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Equity-Based Compensation (Summary of Stock Options Granted under SAP) (Details) - $ / shares
shares in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Number of options    
Outstanding at the beginning of the year 3,113 [1] 0
Granted 3,838 [2] 3,118 [3]
Cancelled (142) (5)
Exercisable at the end of the year [4] 1,626 0
Outstanding at the end of the year [1] 6,809 3,113
Weighted average exercise price    
Outstanding at the beginning of the year $ 40.25 [1] $ 0
Granted 30.87 40.25
Cancelled 33.37 40.26
Outstanding at the end of the year [1] 35.11 40.25
Exercisable at the end of the year [4] 39.30 0
Weighted average grant-date fair value of options granted $ 6.87 $ 8.67
Weighted average remaining contractual term of options outstanding at the end of the year 5 years 11 months 23 days 6 years 8 months 19 days
Weighted average remaining contractual term of options exercisable at the end of the year 5 years 6 months  
[1] The intrinsic value of options outstanding as of June 30, 2020 and 2019 was $2.8 million and nil, respectively.
[2]

The stock options granted in fiscal 2020 generally have a term of seven years and vest in equal annual installments over a three-year period subject to the participants’ continued employment with the Company.

[3]

In connection with the Distribution, the Compensation Committee granted stock options in March 2019. Approximately 50% of the stock options vested on June 15, 2020 and 50% will vest on June 15, 2021 subject to a service requirement through the vesting date. The options will expire approximately seven years from the grant date.

[4] The intrinsic value of options exercisable as of June 30, 2020 and 2019 was $0.7 million and nil, respectively.