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Earnings Per Share
12 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
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 equity-based awards. The reconciliation of the numerator and denominator of basic and diluted earnings per share was as follows:
202420232022
Numerator:
Net income attributable to common shareholders$2,844,215 $2,082,936 $1,315,605 
Denominator:
Basic - weighted-average common shares128,507,352 128,367,842 128,539,387 
Increase in weighted-average common shares from dilutive effect of equity-based awards1,732,385 1,454,243 1,816,556 
Diluted - weighted-average common shares, assuming exercise of equity-based awards130,239,737 129,822,085 130,355,943 
Basic earnings per share$22.13 $16.23 $10.24 
Diluted earnings per share$21.84 $16.04 $10.09 

For 2024, 2023 and 2022, 0.4 million, 1.0 million and 0.4 million common shares, respectively, subject to equity-based awards were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.