Net Income Per Share (Tables)

3 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of calculations of basic and diluted net income per share and basic and dilutive weighted average shares outstanding

The calculations of basic and diluted net income per share and basic and dilutive weighted average shares outstanding for the three months ended September 30, 2016 and 2015 are as follows:

	Three Months Ended September 30,
	2016		2015
	(Dollars and Shares in Thousands, Except per Share Data)
Net income	$	35,000	$	36,771
Weighted average shares outstanding	79,048		83,876
Dilutive impact from:
Share-based payment awards	337		444
Dilutive weighted average shares outstanding	79,385		84,320
Income per share
Basic	$	0.44	$	0.44
Dilutive	$	0.44	$	0.44

Schedule of employee equity awards excluded from the calculation of dilutive weighted average shares outstanding

The following employee equity awards were excluded from the calculation of dilutive weighted average shares outstanding because their effect would be anti-dilutive as of September 30, 2016 and 2015:

	Three Months Ended September 30,
	2016	2015
	(Shares in Thousands)
Employee equity awards	1,535	1,187