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Earnings Per Share | 6 Months Ended
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Dec. 31, 2017
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,
| 2017 |  | 2016 |  | 2017 |  | 2016
| (in thousands, except per share data)
Numerator: |  |  |  |  |  |  |
Net Income | $ | 7,969 |  |  | $ | 23,036 |  |  | $ | 12,116 |  |  | $ | 37,852 |
Denominator: |  |  |  |  |  |  |
Weighted-average shares, basic | 25,506 |  |  | 25,146 |  |  | 25,470 |  |  | 25,334 |
Dilutive effect of share-based payments | 142 |  |  | 139 |  |  | 142 |  |  | 156 |
Weighted-average shares, diluted | 25,648 |  |  | 25,285 |  |  | 25,612 |  |  | 25,490 |
Net income per common share, basic | $ | 0.31 |  |  | $ | 0.92 |  |  | $ | 0.48 |  |  | $ | 1.49 |
Net income per common share, diluted | $ | 0.31 |  |  | $ | 0.91 |  |  | $ | 0.47 |  |  | $ | 1.48 |
For the quarter and six months ended December 31, 2017, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 405,159 and 432,846, respectively. For the quarter and six months ended December 31, 2016, there were 568,955 and 517,845, respectively, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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