Earnings Per Share

9 Months Ended

Mar. 31, 2021

15.	Earnings Per Share

Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2021		2020		2021		2020
Net income	$	120,344	$	80,577	$	320,466	$	227,749
Weighted-average number of basic shares outstanding during the period		24,935		25,078		25,026		25,012
Dilutive effect of RSUs after application of treasury stock method		231		400		281		469
Weighted-average number of diluted shares outstanding during the period		25,166		25,478		25,307		25,481
Basic earnings per share	$	4.83	$	3.21	$	12.81	$	9.11
Diluted earnings per share	$	4.78	$	3.16	$	12.66	$	8.94