Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.8.0.1
Net Income Per Share (Tables)
3 Months Ended
Sep. 30, 2017
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
September 30,
2017
 
2016
Numerator:
 
 
 
Net income
$
280,936

 
$
178,101

Denominator:
 
 
 
Weighted-average shares-basic, excluding unvested restricted stock units
156,826

 
156,129

Effect of dilutive restricted stock units and options(1)
1,020

 
892

Weighted-average shares-diluted
157,846

 
157,021

Basic net income per share
$
1.79

 
$
1.14

Diluted net income per share
$
1.78

 
$
1.13

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

 
45


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