STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Sep. 30, 2019

Equity [Abstract]

Schedule of Stockholders Equity

Changes in the components of Stockholders’ equity were as follows for the periods indicated:

	Three Months Ended September 30
	Common Stock			Additional Paid-in Capital			Retained Earnings			Treasury Stock					Accumulated Other Comprehensive Net (Loss) Income			Total Stockholders’ Equity
	Amount		Shares (in thousands)							Amount			Shares (in thousands)
Balance as of June 30, 2018	$	159	158,741	$	975		$	2,797		$	(2,658	)	(30,759	)	$	(547	)	$	726
Cumulative effect of accounting changes, net of tax (1)							(3		)									(3		)
Net earnings							210											210
Other comprehensive income (loss)															—			—
Dividends ($0.96 per share declared)							(123		)									(123		)
Stock-based compensation				8														8
Other employee stock plan activities				1			2			54			1,046					57
Treasury stock purchased										(198		)	(1,423	)				(198		)
Balance as of September 30, 2018	$	159	158,741	$	984		$	2,883		$	(2,802	)	(31,136	)	$	(547	)	$	677
Balance as of June 30, 2019	$	159	158,741	$	1,046		$	3,150		$	(3,194	)	(33,055	)	$	(602	)	$	559
Cumulative effect of accounting changes, net of tax (2)							22											22
Net earnings							203											203
Other comprehensive income (loss)															(13		)	(13		)
Dividends ($1.06 per share declared)							(134		)									(134		)
Stock-based compensation				6														6
Other employee stock plan activities				(9		)	—			20			472					11
Treasury stock purchased										(104		)	(663	)				(104		)
Balance as of September 30, 2019	$	159	158,741	$	1,043		$	3,241		$	(3,278	)	(33,246	)	$	(615	)	$	550

(1) As a result of adopting ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” on July 1, 2018, the Company recorded a cumulative effect of initially applying the new guidance as an adjustment to the fiscal year 2019 opening balance of Retained earnings.

(2) As a result of adopting ASU No. 2016-02, “Leases (Topic 842),” on July 1, 2019, the Company recorded a cumulative effect of initially applying the new guidance as an adjustment to the fiscal year 2020 opening balance of Retained earnings. See Note 1 for more information.

Schedule of Share Repurchases Under Authorized Programs

Stock repurchases under the two stock repurchase programs were as follows for the periods indicated:

	Three Months Ended
	9/30/2019			9/30/2018
	Amount		Shares (in thousands)	Amount		Shares (in thousands)
Open-market purchase program	$	—	—	$	78	591
Evergreen Program	104		663	120		832
Total stock repurchases	$	104	663	$	198	1,423

Schedule of Changes in Accumulated Other Comprehensive Net (Losses) Income

Changes in Accumulated other comprehensive net (loss) income by component were as follows for the periods indicated:

	Three Months Ended September 30
	Foreign currency translation adjustments			Net unrealized gains (losses) on derivatives			Pension and postretirement benefit adjustments			Accumulated other comprehensive (loss) income
Balance as of June 30, 2018	$	(384	)	$	(25	)	$	(138	)	$	(547	)
Other comprehensive income (loss) before reclassifications	(2		)	4			—			2
Amounts reclassified from Accumulated other comprehensive net (loss) income	—			(3		)	2			(1		)
Income tax benefit (expense)	—			—			(1		)	(1		)
Net current period other comprehensive income (loss)	(2		)	1			1			—
Balance as of September 30, 2018	$	(386	)	$	(24	)	$	(137	)	$	(547	)
Balance as of June 30, 2019	$	(414	)	$	(23	)	$	(165	)	$	(602	)
Other comprehensive income (loss) before reclassifications	(15		)	1			—			(14		)
Amounts reclassified from Accumulated other comprehensive net (loss) income	—			2			2			4
Income tax benefit (expense), and other	(1		)	(1		)	(1		)	(3		)
Net current period other comprehensive income (loss)	(16		)	2			1			(13		)
Balance as of September 30, 2019	$	(430	)	$	(21	)	$	(164	)	$	(615	)