Earnings per Share (Tables)

9 Months Ended

Mar. 31, 2024

Earnings per Share

Schedule of earnings per share

The following table sets forth the computations of basic and diluted earnings per share and antidilutive shares (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Numerator:
Net income (loss):
Continuing operations	$	37,441	$	48,563	$	87,113	$	78,202
Discontinued operations		(620)		(2,694)		245		(7,088)
Net income	$	36,821	$	45,869	$	87,358	$	71,114
Denominator:
Weighted-average basic shares outstanding		38,713		45,125		40,000		45,276
Effect of dilutive stock awards		923		676		874		711
Effect of ASR		—		—		—		102
Weighted-average diluted shares outstanding		39,636		45,801		40,874		46,089
Earnings (loss) per share:
Basic:
Continuing operations	$	0.97	$	1.08	$	2.18	$	1.73
Discontinued operations	$	(0.02)	$	(0.06)	$	0.01	$	(0.16)
Total basic earnings per share	$	0.95	$	1.02	$	2.18	$	1.57
Diluted:
Continuing operations	$	0.94	$	1.06	$	2.13	$	1.70
Discontinued operations	$	(0.02)	$	(0.06)	$	0.01	$	(0.15)
Total diluted earnings per share	$	0.93	$	1.00	$	2.14	$	1.54
Weighted-average antidilutive shares		2		429		141		424