Earnings per share (Tables)

3 Months Ended

Sep. 30, 2019

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 months ended September 30, 2019 and 2018.



	Three Months Ended
	September 30,
	2019		2018
Numerator:
Net income attributable to common shareholders	$	338,898	$	375,711
Denominator:
Basic - weighted average common shares	128,463,992		132,361,654
Increase in weighted average common shares from dilutive effect of equity-based awards	1,666,084		2,302,842
Diluted - weighted average common shares, assuming exercise of equity-based awards	130,130,076		134,664,496
Basic earnings per share	$	2.64	$	2.84
Diluted earnings per share	$	2.60	$	2.79