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Earnings Per Share (Tables)
 9 Months Ended
Mar. 31, 2017
Earnings Per Share  
Earnings Per Share Computation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

March 31, 

 

March 31, 

 

 

    

2017

    

2016

    

2017

    

2016

 

Numerator:

    

 

 

    

 

 

    

 

 

    

 

 

 

Net income available to common
shareholders—basic and diluted

 

$

10,754

 

$

3,783

 

$

22,878

 

$

8,873

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of
common shares outstanding—basic

 

 

77,696

 

 

77,452

 

 

77,583

 

 

71,076

 

Effect of unvested restricted stock and restricted stock units *

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Weighted average number of
common shares outstanding—diluted

 

 

77,696

 

 

77,452

 

 

77,583

 

 

71,076

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.14

 

$

0.05

 

$

0.29

 

$

0.12

 

Dilutive earnings per common share

 

$

0.14

 

$

0.05

 

$

0.29

 

$

0.12

 

 

* The effect of unvested restricted stock and restricted stock units for the three and nine months ended March 31, 2017 was not material.