Common Stock and Share-based Compensation Plans (Tables)

12 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity

Information about the shares issued under this plan is as follows:

Years ended June 30,	2014		2013		2012
Shares issued (in thousands)	86		130		135
Average fair value	$	7.59	$	5.55	$	4.43
Average purchase price	40.30		29.50		22.60
Average market price	48.36		38.56		29.15

Schedule of Share-based Compensation, Restricted Stock Activity

The Company's restricted stock activity during the year ended June 30, 2014, was as follows:

Restricted Stock	Shares		Weighted Average Grant Date Fair Value			Aggregate Intrinsic Value
(Shares and Aggregate Intrinsic Value in thousands)
Nonvested at June 30, 2013	576			$	30.96
Granted	179			48.01
Vested	(146	)		31.79
Forfeited	(44	)		35.71
Nonvested at June 30, 2014	565			35.77			$	27,341

Schedule of Share-based Compensation, Stock Equivalent Units Activity

The following table summarizes the activity for stock equivalent units during the year ended June 30, 2014:

Stock Equivalent Units	Units		Weighted Average Issue Date Fair Value			Aggregate Intrinsic Value
(Units and Aggregate Intrinsic Value in thousands)
Balance at June 30, 2013	201			$	35.60
Additions	42			49.45
Converted to common stock	(14	)		35.31
Balance at June 30, 2014	229			38.19			$	2,332

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity and weighted average exercise prices follows:

Stock Options	Options		Weighted Average Exercise Price			Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
(Options and Aggregate Intrinsic Value in thousands)
Outstanding July 1, 2013	4,916			$	39.76
Granted	464			48.23
Exercised	(1,323	)		41.21
Forfeited	(179	)		40.11
Outstanding June 30, 2014	3,878			40.26		5.0	$	35,305
Exercisable June 30, 2014	2,155			44.39		2.6	12,300

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following summarizes the assumptions used in determining the fair value of options granted:

Years ended June 30,	2014		2013		2012
Risk-free interest rate	1.9-2.1%		0.4-1.3%		0.4-1.6%
Expected dividend yield	4.20	%	5.00	%	5.00	%
Expected option life	7-8 yrs		7-8 yrs		7-8 yrs
Expected stock price volatility	36	%	35	%	32	%