Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.6.0.2
Net Income Per Share (Tables)
6 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share:
(In thousands, except per share amounts)
Three months ended
December 31,
 
Six months ended
December 31,
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income
$
238,251

 
$
152,207

 
$
416,352

 
$
257,104

Denominator:
 
 
 
 
 
 
 
Weighted-average shares-basic, excluding unvested restricted stock units
156,335

 
155,252

 
156,232

 
156,036

Effect of dilutive restricted stock units and options(1)
788

 
744

 
839

 
935

Weighted-average shares-diluted
157,123

 
155,996

 
157,071

 
156,971

Basic net income per share
$
1.52

 
$
0.98

 
$
2.66

 
$
1.65

Diluted net income per share
$
1.52

 
$
0.98

 
$
2.65

 
$
1.64

Anti-dilutive securities excluded from the computation of diluted net income per share
2

 
139

 
56

 
182


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(1) The Company has not had any outstanding stock options since August 2016.