Net Income Per Common Share (Tables)

6 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of basic and diluted using the two-class method is as follows (in thousands, except per share amounts):

	Three Months Ended December 31,					Six Months Ended December 31,
	2014		2013			2014		2013
Basic net income per common share calculation
Net income	$	31,242	$	13,335		$	52,105	$	21,034
Less: Undistributed earnings allocated to participating securities	—		(1		)	—		(28		)
Net income attributable to common shares—basic	$	31,242	$	13,334		$	52,105	$	21,006
Weighted-average number of common shares used to compute basic net income per common share	46,131		42,915			45,802		42,706
Basic net income per common share	$	0.68	$	0.31		$	1.14	$	0.49
Diluted net income per common share calculation
Net income	$	31,242	$	13,335		$	52,105	$	21,034
Less: Undistributed earnings allocated to participating securities	—		(1		)	—		(26		)
Net income attributable to common shares—diluted	$	31,242	$	13,334		$	52,105	$	21,008
Weighted-average number of common shares used to compute basic net income per common share	46,131		42,915			45,802		42,706
Dilutive effect of options to purchase common stock	4,960		2,124			4,765		2,346
Weighted-average number of common shares used to compute diluted net income per common share	51,091		45,039			50,567		45,052
Diluted net income per common share	$	0.61	$	0.30		$	1.03	$	0.47