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EARNINGS PER COMMON SHARE | 9 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE The following table presents the calculation of basic and diluted EPS:
| Three Months Ended |  | Nine Months Ended
| March 31, |  | March 31,
(Dollars in thousands, except per share data) | 2023 |  | 2022 |  | 2023 |  | 2022
Earnings Per Common Share |  |  |  |  |  |  |
Net income | $ | 79,850 |  |  | $ | 61,823 |  |  | $ | 219,809 |  |  | $ | 182,820 |
Average common shares issued and outstanding | 59,930,634 |  |  | 59,542,128 |  |  | 59,928,263 |  |  | 59,476,488 |
Earnings per common share | $ | 1.33 |  |  | $ | 1.04 |  |  | $ | 3.67 |  |  | $ | 3.07 |
Diluted Earnings Per Common Share |  |  |  |  |  |  |
Net income | $ | 79,850 |  |  | $ | 61,823 |  |  | $ | 219,809 |  |  | $ | 182,820 |
Average common shares issued and outstanding | 59,930,634 |  |  | 59,542,128 |  |  | 59,928,263 |  |  | 59,476,488 |
Dilutive effect of average unvested RSUs | 696,766 |  |  | 1,069,831 |  |  | 667,151 |  |  | 1,128,998 |
Total dilutive common shares outstanding | 60,627,400 |  |  | 60,611,959 |  |  | 60,595,414 |  |  | 60,605,486 |
Diluted earnings per common share | $ | 1.32 |  |  | $ | 1.02 |  |  | $ | 3.63 |  |  | $ | 3.02 |

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