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Net Income Per Common Share (Tables)

9 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Computation of basic and diluted net income per share

The following table shows the computation of basic and diluted net income per common share for the three and nine months ended March 31, 2019 and 2018 (in thousands, except per share amounts):

	Three Months Ended March 31,								Nine Months Ended March 31,
	2019				2018				2019				2018
Numerator:
Net income	$	10,646			$	14,595			$	48,208			$	19,891
Denominator:
Weighted-average shares outstanding	49,988				49,425				49,845				49,285
Effect of dilutive securities	1,570				2,254				1,712				2,805
Weighted-average diluted shares	51,558				51,679				51,557				52,090
Basic net income per common share	$	0.21			$	0.30			$	0.97			$	0.40
Diluted net income per common share	$	0.21			$	0.28			$	0.94			$	0.38

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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