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Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income
$
31,328

 
$
48,788

 
$
67,117

 
$
136,026

 
 
 
 
 
 
 
 
Denominator (in thousands):
 
 
 
 
 
 
 
Basic earnings per share - weighted average shares outstanding during the period
103,687

 
103,265

 
103,584

 
103,030

Effect of dilutive stock options, unvested restricted stock and unvested restricted share units
559

 
822

 
648

 
1,138

Diluted earnings per share - adjusted weighted average shares and assumed conversions
104,246

 
104,087

 
104,232

 
104,168

 
 
 
 
 
 
 
 
Net income per common share:
 
 
 
 
 
 
 
Basic
$
0.30

 
$
0.47

 
$
0.65

 
$
1.32

Diluted
$
0.30

 
$
0.47

 
$
0.64

 
$
1.31