Earnings Per Share Earnings Per Share (Text Block)

6 Months Ended

Dec. 31, 2022

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,
	2022		2021		2022		2021
Net Income	$	80,775	$	95,670	$	187,324	$	197,783
Common share information:
Weighted average shares outstanding for basic earnings per share	72,962		73,580		72,929		73,798
Dilutive effect of stock options and restricted stock units	182		117		212		122
Weighted average shares outstanding for diluted earnings per share	73,144		73,697		73,141		73,920
Basic earnings per share	$	1.11	$	1.30	$	2.57	$	2.68
Diluted earnings per share	$	1.10	$	1.30	$	2.56	$	2.68

Per share information is based on the weighted average number of common shares outstanding for the three and six months ended December 31, 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 31 and 25 anti-dilutive stock options or restricted stock units excluded for the three and six months ended December 31, 2022, respectively, and 28 and 23 were excluded for the three and six months ended December 31, 2021, respectively.