Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows (in thousands except per share data):

	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022
Numerator:
Net income	$	232,500	$	179,012	$	667,892	$	584,376
Denominator:
Basic weighted-average common shares outstanding	146,914		146,240		146,681		145,969
Effect of dilutive securities:
Stock options and restricted stock units	481		722		719		1,065
Diluted weighted average shares	147,395		146,962		147,400		147,034
Basic earnings per share	$	1.58	$	1.22	$	4.55	$	4.00
Diluted earnings per share	$	1.58	$	1.22	$	4.53	$	3.97