Earnings per Share (Tables)

12 Months Ended

Jun. 30, 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):

	Year Ended June 30,
	2024		2023		2022
Numerator:
Net income (loss):
Continuing operations	$	137,713	$	101,752	$	(35,955)
Discontinued operations		(936)		(8,394)		346,946
Net income	$	136,777	$	93,358	$	310,991
Denominator:
Weighted-average basic shares outstanding		39,413		44,781		48,388
Effect of dilutive stock awards		894		743		—
Effect of ASR		—		76		—
Weighted-average diluted shares outstanding		40,307		45,600		48,388
Earnings (loss) per share:
Basic:
Continuing operations	$	3.49	$	2.27	$	(0.74)
Discontinued operations	$	(0.02)	$	(0.19)	$	7.17
Total basic earnings per share	$	3.47	$	2.08	$	6.43
Diluted:
Continuing operations	$	3.42	$	2.23	$	(0.74)
Discontinued operations	$	(0.02)	$	(0.18)	$	7.17
Total diluted earnings per share	$	3.39	$	2.05	$	6.43
Weighted-average antidilutive shares		115		403		1,869