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Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]        
Net Sales $ 827,665 $ 679,304 $ 2,175,553 $ 1,912,275
Cost of Sales 588,141 488,502 1,555,245 1,370,687
Gross Profit 239,524 190,802 620,308 541,588
Selling, Distribution and Administrative, including depreciation 183,080 145,134 465,312 414,645
Operating Income 56,444 45,668 154,996 126,943
Interest Expense, net 8,216 2,165 12,521 6,411
Other (Income) Expense, net (1,291) 154 (2,022) (54)
Income Before Income Taxes 49,519 43,349 144,497 120,586
Income Tax Expense 12,927 13,855 43,234 39,636
Net Income $ 36,592 $ 29,494 $ 101,263 $ 80,950
Net Income Per Share - Basic $ 0.95 $ 0.76 $ 2.61 $ 2.08
Net Income Per Share - Diluted 0.93 0.75 2.58 2.06
Cash dividends per common share $ 0.30 $ 0.29 $ 0.88 $ 0.85
Weighted average common shares outstanding for basic computation 38,674 38,999 38,775 39,009
Dilutive effect of potential common shares 612 463 497 375
Weighted average common shares outstanding for diluted computation 39,286 39,462 39,272 39,384