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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jun. 30, 2019
Quarterly Financial Data [Abstract]  
Quarterly consolidated statement of operations data
The following tables present quarterly consolidated statement of operations data for fiscal 2019 and 2018. The below data is unaudited but, in our opinion, reflects all adjustments necessary for a fair presentation of this data in accordance with GAAP:
 
Three Months Ended
 
June 30,
2019
 
March 31,
2019
 
December 31, 2018
 
September 30,
2018
 
(Dollars and Shares in Thousands, Except per Share Data)
Total revenue
$
195,769

 
$
147,984

 
$
140,423

 
$
114,169

Gross profit
180,279

 
133,624

 
125,684

 
100,942

Income from operations
111,223

 
70,831

 
63,758

 
36,990

Net income
103,865

 
61,587

 
59,217

 
38,066

Net income per common share:
 

 
 

 
 

 
 

Basic
$
1.51

 
$
0.89

 
$
0.84

 
$
0.54

Diluted
$
1.49

 
$
0.88

 
$
0.83

 
$
0.53

Weighted average shares outstanding:
 

 
 

 
 

 
 

Basic
68,839

 
69,423

 
70,428

 
70,988

Diluted
69,638

 
70,160

 
71,148

 
72,015


 
Three Months Ended
 
June 30,
2018
 
March 31,
2018
 
December 31, 2017
 
September 30,
2017
 
As Adjusted
 
(Dollars and Shares in Thousands, Except per Share Data)
Total revenue
$
159,084

 
$
127,759

 
$
105,529

 
$
126,487

Gross profit
146,037

 
114,983

 
93,440

 
113,755

Income from operations
79,784

 
53,620

 
30,104

 
55,714

Net income
76,646

 
44,506

 
132,030

 
40,521

Net income per common share:
 

 
 

 
 

 
 

Basic
$
1.07

 
$
0.62

 
$
1.83

 
$
0.55

Diluted
$
1.06

 
$
0.61

 
$
1.81

 
$
0.55

Weighted average shares outstanding:
 

 
 

 
 

 
 

Basic
71,349

 
71,828

 
72,342

 
73,024

Diluted
72,315

 
72,663

 
73,036

 
73,609