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Earnings Per Share Earnings Per Share (Text Block)
3 Months Ended
Sep. 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.
 
Three Months Ended September 30,
 
2015
 
2014
Net Income
$
51,366

 
$
46,088

Common share information:
 
 
 
Weighted average shares outstanding for basic earnings per share
80,545

 
82,195

Dilutive effect of stock options and restricted stock
190

 
394

Weighted average shares outstanding for diluted earnings per share
80,735

 
82,589

Basic earnings per share
$
0.64

 
$
0.56

Diluted earnings per share
$
0.64

 
$
0.56


Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 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 26 anti-dilutive stock options and restricted stock shares excluded for the three month period ended September 30, 2015 (78  shares were excluded for the three month period ended September 30, 2014).