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Earnings Per Share Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 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, as well as cash dividends paid per share:
 
Year Ended June 30,
 
2015
 
2014
 
2013
Net Income
$
211,221

 
$
186,715

 
$
167,610

Common share information:
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
81,353

 
84,866

 
86,040

Dilutive effect of stock options and restricted stock
248

 
530

 
579

Weighted average shares outstanding for diluted earnings per share
81,601

 
85,396

 
86,619

Basic earnings per share
$
2.60

 
$
2.20

 
$
1.95

Diluted earnings per share
$
2.59

 
$
2.19

 
$
1.94


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 no anti-dilutive stock options and restricted stock excluded from the computation of diluted earnings per share for fiscal 2015, with 24 shares excluded for fiscal 2014 and no shares excluded for fiscal 2013.