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Earnings Per Share Earnings Per Share (Text Block)
9 Months Ended
Mar. 31, 2015
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 March 31,
 
Nine Months Ended March 31,
 
2015
 
2014
 
2015
 
2014
Net Income
$
50,712

 
$
42,606

 
$
150,679

 
$
134,188

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
80,880

 
84,981

 
81,502

 
85,242

Dilutive effect of stock options and restricted stock
214

 
486

 
271

 
527

Weighted average shares outstanding for diluted earnings per share
81,094

 
85,467

 
81,773

 
85,769

Basic earnings per share
$
0.63

 
$
0.50

 
$
1.85

 
$
1.57

Diluted earnings per share
$
0.63

 
$
0.50

 
$
1.84

 
$
1.56


Per share information is based on the weighted average number of common shares outstanding for the three and nine months ended March 31, 2015 and 2014. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 112 anti-dilutive stock options or restricted stock excluded for the three month period ended March 31, 2015 (no  shares were excluded for the three month period ended March 31, 2014).  There were 83 anti-dilutive restricted shares excluded for the nine months ended March 31, 2015 (6 restricted shares were excluded for the nine months ended March 31, 2014).