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Earnings Per Share (Tables) | 12 Months Ended
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Jun. 30, 2023
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,
| 2023 |  | 2022 |  | 2021
Net income | $ | 384,735 |  |  | $ | 366,794 |  |  | $ | 457,443 |
Weighted-average number of basic shares outstanding during the period | 23,196 |  | 23,446 |  | 24,705
Dilutive effect of RSUs after application of treasury stock method | 217 |  | 231 |  | 287
Weighted-average number of diluted shares outstanding during the period | 23,413 |  | 23,677 |  | 24,992
Basic earnings per share | $ | 16.59 |  |  | $ | 15.64 |  |  | $ | 18.52 |
Diluted earnings per share | $ | 16.43 |  |  | $ | 15.49 |  |  | $ | 18.30 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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