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Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 2023
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.
Year Ended June 30,
 202320222021
Net Income$366,646 $362,916 $311,469 
Common share information:
Weighted average shares outstanding for basic earnings per share72,918 73,324 75,546 
Dilutive effect of stock options, restricted stock units, and performance units178 162 112 
Weighted average shares outstanding for diluted earnings per share73,096 73,486 75,658 
Basic earnings per share$5.03 $4.95 $4.12 
Diluted earnings per share$5.02 $4.94 $4.12 
Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options, restricted stock units, and performance units have been included in the calculation of earnings per share to the extent they are dilutive. The two-class method for computing EPS has not been applied because no outstanding awards contain non-forfeitable rights to participate in dividends. There were 10 anti-dilutive weighted average shares excluded from the weighted average shares outstanding for diluted earnings per share for fiscal 2023, 7 shares were excluded for fiscal 2022, and 11 shares were excluded for fiscal 2021.