Earnings Per Share Earnings Per Share (Text Block)

3 Months Ended

Sep. 30, 2019

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 September 30,
	2019		2018
Net Income	$	89,370	$	83,551
Common share information:
Weighted average shares outstanding for basic earnings per share	76,972		77,188
Dilutive effect of stock options and restricted stock	95		349
Weighted average shares outstanding for diluted earnings per share	77,067		77,537
Basic earnings per share	$	1.16	$	1.08
Diluted earnings per share	$	1.16	$	1.08

Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2019 and 2018. 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, 2019 and no anti-dilutive stock options or restricted stock shares excluded for the quarter ended September 30, 2018.