XML 29 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 31, 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 December 31, 2013 consisted of the following:

 

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

Balances at October 1, 2013

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

Granted

      92,149        36.35         859,888        30.17         231,839        29.32   

Exercise of stock options (a)

      (336,345 )      17.56         —          —           —          —     

Vesting of restricted stock units

      —          —           —          —           —          —     

Expired/forfeited

      (92,802 )      20.63         (37,450 )      23.92         (12,452 )      26.03   
  

 

 

       

 

 

       

 

 

    

Balances at December 31, 2013 (b)

      10,304,129      $ 20.71         2,867,445      $ 22.80         805,705      $ 22.75   
  

 

 

       

 

 

       

 

 

    

 

(a) Stock options exercised during the period of October 1, 2013 through December 31, 2013 had an intrinsic value of $6.0 million.
(b) As of December 31, 2013, the Company’s outstanding “in the money” stock options using the December 31, 2013 closing stock price of $39.52 (approximately 8.0 million shares) had an aggregate intrinsic value of $156.3 million. As of December 31, 2013, time-based restricted stock units and performance-based restricted stock units expected to vest using the December 31, 2013 share price of $39.52 (approximately 2.5 million and 0.8 million shares, respectively) had an aggregate intrinsic value of $100.3 million and $33.2 million, respectively.
(c) Stock options outstanding as of December 31, 2013 have a weighted-average remaining contractual life of 5.2 years and 8.0 million stock options are exercisable.

 

The activity related to the Company’s incentive equity awards for the six months ended December 31, 2013 consisted of the following:

 

     Stock Options      Time-based
Restricted Stock Units		      Performance-based
Restricted Stock Units		  
     Number of
Options		     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

      107,555        35.62         872,035        30.17         250,544        29.30   

Exercise of stock options (a)

      (666,812 )      17.74         —          —           —          —     

Vesting of restricted stock units (b)

      —          —           —          —           (5,210 )      23.30   

Expired/forfeited

      (122,096 )      21.15         (91,424 )      21.07         (12,452 )      26.03   
  

 

 

       

 

 

       

 

 

    

Balances at December 31, 2013

      10,304,129      $ 20.71         2,867,445      $ 22.80         805,705      $ 22.75   
  

 

 

       

 

 

       

 

 

    

 

(a) Stock options exercised during the period of July 1, 2013 through December 31, 2013 had an intrinsic value of $10.0 million.
(b) Performance-based restricted stock units that vested during the period of July 1, 2013 through December 31, 2013 had a fair value of $0.1 million.