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Earnings Per Share (Tables)
 12 Months Ended
Jun. 30, 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):

 

 

 

Year Ended June 30,

 

 

 

2022

 

 

2021

 

 

2020

 

Net income

 

$

366,794

 

 

$

457,443

 

 

$

321,480

 

Weighted-average number of basic shares outstanding

   during the period

 

 

23,446

 

 

 

24,705

 

 

 

25,031

 

Dilutive effect of RSUs after application of treasury stock method

 

 

231

 

 

 

287

 

 

 

454

 

Weighted-average number of diluted shares outstanding

   during the period

 

 

23,677

 

 

 

24,992

 

 

 

25,485

 

Basic earnings per share

 

$

15.64

 

 

$

18.52

 

 

$

12.84

 

Diluted earnings per share

 

$

15.49

 

 

$

18.30

 

 

$

12.61