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Earnings Per Share (Text Block)
 3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE
The following table reflects the reconciliation between basic and diluted earnings per share:
 
Three Months Ended September 30,
 
2013
 
2012
Net Income
$
49,788

 
$
42,475

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
85,294

 
86,109

Dilutive effect of stock options and restricted stock
560

 
496

Weighted average shares outstanding for diluted earnings per share
85,854

 
86,605

Basic earnings per share
$
0.58

 
$
0.49

Diluted earnings per share
$
0.58

 
$
0.49


Per share information is based on the weighted average number of common shares outstanding for the three month periods ended September 30, 2013 and 2012. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. 18 anti-dilutive stock options and restricted stock were excluded from the computation of diluted earnings per share for the three month period ended September 30, 2013 (32 shares were excluded for the three month period ended September 30, 2012).