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Earnings Per Share
 6 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share are computed by dividing net income by the weighted-average number of common and potential common shares outstanding.
 
Quarter ended
 
Six months ended
 
December 31,
 
December 31,
 
2013
 
2012
 
2013
 
2012
 
(in thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net Income
$
18,298

 
$
16,357

 
$
37,735

 
$
33,999

Denominator:
 
 
 
 
 
 
 
Weighted-average shares, basic
28,293

 
27,713

 
28,164

 
27,665

Dilutive effect of share-based payments
304

 
245

 
270

 
263

Weighted-average shares, diluted
28,597

 
27,958

 
28,434

 
27,928

 
 
 
 
 
 
 
 
Net income per common share, basic
$
0.65

 
$
0.59

 
$
1.34

 
$
1.23

Net income per common share, diluted
$
0.64

 
$
0.59

 
$
1.33

 
$
1.22



For the quarter and six months ended December 31, 2013, weighted average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 182,299 and 438,760, respectively. For the quarter and six months ended December 31, 2012, there were 1,159,357 and 1,112,076 weighted average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive.