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Earnings Per Share | 9 Months Ended
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Mar. 31, 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.
| Quarter ended |  | Nine months ended
| March 31, |  | March 31,
| 2018 |  | 2017 |  | 2018 |  | 2017
| (in thousands, except per share data)
Numerator: |  |  |  |  |  |  |
Net Income | $ | 10,649 |  |  | $ | 12,424 |  |  | $ | 22,765 |  |  | $ | 50,276 |
Denominator: |  |  |  |  |  |  |
Weighted-average shares, basic | 25,572 |  |  | 25,262 |  |  | 25,503 |  |  | 25,311 |
Dilutive effect of share-based payments | 34 |  |  | 138 |  |  | 104 |  |  | 147 |
Weighted-average shares, diluted | 25,606 |  |  | 25,400 |  |  | 25,607 |  |  | 25,458 |
Net income per common share, basic | $ | 0.42 |  |  | $ | 0.49 |  |  | $ | 0.89 |  |  | $ | 1.99 |
Net income per common share, diluted | $ | 0.42 |  |  | $ | 0.49 |  |  | $ | 0.89 |  |  | $ | 1.97 |
For the quarter and nine months ended March 31, 2018, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 952,351 and 534,082, respectively. For the quarter and nine months ended March 31, 2017, there were 442,001 and 454,006, 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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