XML 27 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Incentive Equity Awards
The activity related to the Company’s incentive equity awards for the three months ended December 31, 2014 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 October 1, 2014
9,056,780

 
$
24.21

 
1,869,426

 
$
25.87

 
694,527

 
$
26.53

Granted
110,370

 
45.09

 
666,209

 
38.97

 
177,546

 
38.35

Exercise of stock options (a)
(706,764
)
 
20.15

 
—

 
—

 
—

 
—

Vesting of restricted stock units (b)
—

 
—

 
(9,044
)
 
25.59

 
—

 
—

Expired/forfeited
(50,228
)
 
24.09

 
(19,922
)
 
28.83

 
(4,059
)
 
36.40

Balances at December 31, 2014 (c)
8,410,158

 
$
24.83

 
2,506,669

 
$
29.33

 
868,014

 
$
28.90


____________
(a)
Stock options exercised during the period of October 1, 2014 through December 31, 2014 had an aggregate intrinsic value of $17.6 million.
(b)
Time-based and performance-based restricted stock units that vested during the period of October 1, 2014 through December 31, 2014 had a fair value of $0.2 million.
(c)
As of December 31, 2014, the Company's outstanding "in the money" stock options using the December 31, 2014 closing stock price of $46.18 (approximately 5.3 million shares) had an aggregate intrinsic value of $130.3 million. As of December 31, 2014, time-based restricted stock units and performance-based restricted stock units expected to vest using the December 31, 2014 share price of $46.18 (approximately 2.3 million and 0.8 million shares, respectively) had an aggregate intrinsic value of $106.1 million and $39.0 million, respectively.
(d)
Stock options outstanding as of December 31, 2014 have a weighted-average remaining contractual life of 5.8 years and 5.3 million stock options are exercisable.
The activity related to the Company’s incentive equity awards for the six months ended December 31, 2014 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, 2014
9,847,291

 
$
23.73

 
1,866,408

 
$
25.69

 
662,282

 
$
26.30

Granted
136,630

 
44.24

 
694,429

 
38.94

 
215,840

 
36.91

Exercise of stock options (a)
(1,517,837
)
 
19.49

 
—

 
—

 
—

 
—

Vesting of restricted stock units (b)
—

 
—

 
(10,024
)
 
25.55

 
(5,210
)
 
23.30

Expired/forfeited
(55,926
)
 
23.43

 
(44,144
)
 
27.66

 
(4,898
)
 
34.84

Balances at December 31, 2014
8,410,158

 
$
24.83

 
2,506,669

 
$
29.33

 
868,014

 
$
28.90

_____________
(a)
Stock options exercised during the period of July 1, 2014 through December 31, 2014 had an aggregate intrinsic value of $36.0 million.
(b)
Time-based and performance-based restricted stock units that vested during the period of July 1, 2014 through December 31, 2014 had a fair value of $0.4 million.