| Schedule of the calculation of basic and diluted earnings per share |
The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts): | | | | | | | | | | | | Year Ended June 30, | | | 2026 | | 2025 | | 2024 | Earnings per share – basic: | | | | | | | | | | Net earnings | | $ | 181,862 | | $ | 73,400 | | $ | 168,105 | Income allocated to participating securities | | | (22) | | | (37) | | | (33) | Income available to common shareholders | | $ | 181,840 | | $ | 73,363 | | $ | 168,072 | Weighted-average shares outstanding – basic | | | 155,963 | | | 157,521 | | | 157,708 | Earnings per share – basic | | $ | 1.17 | | $ | 0.47 | | $ | 1.07 | | | | | | | | | | | Earnings per share – diluted: | | | | | | | | | | Net earnings | | $ | 181,862 | | $ | 73,400 | | $ | 168,105 | Income allocated to participating securities | | | (22) | | | (37) | | | (33) | Income available to common shareholders | | $ | 181,840 | | $ | 73,363 | | $ | 168,072 | Weighted-average shares outstanding – basic | | | 155,963 | | | 157,521 | | | 157,708 | Dilutive effect of stock options and restricted stock units | | | 1,046 | | | 2,196 | | | 3,066 | Weighted-average common shares outstanding – diluted | | | 157,009 | | | 159,717 | | | 160,774 | Earnings per share – diluted | | $ | 1.16 | | $ | 0.46 | | $ | 1.05 |
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