XML 27 R16.htm IDEA: XBRL DOCUMENT v3.24.0.1
EARNINGS PER COMMON SHARE
6 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted earnings per common share (“EPS”):
Three Months EndedSix Months Ended
December 31, December 31,
(Dollars in thousands, except per share data)2023202220232022
Earnings Per Common Share
Net income$151,771 $81,552 $234,416 $139,959 
Average common shares issued and outstanding57,216,621 59,999,573 58,082,830 59,927,078 
Earnings per common share$2.65 $1.36 $4.04 $2.34 
Diluted Earnings Per Common Share
Net income$151,771 $81,552 $234,416 $139,959 
Average common shares issued and outstanding57,216,621 59,999,573 58,082,830 59,927,078 
Dilutive effect of average unvested RSUs716,213 515,062 847,597 613,275 
Average dilutive common shares outstanding
57,932,834 60,514,635 58,930,427 60,540,353 
Diluted earnings per common share$2.62 $1.35 $3.98 $2.31 
Weighted average antidilutive common stock equivalents (excluded from the computation of EPS)1,598 249,075 837 51,793 
For further information regarding the Company’s EPS calculation see Note 17— “Earnings per Common Share” in the 2023 Form 10-K.