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Earnings Per Share | 9 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
Earnings Per Share |
1 5. | Earnings Per Share
Earnings per share and the weighted-average number of diluted shares are computed as follows (in thousands, except per share data):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net income |  | $ | 80,577 |  |  | $ | 68,145 |  |  | $ | 227,749 |  |  | $ | 215,574 |
Weighted-average number of basic shares outstanding during the period |  |  | 25,078 |  |  |  | 24,866 |  |  |  | 25,012 |  |  |  | 24,819 |
Dilutive effect of RSUs after application of treasury stock method |  |  | 400 |  |  |  | 482 |  |  |  | 469 |  |  |  | 550 |
Weighted-average number of diluted shares outstanding during the period |  |  | 25,478 |  |  |  | 25,348 |  |  |  | 25,481 |  |  |  | 25,369 |
Basic earnings per share |  | $ | 3.21 |  |  | $ | 2.74 |  |  | $ | 9.11 |  |  | $ | 8.69 |
Diluted earnings per share |  | $ | 3.16 |  |  | $ | 2.69 |  |  | $ | 8.94 |  |  | $ | 8.50 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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