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Earnings Per Share Earnings Per Share (Tables)
 9 Months Ended
Mar. 31, 2022
Earnings Per Share, Basic and Diluted [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reflects the reconciliation between basic and diluted earnings per share.
Three Months Ended March 31,Nine Months Ended March 31,
 2022202120222021
Net Income$84,707 $71,409 $282,490 $234,607 
Common share information:
Weighted average shares outstanding for basic earnings per share1
72,835 75,357 73,477 76,022 
Dilutive effect of stock options and restricted stock184 74 142 119 
Weighted average shares outstanding for diluted earnings per share1
73,019 75,431 73,619 76,141 
Basic earnings per share2
$1.16 $0.95 $3.84 $3.09 
Diluted earnings per share2
$1.16 $0.95 $3.84 $3.08 
1The 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.
2Common 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.