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NET EARNINGS PER SHARE (EPS)
6 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
NET EARNINGS PER SHARE (EPS)
NET EARNINGS PER SHARE (EPS)
The following is a reconciliation of the weighted average number of shares outstanding (in thousands) used to calculate basic net EPS to those used to calculate diluted net EPS:
 
Three Months Ended
 
Six Months Ended
 
12/31/2016
 
12/31/2015
 
12/31/2016
 
12/31/2015
Basic
128,497

 
129,543

 
128,973

 
129,349

Dilutive effect of stock options and other
2,278

 
2,003

 
2,433

 
2,128

Diluted
130,775

 
131,546

 
131,406

 
131,477

 
 
 
 
 
 
 
 
Antidilutive stock options and other
1,335

 

 
39

 



The Company has two share repurchase programs: an open-market purchase program with an authorized aggregate purchase amount of up to $750, all of which was available for share repurchases as of December 31, 2016, and a program to offset the anticipated impact of share dilution related to share-based awards (the Evergreen Program), which has no authorization limit as to amount or timing of repurchases.
Share repurchases under authorized programs during the three and six months ended December 31, 2016 were as follows:
 
Three Months Ended
 
Six Months Ended
 
12/31/2016
 
12/31/2015
 
12/31/2016
 
12/31/2015
 
Amount
 
Shares (in 000's)
 
Amount
 
Shares (in 000's)
 
Amount
 
Shares (in 000's)
 
Amount
 
Shares (in 000's)
Open-market purchase programs
$

 

 
$

 

 
$

 

 
$

 

Evergreen Program
70

 
572

 
32

 
262

 
183

 
1,455

 
144

 
1,268

Total
$
70

 
572

 
$
32

 
262

 
$
183

 
1,455

 
$
144

 
1,268