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Common Stock and Share-based Compensation Plans (Tables)
12 Months Ended
Jun. 30, 2015
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,
2015

 
2014

 
2013

Shares issued (in thousands)
72

 
86

 
130

Average fair value
$
7.52

 
$
7.59

 
$
5.55

Average purchase price
39.95

 
40.30

 
29.50

Average market price
50.83

 
48.36

 
38.56


Schedule of Share-based Compensation, Restricted Stock Activity
The Company's restricted stock activity during the year ended June 30, 2015, 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, 2014
565

 
 
 
$
35.77

 
 
 
 
 
Granted
9

 
 
 
51.22

 
 
 
 
 
Vested
(186
)
 
 
 
26.72

 
 
 
 
 
Forfeited
(23
)
 
 
 
40.00

 
 
 
 
 
Nonvested at June 30, 2015
365

 
 
 
40.48

 
 
 
$
19,075

 
Schedule of Share-based Compensation, Restricted Stock Units Activity
The Company's restricted stock unit activity during the year ended June 30, 2015, was as follows:

Restricted Stock Units
Shares

 
 
Weighted Average
Grant Date
Fair Value
 
Aggregate
Intrinsic
Value
(Shares and Aggregate Intrinsic Value in thousands)
 
 
 
 
 
 
 
 
 
 
Nonvested at June 30, 2014

 
 
 
$

 
 
 
 
 
Granted
173

 
 
 
46.21

 
 
 
 
 
Vested
(3
)
 
 
 
45.69

 
 
 
 
 
Forfeited
(11
)
 
 
 
46.19

 
 
 
 
 
Nonvested at June 30, 2015
159

 
 
 
46.22

 
 
 
$
8,314

 
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, 2015:

Stock Equivalent Units
Units
 
Weighted Average
Issue Date
Fair Value
 
Aggregate Intrinsic Value
(Units and Aggregate Intrinsic Value in thousands)
 
 
 
 
 
 
 
 
 
Balance at June 30, 2014
229

 
 
$
38.19

 
 
 
 
 
Additions
40

 
 
46.33

 
 
 
 
 
Converted to common stock
(4
)
 
 
28.88

 
 
 
 
 
Balance at June 30, 2015
265

 
 
36.12

 
 
 
$
4,251

 
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, 2014
3,878

 
 
$
40.26

 
 
 
 
 
 
Granted
467

 
 
46.30

 
 
 
 
 
 
Exercised
(1,018
)
 
 
37.00

 
 
 
 
 
 
Forfeited
(658
)
 
 
48.40

 
 
 
 
 
 
Outstanding June 30, 2015
2,669

 
 
40.55

 
 
6.0
 
$
31,882

 
Exercisable June 30, 2015
1,225

 
 
39.15

 
 
3.7
 
16,856

 
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,
2015

 
2014

 
2013

Risk-free interest rate
1.4-2.8%

 
1.9-2.1%

 
0.4-1.3%

Expected dividend yield
4.00
%
 
4.20
%
 
5.00
%
Expected option life
7-8 yrs

 
7-8 yrs

 
7-8 yrs

Expected stock price volatility
37
%
 
36
%
 
35
%