Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2024

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,
	2024		2023		2024		2023
Numerator:
Net income	$	300,492	$	232,500	$	728,715	$	667,892
Denominator:
Basic weighted-average common shares outstanding	146,959		146,914		147,056		146,681
Effect of dilutive securities:
Stock options and restricted stock units	491		481		493		719
Diluted weighted average shares	147,450		147,395		147,549		147,400
Basic earnings per share	$	2.04	$	1.58	$	4.96	$	4.55
Diluted earnings per share	$	2.04	$	1.58	$	4.94	$	4.53