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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Common Shares Used for Earnings Per Share | The following table provides a reconciliation of the numerator and denominator used for basic and diluted earnings per share (in thousands, except per share amounts):
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Numerator for basic earnings per share: |  |  |  |  |  |  |
Net income attributable to stockholders (a) | $ | 46,801 |  |  | $ | 38,415 |  |  | $ | 153,563 |  |  | $ | 235,964 |
Numerator for diluted earnings per share: |  |  |  |  |  |  |
Net income attributable to stockholders (a) | $ | 46,801 |  |  | $ | 38,415 |  |  | $ | 153,563 |  |  | $ | 235,964 |
Net loss attributable to non-controlling interest | — |  |  | — |  |  | — |  |  | 1,643 |
Net income for diluted earnings per share | $ | 46,801 |  |  | $ | 38,415 |  |  | $ | 153,563 |  |  | $ | 237,607 |
Denominator for earnings per share: |  |  |  |  |  |  |
Basic weighted average shares outstanding (b) | 118,872 |  |  | 118,697 |  |  | 118,668 |  |  | 120,957 |
Effect of dilutive securities: (c) |  |  |  |  |  |  |
Stock options | 76 |  |  | 98 |  |  | 103 |  |  | 225 |
Restricted stock | 528 |  |  | 465 |  |  | 519 |  |  | 499 |
Performance share awards | 340 |  |  | 553 |  |  | 542 |  |  | 621 |
Diluted weighted average shares and assumed conversions | 119,816 |  |  | 119,813 |  |  | 119,832 |  |  | 122,302 |
Earnings per share attributable to stockholders: |  |  |  |  |  |  |
Basic | $ | 0.39 |  |  | $ | 0.32 |  |  | $ | 1.29 |  |  | $ | 1.95 |
Diluted | $ | 0.39 |  |  | $ | 0.32 |  |  | $ | 1.28 |  |  | $ | 1.94 |
_________________________________ (a)Net income attributable to stockholders was calculated as follows (in thousands):
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Net income | $ | 48,649 |  |  | $ | 39,069 |  |  | $ | 155,982 |  |  | $ | 237,607 |
Net income attributable to non-controlling interest | (1,848) |  |  | (654) |  |  | (2,419) |  |  | (1,643) |
Net income attributable to stockholders | $ | 46,801 |  |  | $ | 38,415 |  |  | $ | 153,563 |  |  | $ | 235,964 |
(b)Weighted average number of common shares used for basic earnings per share excludes the impact of all potentially issuable dilutive shares of Class A common stock for the three and nine months ended March 31, 2023 and 2022. (c)The effect of 0.3 million stock options and restricted stock units were excluded from diluted weighted average shares outstanding as it had an anti-dilutive effect for both the three and nine months ended March 31, 2023. Additionally, for the three and nine months ended March 31, 2023, the effect of 0.4 million and 0.3 million performance share awards, respectively, was excluded from diluted weighted average shares outstanding as the awards had not satisfied the applicable performance criteria at the end of the period. For the three and nine months ended March 31, 2022, the effect of 0.3 million and 0.6 million stock options and restricted stock units, respectively, was excluded from diluted weighted average shares outstanding as it had an anti-dilutive effect. Additionally, for the nine months ended March 31, 2022, the effect of 0.3 million performance share awards was excluded from diluted weighted average shares outstanding as the awards had not satisfied the applicable performance criteria at the end of the period.

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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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