Net Income Per Share (Tables)

9 Months Ended

Mar. 31, 2021

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 and nine months ended March 31, 2021 and 2020 are as follows:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2021		2020		2021		2020
	(Dollars and Shares in Thousands, Except per Share Data)
Net income	$	62,495	$	41,826	$	224,358	$	135,141
Weighted average shares outstanding	67,920		67,806		67,809		68,122
Dilutive impact from:
Employee equity awards	688		676		630		784
Dilutive weighted average shares outstanding	68,608		68,482		68,439		68,906
Income per share
Basic	$	0.92	$	0.62	$	3.31	$	1.98
Dilutive	$	0.91	$	0.61	$	3.28	$	1.96

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 March 31, 2021 and 2020:

	Three Months Ended March 31,		Nine Months Ended March 31,
	2021	2020	2021	2020
	(Shares in Thousands)
Employee equity awards	507	688	869	678