Net Income Per Share (Tables)

6 Months Ended

Dec. 31, 2021

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, 2021 and 2020 are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2021		2020		2021		2020
	(Dollars and Shares in Thousands,  Except per Share Data)
Net income	$	61,864	$	129,152	$	101,263	$	161,863
Weighted average shares outstanding	66,775		67,780		66,888		67,754
Dilutive impact from:
Employee equity awards	474		620		449		606
Dilutive weighted average shares outstanding	67,249		68,400		67,337		68,360
Income per share
Basic	$	0.93	$	1.91	$	1.51	$	2.39
Dilutive	$	0.92	$	1.89	$	1.50	$	2.37

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, 2021 and 2020:

	Three Months Ended December 31,		Six Months Ended December 31,
	2021	2020	2021	2020
	(Shares in Thousands)
Employee equity awards	529	943	618	1,063