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Note 11. Earnings Per Share (Notes)
 3 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Basic and diluted earnings per share were calculated as follows under the two-class method:
 
Three Months Ended
 
 
September 30
 
(Amounts in thousands, except per share data)
2017
 
2016
 
Basic and Diluted Earnings Per Share:
 
 
 
 
   Net Income
$
8,480

 
$
10,122

 
   Less: Net Income allocated to participating securities
6

 
—

 
   Net Income allocated to common Share Owners
$
8,474

 
$
10,122

 
 
 
 
 
 
Basic weighted average common shares outstanding
26,859

 
28,078

 
Dilutive effect of average outstanding performance shares
153

 
17

 
Dilutive effect of average outstanding deferred stock units
16

 
—

 
Dilutive weighted average shares outstanding
27,028

 
28,095

 
 
 
 
 
 
Earnings Per Share of Common Stock:
 
 
 
 
Basic
$
0.32

 
$
0.36

 
Diluted
$
0.31

 
$
0.36