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Earnings per share
3 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings per share 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, 2024 and 2023.
Three Months Ended
September 30,
 20242023
Numerator:
Net income attributable to common shareholders$698,420 $650,827 
Denominator:
Basic - weighted average common shares128,663,088 128,472,550 
Increase in weighted average common shares from dilutive effect of equity-based awards2,017,154 1,890,891 
Diluted - weighted average common shares, assuming exercise of equity-based awards130,680,242 130,363,441 
Basic earnings per share$5.43 $5.07 
Diluted earnings per share$5.34 $4.99 
For the three months ended September 30, 2024 and 2023, 181,051 and 172,255 common shares subject to equity-based awards, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.