Earnings Per Share Earnings Per Share (Text Block)

3 Months Ended

Sep. 30, 2018

EARNINGS PER SHARE

The following table reflects the reconciliation between basic and diluted earnings per share.



	Three Months Ended September 30,
	2018		2017
Net Income	$	83,551	$	66,870
Common share information:
Weighted average shares outstanding for basic earnings per share	77,188		77,283
Dilutive effect of stock options and restricted stock	349		363
Weighted average shares outstanding for diluted earnings per share	77,537		77,646
Basic earnings per share	$	1.08	$	0.87
Diluted earnings per share	$	1.08	$	0.86

Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2018 and 2017. 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 or restricted stock shares excluded for the quarter ended September 30, 2018 and no anti-dilutive stock options or restricted stock shares excluded for the quarter ended September 30, 2017.