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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Incentive Equity Awards

The activity related to the Company’s incentive equity awards for the three months ended September 30, 2013 consisted of the following:

 

     Stock Options      Time-based
Restricted Stock Units
     Performance-based
Restricted Stock Units
 
     Number of
Options (d)
    Weighted-
Average
Exercise
Price
     Number
of Shares
    Weighted-
Average
Grant Date
Fair Value
     Number
of
Shares
    Weighted-
Average
Grant Date
Fair Value
 

Balances at July 1, 2013

     10,985,482      $ 20.39         2,086,834      $ 19.65         572,823      $ 19.96   

Granted

     15,406        31.28         12,147        30.10         18,705        28.96   

Exercise of stock options (a)

     (330,467     17.92         —         —          —         —    

Vesting of restricted stock units (b)

     —          —           —          —           (5,210     23.30   

Expired/forfeited

     (29,294     23.11         (53,974     19.46         —          —     
  

 

 

      

 

 

      

 

 

   

Balances at September 30, 2013 (c)

     10,641,127      $ 20.47         2,045,007      $ 19.72         586,318      $ 20.22   
  

 

 

      

 

 

      

 

 

   

 

(a) Stock options exercised during the period of July 1, 2013 through September 30, 2013 had an intrinsic value of $4.0 million.
(b) Performance-based restricted stock units that vested during the period of July 1, 2013 through September 30, 2013 had a fair value of $0.1 million.
(c) As of September 30, 2013, the Company’s outstanding “in the money” stock options using the September 30, 2013 closing stock price of $31.75 (approximately 8.3 million shares) had an aggregate intrinsic value of $99.3 million. As of September 30, 2013, time-based restricted stock units and performance-based restricted stock units expected to vest using the September 30, 2013 share price of $31.75 (approximately 1.8 million and 0.6 million shares, respectively) had an aggregate intrinsic value of $58.2 million and $19.7 million, respectively.
(d) Stock options outstanding as of September 30, 2013 have a weighted-average remaining contractual life of 5.3 years and 8.3 million stock options are exercisable.