XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.22.1

Earnings Per Share Earnings Per Share (Text Block) | 9 Months Ended
--- | ---
Mar. 31, 2022
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 March 31, |  | Nine Months Ended March 31,
| 2022 |  | 2021 |  | 2022 |  | 2021
Net Income | $ | 84,707 |  |  | $ | 71,409 |  |  | $ | 282,490 |  |  | $ | 234,607 |
Common share information: |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per share 1 | 72,835 |  |  | 75,357 |  |  | 73,477 |  |  | 76,022 |
Dilutive effect of stock options and restricted stock | 184 |  |  | 74 |  |  | 142 |  |  | 119 |
Weighted average shares outstanding for diluted earnings per share 1 | 73,019 |  |  | 75,431 |  |  | 73,619 |  |  | 76,141 |
Basic earnings per share 2 | $ | 1.16 |  |  | $ | 0.95 |  |  | $ | 3.84 |  |  | $ | 3.09 |
Diluted earnings per share 2 | $ | 1.16 |  |  | $ | 0.95 |  |  | $ | 3.84 |  |  | $ | 3.08 |
1 The change in weighted average shares outstanding is primarily due to the weighted effect of the Company's repurchase of 2,800 shares of common stock during all of fiscal 2021 (2,500 shares repurchased during the first three quarters of fiscal 2021) and the repurchase of 1,250 shares during fiscal year-to-date 2022. 2 Common stock repurchases during the trailing twelve months contributed $0.02 to diluted earnings per share for the third fiscal quarter and $0.05 for year-to-date fiscal 2022. Per share information is based on the weighted average number of common shares outstanding for the three and nine months ended March 31, 2022, and 2021. Stock options and restricted stock units have been included in the calculation of earnings per share to the extent they are dilutive. There were nominal and 10 anti-dilutive stock options or restricted stock units excluded for the three and nine months ended March 31, 2022, respectively, and there were none excluded for both the three and nine months ended March 31, 2021.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration