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Earnings Per Share Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 2014
Earnings Per Share, Basic and Diluted [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE
The following table reflects the reconciliation between basic and diluted earnings per share, as well as cash dividends paid per share:
 
Year Ended June 30,
 
2014
 
2013
 
2012
Net Income
$
201,136

 
$
176,645

 
$
154,984

Common share information:
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
84,866

 
86,040

 
86,599

Dilutive effect of stock options and restricted stock
530

 
579

 
688

Weighted average shares outstanding for diluted earnings per share
85,396

 
86,619

 
87,287

Basic earnings per share
$
2.37

 
$
2.05

 
$
1.79

Diluted earnings per share
$
2.36

 
$
2.04

 
$
1.78


Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 24 anti-dilutive stock options and restricted stock excluded from the computation of diluted earnings per share for fiscal 2014, with no shares excluded for fiscal 2013 and no shares excluded for fiscal 2012.