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Earnings Per Share | 9 Months Ended
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Mar. 31, 2021
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, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net income |  | $ | 120,344 |  |  | $ | 80,577 |  |  | $ | 320,466 |  |  | $ | 227,749 |
Weighted-average number of basic shares outstanding during the period |  |  | 24,935 |  |  |  | 25,078 |  |  |  | 25,026 |  |  |  | 25,012 |
Dilutive effect of RSUs after application of treasury stock method |  |  | 231 |  |  |  | 400 |  |  |  | 281 |  |  |  | 469 |
Weighted-average number of diluted shares outstanding during the period |  |  | 25,166 |  |  |  | 25,478 |  |  |  | 25,307 |  |  |  | 25,481 |
Basic earnings per share |  | $ | 4.83 |  |  | $ | 3.21 |  |  | $ | 12.81 |  |  | $ | 9.11 |
Diluted earnings per share |  | $ | 4.78 |  |  | $ | 3.16 |  |  | $ | 12.66 |  |  | $ | 8.94 |

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- 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=6371337&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=6371337&loc=d3e3630-109257 + Details
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