Tables)
6 Months Ended
Dec. 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 six months ended December 31, 2018 and 2017 are as follows:
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
 
2018
 
2017
 
2018
 
2017
 
 
 
As Adjusted
 
 
 
As Adjusted
 
(Dollars and Shares in Thousands, Except per Share Data)
Net income
$
59,217

 
$
132,032

 
$
97,282

 
$
172,552

 
 
 
 
 
 
 
 
Weighted average shares outstanding
70,428

 
72,342

 
70,708

 
72,683

 
 
 
 
 
 
 
 
Dilutive impact from:
 

 
 

 
 

 
 

Employee equity awards

720

 
694

 
892

 
650

Dilutive weighted average shares outstanding
71,148

 
73,036

 
71,600

 
73,333

 
 
 
 
 
 
 
 
Income per share
 

 
 

 
 

 
 

Basic
$
0.84

 
$
1.83

 
$
1.38

 
$
2.37

Dilutive
$
0.83

 
$
1.81

 
$
1.36

 
$
2.35

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, 2018 and 2017:
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
 
2018
 
2017
 
2018
 
2017
 
(Shares in Thousands)
Employee equity awards
867

 
388

 
812

 
664