Earnings Per Share Earnings Per Share (Text Block)

6 Months Ended

Dec. 31, 2023

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,
	2023		2022		2023		2022
Net Income	$	91,965	$	80,775	$	193,644	$	187,324
Common share information:
Weighted average shares outstanding for basic earnings per share	72,838		72,962		72,854		72,929
Dilutive effect of stock options, restricted stock units, and performance units	146		182		145		212
Weighted average shares outstanding for diluted earnings per share	72,984		73,144		72,999		73,141
Basic earnings per share	$	1.26	$	1.11	$	2.66	$	2.57
Diluted earnings per share	$	1.26	$	1.10	$	2.65	$	2.56

Per share information is based on the weighted average number of common shares outstanding for the three and six months ended December 31, 2023, and 2022. Stock options, restricted stock units, and performance units have been included in the calculation of diluted earnings per share to the extent they are dilutive. There were 24 and 22 anti-dilutive stock options, restricted stock units, or performance units excluded for the three and six months ended December 31, 2023, respectively, and 31 and 25 were excluded for the three and six months ended December 31, 2022, respectively.