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Earnings Per Share | 12 Months Ended
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Jun. 30, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share:
| Fiscal Year ended June 30,
| 2014 |  | 2013 |  | 2012
Numerator: |  |  |  |  |
Income from continuing operations | $ | 141,480 |  |  | $ | 119,793 |  |  | $ | 94,214 |
(Loss) from discontinued operations, net of tax | (1,629 | ) |  | (5,137 | ) |  | (14,989 | )
Net income | $ | 139,851 |  |  | $ | 114,656 |  |  | $ | 79,225 |
Denominator (in thousands): |  |  |  |  |
Denominator for basic earnings per share - weighted average shares outstanding during the period | 48,875 |  |  | 46,176 |  |  | 44,360 |
Effect of dilutive stock options, unvested restricted stock and unvested restricted share units | 1,128 |  |  | 1,396 |  |  | 1,487 |
Denominator for diluted earnings per share - adjusted weighted average shares and assumed conversions | 50,003 |  |  | 47,572 |  |  | 45,847 |
Basic net income/(loss) per common share: |  |  |  |  |  |  |  |
From continuing operations | $ | 2.89 |  |  | $ | 2.59 |  |  | $ | 2.12 |
From discontinued operations | (0.03 | ) |  | (0.11 | ) |  | (0.33 | )
Net income per common share - basic | $ | 2.86 |  |  | $ | 2.48 |  |  | $ | 1.79 |
Diluted net income/(loss) per common share: |  |  |  |  |
From continuing operations | $ | 2.83 |  |  | $ | 2.52 |  |  | $ | 2.05 |
From discontinued operations | (0.03 | ) |  | (0.11 | ) |  | (0.32 | )
Net income per common share - diluted | $ | 2.80 |  |  | $ | 2.41 |  |  | $ | 1.73 |
Basic earnings per share excludes the dilutive effects of stock options, unvested restricted stock and unvested restricted share units. Diluted earnings per share includes the dilutive effects of common stock equivalents such as stock options and unvested restricted stock awards. The Company used income from continuing operations as the control number in determining whether potential common shares were dilutive or anti-dilutive. The same number of potential common shares used in computing the diluted per share amount from continuing operations was also used in computing the diluted per share amounts from discontinued operations even if those amounts were anti-dilutive. Restricted stock awards totaling 135,905 and 300,000 were excluded from our diluted earnings per share calculations for the fiscal years ended June 30, 2014 and 2013 as such awards are contingently issuable based on market or performance conditions and such conditions had not been achieved during the respective periods. There were 29,000 anti-dilutive stock options and restricted stock awards for the fiscal year ended June 30, 2012.

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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 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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