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Earnings Per Share
3 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

Note 9 – 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

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Net income

 

$

89,125

 

 

$

88,109

 

Weighted-average number of basic shares outstanding during the period

 

 

23,420

 

 

 

23,560

 

Dilutive effect of RSUs after application of treasury stock method

 

 

258

 

 

 

284

 

Weighted-average number of diluted shares outstanding during the period

 

 

23,678

 

 

 

23,844

 

Basic earnings per share

 

$

3.81

 

 

$

3.74

 

Diluted earnings per share

 

$

3.76

 

 

$

3.70