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Earnings Per Share
9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed using the weighted average number of shares outstanding during the period, while diluted earnings per share is calculated to reflect the potential dilution that would occur related to the issuance of capital stock under stock option grants, performance awards and restricted stock units. The difference between basic and diluted earnings per share relates solely to the effect of capital stock options, performance awards and restricted stock units.
The following table provides the computation of diluted shares outstanding for the three and nine months ended March 31, 2025 and 2024:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2025202420252024
Weighted-average shares outstanding during the period
77,037 79,229 77,614 79,655 
Add: Unexercised stock options and unvested restricted stock units614 620 594 542 
Number of shares on which diluted earnings per share is calculated
77,651 79,849 78,208 80,197 
Unexercised stock options with an exercise price greater than the average market price and restricted stock units not included in the computation because they were anti-dilutive319 349 276 420