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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Sep. 30, 2019
Schedule of Employee Service Share-Based Compensation Allocation of Recognized Period Costs

Three Months Ended September 30,

2019

    

2018

(in millions)

Included in:

Operating costs

$

3.2

$

2.7

Selling, general and administrative expenses

24.0

24.0

Total stock-based compensation expense

$

27.2

$

26.7

Part A restricted stock units

$

22.7

$

23.3

Part B restricted stock units

3.8

2.9

Part C restricted stock units

0.7

0.5

Total stock-based compensation expense

$

27.2

$

26.7

Summary of Part B RSU Issuance

During the Three Months Ended

September 30,
2019

Part B RSUs granted

64,705

Maximum eligible shares of the Company's common stock

446,465

Grant date fair value per Part B RSU

$

69.86

Units converted to the Company's common stock at vesting date

n/a

During the Three Months Ended

June 30,

2019

    

March 31,

2019

    

December 31,

2018

    

September 30,

2018

Part B RSUs granted

    

75,370

98,342

61,123

58,418

Maximum eligible shares of the Company's common stock

520,053

678,560

421,749

403,084

Grant date fair value per Part B RSU

$

63.67

$

52.81

$

22.43

$

64.41

Units converted to the Company's common stock at vesting date

n/a

n/a

n/a

Part A restricted stock units  
Summary of Restricted Stock Units Activity

The following table summarizes the Company’s Part A RSU activity for the three months ended September 30, 2019:

    

Number of Part A
RSUs

    

Weighted average
grant-date fair
value per share

    

Weighted average
remaining contractual
term in months

Outstanding at July 1, 2019

2,324,396

$

28.49

6.6

Granted

640,191

33.73

Vested

(552,064)

25.93

Forfeited

(74,448)

n/a

Outstanding at September 30, 2019

2,338,075

$

30.39

5.8

Part B restricted stock units  
Summary of Restricted Stock Units Activity

The following table summarizes the Company’s Part B RSU activity for the three months ended September 30, 2019:

    

Number of Part B
RSUs

    

Weighted average
grant-date fair
value per unit

    

Weighted average
remaining contractual
term in months

Outstanding at July 1, 2019

289,254

$

49.73

8.0

Granted

64,705

69.86

Vested

(57,336)

64.41

Forfeited

n/a

Outstanding at September 30, 2019

296,623

$

51.28

7.5