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Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 2024
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.
Year Ended June 30,
 202420232022
Net Income$381,816 $366,646 $362,916 
Common share information:
Weighted average shares outstanding for basic earnings per share72,867 72,918 73,324 
Dilutive effect of stock options, restricted stock units, and performance units158 178 162 
Weighted average shares outstanding for diluted earnings per share73,025 73,096 73,486 
Basic earnings per share$5.24 $5.03 $4.95 
Diluted earnings per share$5.23 $5.02 $4.94 
Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options, restricted stock units, and performance units have been included in the calculation of earnings per share to the extent they are dilutive. The two-class method for computing EPS has not been applied because no outstanding awards contain non-forfeitable rights to participate in dividends. There were 33 anti-dilutive weighted average shares excluded from the weighted average shares outstanding for diluted earnings per share for fiscal 2024, 10 shares were excluded for fiscal 2023, and 7 shares were excluded for fiscal 2022.