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Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Calculation of basic and diluted 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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income

 

$

95,417

 

 

$

120,344

 

 

$

273,825

 

 

$

320,466

 

Weighted-average number of basic shares outstanding

   during the period

 

 

23,409

 

 

 

24,935

 

 

 

23,457

 

 

 

25,026

 

Dilutive effect of RSUs after application of treasury

   stock method

 

 

207

 

 

 

231

 

 

 

230

 

 

 

281

 

Weighted-average number of diluted shares outstanding

   during the period

 

 

23,616

 

 

 

25,166

 

 

 

23,687

 

 

 

25,307

 

Basic earnings per share

 

$

4.08

 

 

$

4.83

 

 

$

11.67

 

 

$

12.81

 

Diluted earnings per share

 

$

4.04

 

 

$

4.78

 

 

$

11.56

 

 

$

12.66