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Earnings Per Share | 3 Months Ended
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Sep. 30, 2019
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
| September 30,
| 2019 |  | 2018
| (in thousands, except per share data)
Numerator: |  |  |
Net income | $ | 11,530 |  |  | $ | 14,322 |
Denominator: |  |  |
Weighted-average shares, basic | 25,539 |  |  | 25,599 |
Dilutive effect of share-based payments | 78 |  |  | 156 |
Weighted-average shares, diluted | 25,617 |  |  | 25,755 |
Net income per common share, basic | $ | 0.45 |  |  | $ | 0.56 |
Net income per common share, diluted | $ | 0.45 |  |  | $ | 0.56 |
For the quarters ended September 30, 2019 and 2018, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 916,875 and 423,738, 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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