Net Income Per Share (Tables)

3 Months Ended

Sep. 30, 2017

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, 2017 and 2016 are as follows:

	Three Months Ended September 30,
	2017		2016
	(Dollars and Shares in Thousands, Except per Share Data)
Net income	$	34,755	$	35,000
Weighted average shares outstanding	73,024		79,048
Dilutive impact from:
Share-based payment awards	585		337
Dilutive weighted average shares outstanding	73,609		79,385
Income per share
Basic	$	0.48	$	0.44
Dilutive	$	0.47	$	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, 2017 and 2016:

	Three Months Ended September 30,
	2017	2016
	(Shares in Thousands)
Employee equity awards	674	1,535