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Earnings per Share | 12 Months Ended
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Jun. 30, 2018
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.
| Fiscal Year Ended June 30,
| 2018 |  | 2017 |  | 2016
| (in thousands, except per share data)
Numerator: |  |  |  |  |
Net income | $ | 33,153 |  |  | $ | 69,246 |  |  | $ | 63,619 |
Denominator: |  |  |  |  |  |  |
Weighted-average shares, basic | 25,522 |  | 25,318 |  |  | 26,472 |
Dilutive effect of share-based payments | 102 |  |  | 197 |  |  | 215 |
Weighted-average shares, diluted | 25,624 |  | 25,515 |  |  | 26,687 |
Net income per common share, basic | $ | 1.30 |  |  | $ | 2.74 |  |  | $ | 2.40 |
Net income per common share, diluted | $ | 1.29 |  |  | $ | 2.71 |  |  | $ | 2.38 |
For the years ended June 30, 2018, 2017 and 2016, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would have been antidilutive were 551,320, 418,325 and 461,090, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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