Earnings Per Share (Notes)

12 Months Ended

Jun. 30, 2015

Basic earnings per share are computed using the weighted-average number of common shares outstanding during the year. Diluted earnings per share are computed using the weighted-average number of common shares and common share equivalents outstanding during the year. Common share equivalents represent the dilutive effect of outstanding stock-based awards. The computation of net income per share was as follows:



	2015		2014		2013
Numerator:
Net income attributable to common shareholders	$	1,012,140	$	1,041,048	$	948,427
Denominator:
Basic - weighted-average common shares	142,925,327		149,099,448		149,218,257
Increase in weighted-average common shares from dilutive effect of stock-based awards	2,186,823		2,344,655		2,369,774
Diluted - weighted-average common shares, assuming exercise of stock-based awards	145,112,150		151,444,103		151,588,031
Basic earnings per share	$	7.08	$	6.98	$	6.36
Diluted earnings per share	$	6.97	$	6.87	$	6.26

For 2015, 2014 and 2013, 1.1 million, 1.2 million and 1.3 million common shares, respectively, subject to stock-based awards were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.