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Earnings Per Share Earnings Per Share (Text Block)
6 Months Ended
Dec. 31, 2016
Earnings Per Share [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 December 31,
 
Six Months Ended December 31,
 
2016
 
2015
 
2016
 
2015
Net Income
$
58,814

 
$
59,348

 
$
121,058

 
$
110,714

Common share information:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic earnings per share
77,814

 
79,473

 
78,114

 
80,009

Dilutive effect of stock options and restricted stock
366

 
297

 
398

 
243

Weighted average shares outstanding for diluted earnings per share
78,180

 
79,770

 
78,512

 
80,252

Basic earnings per share
$
0.76

 
$
0.75

 
$
1.55

 
$
1.38

Diluted earnings per share
$
0.75

 
$
0.74

 
$
1.54

 
$
1.38


Per share information is based on the weighted average number of common shares outstanding for the three and six months ended December 31, 2016 and 2015. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 32 anti-dilutive stock options and restricted stock shares excluded for the three month period ended December 31, 2016 and no shares excluded for the three month period ended December 31, 2015. For the six months ended December 31, 2016, there were 32 anti-dilutive shares excluded, and for the six months ended December 31, 2015, no shares were excluded.