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EARNINGS PER SHARE
9 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):

 Three Months Ended March 31,Nine Months Ended March 31,
 2021202020212020
Numerator:
Net income$146,075 $103,722 $462,252 $287,679 
Denominator:
Weighted-average shares used in computing basic earnings per share62,810 64,630 63,084 66,003 
Add—dilutive potential common shares:
Stock options15 24 18 33 
Restricted stock units40 45 46 58 
Weighted-average shares used in computing diluted net income per share62,865 64,699 63,148 66,094 
Net income per share of common stock:
Basic$2.33 $1.60 $7.33 $4.36 
Diluted$2.32 $1.60 $7.32 $4.35 

The Company excludes potentially dilutive securities from its diluted net income per share calculation when their effect would be anti-dilutive to net income per share amounts. The following table summarizes the total potential shares of common stock that were excluded from the diluted per share calculation, because to include them would have been anti-dilutive for the period (in thousands):

 Three Months Ended March 31,Nine Months Ended March 31,
 2021202020212020
Restricted stock units— 11