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Earnings Per Share (Tables) | 9 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Calculation of basic and diluted 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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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