XML 60 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation (Tables)
6 Months Ended
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Following are the assumptions used in the Black-Scholes valuation model for NQOs granted during the six months ended December 31, 2018.

 
 
Six Months Ended December 31, 2018
Weighted average fair value of NQOs
 
$
7.78

Risk-free interest rate
 
3.0
%
Dividend yield
 
%
Average expected term
 
4.6 years

Expected stock price volatility
 
29.6
%
Schedule of Share-based Compensation, Nonvested Restricted Stock Shares Activity
The following table summarizes restricted stock activity for the six months ended December 31, 2018:
Outstanding and Nonvested Restricted Stock Awards:
 
Shares
Awarded
 
Weighted
Average
Grant Date
Fair Value
($)
 
Weighted
Average
Remaining
Life
(Years)
 
Aggregate
Intrinsic
Value
($ in thousands)
Outstanding and nonvested at June 30, 2018
 
14,958

 
33.48

 
1.7
 
457

Granted
 
16,266

 
23.98

 
0.9
 
390

Vested/Released
 
(12,722
)
 
33.81

 
 
315

Cancelled/Forfeited
 

 

 
 

Outstanding and nonvested at December 31, 2018
 
18,502

 
24.90

 
1.0
 
432

Expected to vest at December 31, 2018
 
17,611

 
24.88

 
1.0
 
411


Schedule of Nonvested Performance-Based Restricted Stock Units Activity
The following table summarizes PBRSU activity for the six months ended December 31, 2018:
Outstanding and Nonvested PBRSUs:
 
PBRSUs
Awarded(1)
 
Weighted
Average
Grant Date
Fair Value
($)
 
Weighted
Average
Remaining
Life
(Years)
 
Aggregate
Intrinsic
Value
($ in thousands)
Outstanding and nonvested at June 30, 2018
 
35,732

 
31.70

 
3.4

 
1,092

Granted(1)
 
47,928

 
25.04

 
2.9

 
1,200

Vested/Released
 

 

 

 

Cancelled/Forfeited
 
(1,567
)
 
31.70

 

 

Outstanding and nonvested at December 31, 2018
 
82,093

 
27.81

 
2.5

 
1,915

Expected to vest at December 31, 2018
 
73,095

 
27.34

 
2.5

 
1,705

NQOs | Vested  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes NQO activity for the six months ended December 31, 2018:
Outstanding NQOs:
 
Number
of NQOs
 
Weighted
Average
Exercise
Price ($)
 
Weighted
Average
Grant Date
Fair Value ($)
 
Weighted
Average
Remaining
Life
(Years)
 
Aggregate
Intrinsic
Value
($ in thousands)
Outstanding at June 30, 2018
 
161,324

 
26.82
 
9.24
 
5.1
 
741

Granted
 
154,263

 
25.04
 
7.78
 
6.9
 

Exercised
 
(28,798
)
 
11.32
 
5.33
 
 
466

Cancelled/Forfeited
 
(4,769
)
 
31.70
 
10.41
 
 

Outstanding at December 31, 2018
 
282,020

 
27.35
 
9.30
 
6.2
 
112

Vested and exercisable at December 31, 2018
 
50,106

 
27.71
 
9.54
 
4.8
 
112

Vested and expected to vest at December 31, 2018
 
263,507

 
27.38
 
9.32
 
6.2
 
112

PNQs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes PNQ activity for the six months ended December 31, 2018:
Outstanding PNQs:
 
Number
of
PNQs
 
Weighted
Average
Exercise
Price ($)
 
Weighted
Average
Grant Date
Fair Value ($)
 
Weighted
Average
Remaining
Life
(Years)
 
Aggregate
Intrinsic
Value
($ in 
thousands)
Outstanding at June 30, 2018
 
300,708

 
27.08
 
10.89
 
4.00
 
1,207

Granted
 

 
 
 
 

Exercised
 
(5,806
)
 
22.70
 
10.29
 
 
17

Cancelled/Forfeited
 
(5,021
)
 
31.09
 
11.44
 
 

Outstanding at December 31, 2018
 
289,881

 
27.10
 
10.89
 
3.49
 
118

Vested and exercisable at December 31, 2018
 
267,317

 
26.61
 
10.85
 
3.37
 
118

Vested and expected to vest at December 31, 2018
 
288,943

 
27.08
 
10.89
 
3.48
 
118