Net Income Per Share (Tables)

9 Months Ended

Mar. 31, 2019

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, 2019 and 2018 are as follows:



	Three Months Ended March 31,				Nine Months Ended March 31,
	2019		2018		2019		2018
			As Adjusted				As Adjusted
	(Dollars and Shares in Thousands, Except per Share Data)
Net income	$	61,587	$	44,505	$	158,869	$	217,057

Weighted average shares outstanding	69,423		71,828		70,286		72,402

Dilutive impact from:
Employee equity awards	737		835		856		734
Dilutive weighted average shares outstanding	70,160		72,663		71,142		73,136

Income per share
Basic	$	0.89	$	0.62	$	2.26	$	3.00
Dilutive	$	0.88	$	0.61	$	2.23	$	2.97

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, 2019 and 2018:



	Three Months Ended March 31,		Nine Months Ended March 31,
	2019	2018	2019	2018
	(Shares in Thousands)
Employee equity awards	803	240	803	445