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Earnings Per Share
3 Months Ended
Sep. 30, 2024
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,
 20242023
 (in thousands, except per share data)
Numerator:
Net income$16,974 $15,432 
Denominator:
Weighted-average shares, basic24,147 24,886 
Dilutive effect of share-based payments499 292 
Weighted-average shares, diluted24,646 25,178 
Net income per common share, basic$0.70 $0.62 
Net income per common share, diluted$0.69 $0.61 
For the quarters ended September 30, 2024 and 2023, weighted-average shares outstanding excluded from the computation of diluted earnings per share because their effect would be anti-dilutive were 109,450 and 854,893, respectively.