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Earnings Per Share Earnings Per Share (Text Block) | 3 Months Ended
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Sep. 30, 2021
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | EARNINGS PER SHARE The following table reflects the reconciliation between basic and diluted earnings per share.
|  |  | Three Months Ended September 30,
|  |  |  |  | 2021 |  | 2020
Net Income |  |  |  |  | $ | 102,114 |  |  | $ | 91,216 |
Common share information: |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per share |  |  |  |  | 74,016 |  |  | 76,507 |
Dilutive effect of stock options and restricted stock |  |  |  |  | 126 |  | 206
Weighted average shares outstanding for diluted earnings per share |  |  |  |  | 74,142 |  |  | 76,713 |
Basic earnings per share 1 |  |  |  |  | $ | 1.38 |  |  | $ | 1.19 |
Diluted earnings per share 1 |  |  |  |  | $ | 1.38 |  |  | $ | 1.19 |
1 The Company’s repurchase of 2,800 shares of common stock during fiscal year 2021 contributed $0.05 to earnings per share for the first quarter of fiscal year 2022. Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2021 and 2020. Stock options and restricted stock units have been included in the calculation of earnings per share to the extent they are dilutive. There were 22 anti-dilutive stock options or restricted stock units excluded for the quarter ended September 30, 2021 and none were excluded for the quarter ended September 30, 2020.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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