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Earnings Per Share (Tables) | 9 Months Ended
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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 |

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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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