Net Income Per Common Share (Tables)

9 Months Ended

Mar. 31, 2016

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 nine months ended March 31, 2016 (in thousands, except per share amounts):

	Three Months Ended March 31,				Nine Months Ended March 31,
	2016		2015		2016		2015
Numerator:
Net income	$	16,662	$	23,056	$	65,050	$	75,161
Denominator:
Weighted-average shares outstanding	48,047		46,824		47,737		46,138
Effect of dilutive securities	4,191		5,184		3,900		4,964
Weighted-average diluted shares	52,238		52,008		51,637		51,102
Basic net income per share	$	0.35	$	0.49	$	1.36	$	1.63
Diluted net income per share	$	0.32	$	0.44	$	1.26	$	1.47