Earnings Per Share

6 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Note  8. Earnings Per Share

The following table sets forth the computation of earnings per share for the periods indicated. Weighted average shares issuable upon the exercises of stock options and the release of performance and restricted shares are not included in the calculation because they were anti-dilutive and totaled approximately 86,000 and 227,000 for the three and six months ended December 31, 2016, respectively, and 193,000 and 212,000 for the three and six months ended December 31, 2015, respectively ($000 except per share data):

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2016		2015		2016		2015
Net earnings	$	23,903	$	18,991	$	40,197	$	36,205
Divided by:
Weighted average shares		62,390		61,165		62,205		61,194
Basic earnings per common share	$	0.38	$	0.31	$	0.65	$	0.59
Net earnings	$	23,903	$	18,991	$	40,197	$	36,205
Divided by:
Weighted average shares		62,390		61,165		62,205		61,194
Dilutive effect of common stock equivalents		2,017		1,508		1,794		1,507
Diluted weighted average common shares		64,407		62,673		63,999		62,701
Diluted earnings per common share	$	0.37	$	0.30	$	0.63	$	0.58