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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Mar. 31, 2017
Schedule of Employee Service Share-based Compensation Allocation of Recognized Period Costs

The following tables summarize the Company’s stock-based compensation expense for liability and equity classified awards included in the condensed consolidated statements of operations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

Nine Months Ended March 31,

 

 

2017

    

2016

    

2017

    

2016

 

 

(in millions)

Included in:

 

 

 

 

 

 

 

 

 

 

 

 

Operating costs

 

$

2.1

 

$

3.7

 

$

8.7

 

$

15.5

Selling, general and administrative expenses

 

 

24.4

 

 

29.8

 

 

84.3

 

 

107.0

Total stock-based compensation expense

 

$

26.5

 

$

33.5

 

$

93.0

 

$

122.5

 

 

 

 

 

 

 

 

 

 

 

 

 

CII common units

 

$

 —

 

$

13.6

 

$

10.1

 

$

59.5

Part A restricted stock units

 

 

17.5

 

 

12.7

 

 

57.6

 

 

32.9

Part B restricted stock units

 

 

8.6

 

 

6.9

 

 

24.3

 

 

29.3

Part C restricted stock units

 

 

0.4

 

 

0.3

 

 

1.0

 

 

0.8

Total stock-based compensation expense

 

$

26.5

 

$

33.5

 

$

93.0

 

$

122.5

 

Summary Of Part B RSU Issuance

 

 

 

 

 

 

 

 

 

 

 

 

During the three months ended

 

 

March 31,
2017

    

December 31,
2016

 

September 30,
2016

Part B RSUs granted

 

 

171,316

 

 

191,015

 

 

200,425

Maximum eligible shares of the Company's common stock

 

 

880,564

 

 

981,817

 

 

1,030,185

Grant date fair value per Part B RSU

 

$

27.39

 

$

75.56

 

$

47.00

Units converted to Company's common stock at vesting date

 

 

n/a

 

 

n/a

 

 

n/a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

During the three months ended

 

 

June 30,
2016

    

March 31,
2016

    

December 31,
2015

    

September 30,
2015

Part B RSUs granted

    

 

312,516

 

 

284,773

 

 

282,074

 

 

272,813

Maximum eligible shares of the Company's common stock

 

 

1,606,332

 

 

1,463,733

 

 

1,449,860

 

 

1,426,812

Grant date fair value per Part B RSU

 

$

37.03

 

$

25.12

 

$

25.26

 

$

17.83

Units converted to Company's common stock at vesting date

 

 

1,078,812

 

 

475,446

 

 

40,182

 

 

 —

 

Part A Restricted Stock Units [Member]  
Summary Of Restricted Stock Units Activity

 

 

 

 

 

 

 

 

 

 

 

    

 

Number of Part A
RSUs

    

Weighted average
grant-date fair
value per share

    

 

Weighted average
remaining contractual
term in months

Outstanding at July 1, 2016

 

 

2,169,901

 

$

26.04

 

 

7.9

Granted

 

 

1,988,570

 

 

31.56

 

 

 

Vested

 

 

(1,475,020)

 

 

25.29

 

 

 

Forfeited

 

 

(290,860)

 

 

n/a

 

 

 

Outstanding at March 31, 2017

 

 

2,392,591

 

$

30.67

 

 

7.2

 

Part B Restricted Stock Units [Member]  
Summary Of Restricted Stock Units Activity

 

 

 

 

 

 

 

 

 

 

 

    

 

Number of Part B
RSUs

    

Weighted average
grant-date fair
value per unit

    

 

Weighted average
remaining contractual
term in months

Outstanding at July 1, 2016

 

 

860,936

 

$

29.50

 

 

6.2

Granted

 

 

562,756

 

 

50.72

 

 

 

Vested

 

 

(652,532)

 

 

29.46

 

 

 

Forfeited

 

 

(211,398)

 

 

n/a

 

 

 

Outstanding at March 31, 2017

 

 

559,762

 

$

50.72

 

 

5.8