Net Income Per Common Share (Tables)

6 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Computation of basic and diluted net income per share

The following table shows the computation of basic and diluted net income per share for the three and six months ended December 31, 2015 (in thousands, except per share amounts):

	Three Months Ended December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
Numerator:
Net income	$	34,689	$	31,242	$	48,388	$	52,105
Denominator:
Weighted-average shares outstanding	47,651		46,131		47,584		45,802
Effect of dilutive securities	3,838		4,960		3,821		4,765
Weighted-average diluted shares	51,489		51,091		51,405		50,567
Basic net income per share	$	0.73	$	0.68	$	1.02	$	1.14
Diluted net income per share	$	0.67	$	0.61	$	0.94	$	1.03