SHARE-BASED COMPENSATION PLANS

3 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Share-based compensation expense is recognized on a straight-line basis over the requisite service period. Total share-based compensation is shown in the table below:



	Three Months Ended September 30,
	2019		2018
Equity plan expense	$	6.2	$	6.4
Fringe expense	0.1		—
Total share-based compensation expense	$	6.3	$	6.4

The share-based compensation expense for the three months ended September 30, 2019 and 2018, respectively, of $6.3 and $6.4 include $8.8 and $9.3 expense offset by $2.5 and $2.9 income, respectively, primarily due to significant executive forfeitures of share-based compensation instruments.

As of September 30, 2019, the total unrecognized share-based compensation expense related to stock options, Series A and A-1 Preferred Stock and restricted and other share awards is $39.9, $8.6 and $72.3, respectively. The unrecognized share-based compensation expense related to stock options, Series A and A-1 Preferred stock and restricted and other share awards is expected to be recognized over a weighted-average period of 4.00, 4.19 and 3.28 years, respectively.

Restricted Share Units and Other Share Awards

The Company granted approximately nil RSUs and other share awards during the three months ended September 30, 2019. The Company recognized share-based compensation expense of $5.0 and $4.1 for the three months ended September 30, 2019 and 2018, respectively.

Series A Preferred Stock and Series A-1 Preferred Stock

The Company granted no shares of Series A Preferred Stock and no shares of Series A-1 Preferred Stock during the three months ended September 30, 2019. The Company recognized share-based compensation expense (income) of $0.5 and $(0.1) for the three months ended September 30, 2019 and 2018, respectively.

Non-Qualified Stock Options

The Company granted no non-qualified stock options during the three months ended September 30, 2019. The Company recognized share-based compensation expense of $0.8 and $2.4 for the three months ended September 30, 2019 and 2018, respectively.