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Stock-Based Compensation
 6 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Stock Options
Changes in our stock options for the six months ended December 31, 2021 were as follows:
OptionsWeighted Average Exercise PriceWeighted Average Remaining Life (years)Aggregate Intrinsic value (in thousands)
Options outstanding, June 30, 2021315,012 $37.83 
Exercised(6,916)31.69 
Lapsed or forfeited(28,000)41.32   
Options outstanding, December 31, 2021280,096 $37.63 2.4$611 
Options vested, December 31, 2021280,096 $37.63 2.4$611 
Options exercisable, December 31, 2021280,096 $37.63 2.4$611 
As of December 31, 2021 and June 30, 2021, there was no unrecognized compensation cost related to options outstanding, and all options were fully vested as of December 31, 2021 and 2020.
The amount of cash received from the exercise of options during the six months ended December 31, 2021 and 2020 was $0.2 million and $3.1 million, respectively. The total intrinsic value of options exercised was $0.1 million and $1.6 million during the six months ended December 31, 2021 and 2020, respectively.
Restricted Stock Units – Performance Vesting and Time Vesting
Changes in our performance vesting and time vesting restricted stock units for the six months ended December 31, 2021 were as follows:
Performance Vesting Stock UnitsPerformance Vesting Weighted Average Fair ValueTime Vesting Stock UnitsTime Vesting Weighted Average Fair Value
Unvested, June 30, 2021500,477 $32.53 1,332,740 $31.72 
Granted194,821 36.70 504,752 36.64 
Vested(36,455)40.10 (506,654)32.17 
Performance metric adjustments, net(150,711)31.18 — — 
Forfeited(11,541)30.51 (38,064)31.64 
Unvested, December 31, 2021496,591 $34.07 1,292,774 $33.46 
During the six months ended December 31, 2021 and 2020, compensation expense related to time vesting and performance vesting restricted stock units was $12.6 million and $12.3 million, respectively. Certain performance metrics were not met, resulting in an adjustment of 150,711 performance vesting stock units during the six months ended December 31, 2021. As of December 31, 2021, the total unrecognized compensation cost related to unvested time vesting and performance vesting restricted stock units was $32.2 million and is expected to be recognized over a weighted average period of 2.1 years.