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):
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Quarter Ended |
|
Nine Months Ended |
|
|
|
March 31, |
|
March 31, |
|
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
|
Earnings per share – basic: |
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|
|
|
|
|
|
|
|
|
|
|
|
Net earnings |
|
$ |
22,588 |
|
$ |
49,059 |
|
$ |
91,078 |
|
$ |
127,517 |
|
Income allocated to participating securities |
|
|
(3) |
|
|
(5) |
|
|
(14) |
|
|
(24) |
|
Income available to common shareholders |
|
$ |
22,585 |
|
$ |
49,054 |
|
$ |
91,064 |
|
$ |
127,493 |
|
Weighted-average shares outstanding – basic |
|
|
157,372 |
|
|
157,309 |
|
|
158,117 |
|
|
157,655 |
|
Earnings per share – basic |
|
$ |
0.14 |
|
$ |
0.31 |
|
$ |
0.58 |
|
$ |
0.81 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share – diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings |
|
$ |
22,588 |
|
$ |
49,059 |
|
$ |
91,078 |
|
$ |
127,517 |
|
Income allocated to participating securities |
|
|
(3) |
|
|
(5) |
|
|
(14) |
|
|
(24) |
|
Income available to common shareholders |
|
$ |
22,585 |
|
$ |
49,054 |
|
$ |
91,064 |
|
$ |
127,493 |
|
Weighted-average shares outstanding – basic |
|
|
157,372 |
|
|
157,309 |
|
|
158,117 |
|
|
157,655 |
|
Dilutive effect of stock options and restricted stock units |
|
|
1,572 |
|
|
3,187 |
|
|
2,545 |
|
|
3,162 |
|
Weighted-average common shares outstanding – diluted |
|
|
158,944 |
|
|
160,496 |
|
|
160,662 |
|
|
160,817 |
|
Earnings per share – diluted |
|
$ |
0.14 |
|
$ |
0.31 |
|
$ |
0.57 |
|
$ |
0.79 |
|
|