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Earnings Per Share Earnings Per Share (Text Block)
3 Months Ended
Sep. 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:
 
Three Months Ended September 30,
 
2014
 
2013
Net Income
$
46,088

 
$
43,221

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
82,195

 
85,294

Dilutive effect of stock options and restricted stock
394

 
560

Weighted average shares outstanding for diluted earnings per share
82,589

 
85,854

Basic earnings per share
$
0.56

 
$
0.51

Diluted earnings per share
$
0.56

 
$
0.50


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 78 anti-dilutive restricted shares excluded for the three months ended September 30, 2014 (18 restricted shares were excluded for the three months ended September 30, 2013).