Earnings Per Share Earnings Per Share (Text Block)

3 Months Ended

Sep. 30, 2022

EARNINGS PER SHARE

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


	Three Months Ended September 30,
	2022		2021
Net Income	$	106,549	$	102,114
Common share information:
Weighted average shares outstanding for basic earnings per share	72,896		74,016
Dilutive effect of stock options and restricted stock units	242		126
Weighted average shares outstanding for diluted earnings per share	73,138		74,142
Basic earnings per share	$	1.46	$	1.38
Diluted earnings per share	$	1.46	$	1.38

Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2022 and 2021. Stock options and restricted stock units have been included in the calculation of earnings per share to the extent they are dilutive. There were 11 anti-dilutive stock options or restricted stock units excluded for the quarter ended September 30, 2022, and 22 were excluded for the quarter ended September 30, 2021.