EQUITY-BASED COMPENSATION PLANS (Tables)

9 Months Ended

Mar. 31, 2019

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

Recognized Equity Based Compensation Expense and Related Income Tax Benefit

The Company recognized the following equity-based compensation expense (including expense related to the employee stock purchase plan) and related income tax benefit in the Condensed Consolidated Statements of Operations:

	Three Months Ended				Nine Months Ended
	March 31, 2019		March 25, 2018		March 31, 2019		March 25, 2018
	(in thousands)
Equity-based compensation expense	$	53,240	$	41,095	$	142,389	$	125,002
Income tax benefit recognized related to equity-based compensation expense	$	28,337	$	46,366	$	42,204	$	77,842

Summary of Stock Plan Transactions

The following table summarizes stock option activity: 

	Options Outstanding
	Number of Shares		Weighted- Average Exercise Price
June 24, 2018	482,928		$	86.53
Granted	181,450		164.54
Exercised	(69,948	)	73.18
Expired or forfeited	(59,068	)	126.05
March 31, 2019	535,362		$	110.35

The following table summarizes restricted stock activity:

	Service-based RSUs Outstanding				Market-based PRSUs Outstanding
	Number of Shares		Weighted- Average Grant Date Fair Value		Number of Shares		Weighted- Average Grant Date Fair Value
June 24, 2018	2,193,088		$	134.34	693,726		$	104.59
Granted	873,769		161.34		163,529		165.78
Vested	(1,101,015	)	114.64		(301,622	)	70.58
Expired or Forfeited	(126,148	)	138.44		(117,851	)	104.52
March 31, 2019	1,839,694		$	158.65	437,782		$	144.35