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NET EARNINGS PER SHARE (EPS)
9 Months Ended
Mar. 31, 2017
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
 
Nine Months Ended
 
3/31/2017
 
3/31/2016
 
3/31/2017
 
3/31/2016
Basic
128,752
 
129,690
 
128,899
 
129,463
Dilutive effect of stock options and other
2,610
 
1,957
 
2,500
 
2,189
Diluted
131,362
 
131,647
 
131,399
 
131,652
 
 
 
 
 
 
 
 
Antidilutive stock options and other
5
 
14
 
44
 
40


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 March 31, 2017, 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 nine months ended March 31, 2017 and 2016 were as follows:

Three Months Ended

Nine Months Ended

3/31/2017

3/31/2016

3/31/2017

3/31/2016

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




74


595


183


1,455


218


1,863

Total
$




$
74


595


$
183


1,455


$
218


1,863