Earnings per share (Tables)

9 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per share

The following table presents a reconciliation of the numerator and denominator of basic and diluted earnings per share for the three and nine months ended March 31, 2019 and 2018.

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2019		2018		2019		2018
Numerator:
Net income attributable to common shareholders	$	411,248	$	365,989	$	1,098,696	$	707,545
Denominator:
Basic - weighted average common shares	128,706,137		133,032,431		130,476,355		133,107,321
Increase in weighted average common shares from dilutive effect of equity-based awards	2,178,831		2,735,849		2,022,021		2,554,064
Diluted - weighted average common shares, assuming exercise of equity-based awards	130,884,968		135,768,280		132,498,376		135,661,385
Basic earnings per share	$	3.20	$	2.75	$	8.42	$	5.32
Diluted earnings per share	$	3.14	$	2.70	$	8.29	$	5.22