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Earnings Per Share Earnings Per Share (Text Block)
 3 Months Ended
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,
 20212020
Net Income$102,114 $91,216 
Common share information:
Weighted average shares outstanding for basic earnings per share74,016 76,507 
Dilutive effect of stock options and restricted stock126206
Weighted average shares outstanding for diluted earnings per share74,142 76,713 
Basic earnings per share1
$1.38 $1.19 
Diluted earnings per share1
$1.38 $1.19 
1The 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.