v3.25.2
Earnings Per Share (Text Block)
12 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] EARNINGS PER SHARE
The following table reflects the reconciliation between basic and diluted earnings per share.
Year Ended June 30,
 202520242023
Net Income$455,748 $381,816 $366,646 
Common share information:
Weighted average shares outstanding for basic earnings per share72,874 72,867 72,918 
Dilutive effect of stock options, restricted stock units, and performance units171 158 178 
Weighted average shares outstanding for diluted earnings per share73,045 73,025 73,096 
Basic earnings per share$6.25 $5.24 $5.03 
Diluted earnings per share$6.24 $5.23 $5.02 
Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options, restricted stock units, and performance units have been included in the calculation of earnings per share to the extent they are dilutive. The two-class method for computing EPS has not been applied because no outstanding awards contain non-forfeitable rights to participate in dividends. There were 18 anti-dilutive weighted average shares excluded from the weighted average shares outstanding for diluted earnings per share for fiscal 2025, 33 shares were excluded for fiscal 2024, and 10 shares were excluded for fiscal 2023.