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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 30, 2011
Stock Based Compensation [Abstract] 
Assumptions used in our Black-Scholes valuation
                 
     2011      2010   

 

 Risk-free interest rate

    1.2%       1.4%  

 Expected life (years) (2)

    4.5        4.5   

 Expected volatility (3)

    47.5%       47.0%  

 Expected dividend yield

    1.5%       2.0%  
                 

 

  (2) 

Expected life is derived from historical experience.

  (3)

Expected volatility is based on the historical volatility of our common stock.

Changes in stock options
                                 
     Options         Weighted
Average
Exercise Price
    Weighted
Average
Remaining
Life (years)
   

Aggregate
Intrinsic value

(in thousands)

 

 

 Options outstanding, June 30, 2011

    3,388,003     $             26.50                    

 Granted

    354,618       38.95                    

 Exercised

    (129,475     27.70                    

 Lapsed and forfeited

    (16,833     30.42                    
                                 

 Options outstanding, September 30, 2011

    3,596,313     $ 27.67         6.3     $         22,776  
                                 

 Options vested and expected to vest, September 30, 2011

    3,489,292     $ 27.61         6.2     $ 22,235  
                                 

 Options exercisable, September 30, 2011

    2,353,830     $         26.89         5.1     $ 16,021  
                                 
Restricted Stock Awards
                 
     Shares     Weighted
Average Fair
Value
 

 Unvested restricted stock awards, June 30, 2011

    89,315       $           32.90    

 Vested

    (45,596)        33.79    

 Forfeited

    (291)        29.60    
                 

 Unvested restricted stock awards, September 30, 2011

    43,428       $           31.99    
                 
Changes in time vesting and performance vesting restricted stock units
                                 
    

Performance

Vesting

Stock

Units

   

Performance

Vesting

Weighted
Average Fair
Value

    Time Vesting
Stock Units
    Time Vesting
Weighted
Average Fair
Value
 

 Unvested performance vesting and time vesting restricted stock units, June 30, 2011

    116,368       $               26.89         906,082      $ 25.81    

 Granted

    129,977         38.95         333,595        38.95    

 Vested

    -             -             (197,315)       25.60    

 Forfeited

    -             -             (4,493)       31.27    
                                 

 Unvested performance vesting and time vesting restricted stock units, September 30, 2011

    246,345       $ 31.27         1,037,869      $             30.05    
                                 
Changes in the EPS performance-based portion of STEP restricted stock units
                 
    

Stock

Units

    Weighted
Average Fair
Value
 

 Unvested EPS performance-based restricted stock units, June 30, 2011

    431,789      $           35.23    

 Forfeited

    (431,789)       35.23    
                 

 Unvested EPS performance-based restricted stock units, September 30, 2011

    -          $ -        
                 
Changes in the TSR performance-based STEP restricted stock units
                 
    

Stock

Units

    Weighted
Average Fair
Value
 

 Unvested TSR performance-based restricted stock units, June 30, 2011

    232,497      $ 8.21    

 Forfeited

    (232,497)       8.21    
                 

 Unvested TSR performance-based restricted stock units, September 30, 2011

    -          $               -