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Earnings Per Share (Tables) | 12 Months Ended
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Jun. 30, 2022
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):
|  | Year Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Net income |  | $ | 366,794 |  |  | $ | 457,443 |  |  | $ | 321,480 |
Weighted-average number of basic shares outstanding during the period |  |  | 23,446 |  |  |  | 24,705 |  |  |  | 25,031 |
Dilutive effect of RSUs after application of treasury stock method |  |  | 231 |  |  |  | 287 |  |  |  | 454 |
Weighted-average number of diluted shares outstanding during the period |  |  | 23,677 |  |  |  | 24,992 |  |  |  | 25,485 |
Basic earnings per share |  | $ | 15.64 |  |  | $ | 18.52 |  |  | $ | 12.84 |
Diluted earnings per share |  | $ | 15.49 |  |  | $ | 18.30 |  |  | $ | 12.61 |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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