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Earnings Per Share (Tables) | 9 Months Ended
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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 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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