STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2018

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

Schedule of weighted average fair values per stock-based compensation award granted

Using the fair value of each grant on the date of grant, the weighted average fair values per stock-based compensation award granted during fiscal years 2018, 2017 and 2016 were as follows:

	2018		2017		2016
SARs	$	—	$	3.68	$	3.51
RSAs & RSUs	13.43		11.73		11.18
PSUs	15.74		12.28		12.11

Schedule of assumptions used in determining estimated fair value of stock options, SARs and market-based RSUs granted

The significant assumptions used in determining the estimated fair value of SARs granted during fiscal years 2018, 2017 and 2016 were as follows:

	2018	2017	2016
Risk-free interest rate	N/A	1.99%	1.71%
Expected term (in years)	N/A	6.50	6.00
Expected volatility	N/A	31.50%	30.00%
Expected dividend yield	N/A	0%	0%

The significant assumptions used in determining the estimated fair value of the market-based awards granted during fiscal years 2018, 2017 and 2016 were as follows:

	2018	2017	2016
Risk-free interest rate	1.66 - 2.59%	1.21%	N/A
Expected volatility	33.4 - 37.1%	36.5%	N/A
Expected dividend yield	0%	0%	N/A

Schedule of stock-based compensation expense

Stock-based compensation expense was as follows:

	2018			2017		2016
SARs	$	2,252		$	3,533	$	2,774
RSAs, RSUs, & PSUs	6,017			9,609		7,023
Total stock-based compensation expense (recorded in G&A)	8,269			13,142		9,797
Less: Income tax benefit	(1,736		)	—		—
Total stock-based compensation expense, net of tax	$	6,533		$	13,142	$	9,797

Schedule of activity for outstanding SARs and stock options

Activity for all of our outstanding SARs and stock options is as follows:

	Shares (in thousands)				Weighted Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value (in thousands)
	SARs		Stock Options
Outstanding balance at June 30, 2017	2,884		54		$	14.47
Granted	—		—		—
Forfeited/Expired	(1,086	)	(39	)	17.62
Exercised	(280	)	—		12.96
Outstanding balance at June 30, 2018	1,518		15		$	12.44	7.54	$	6,617
Exercisable at June 30, 2018	451		15		$	15.42	4.91	$	848
Unvested awards, net of estimated forfeitures	1,066		—		$	13.05	7.60	$	5,766

Schedule of activity for RSAs and RSUs

Activity for all of our RSUs is as follows:

	Shares/Units (in thousands)		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)
	RSUs
Outstanding balance at June 30, 2017	809		$	12.77
Granted	322		13.43
Forfeited	(88	)	13.40
Vested	(338	)	13.13
Outstanding balance at June 30, 2018	705		$	12.82	$	11,657
Vested at June 30, 2018	189		$	14.42	$	3,123
Unvested awards, net of estimated forfeitures	486		$	12.16	$	8,035

Schedule of activity for PSUs

Activity for all of our PSUs is as follows:

	Shares/Units (in thousands)		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)(1)
	PSUs
Outstanding balance at June 30, 2017	441		$	12.74
Granted	176		15.74
Forfeited	(166	)	12.23
Vested	(113	)	15.23
Outstanding balance at June 30, 2018	338		$	13.72	$	5,589
Vested at June 30, 2018	—		$	—	$	—
Unvested awards, net of estimated forfeitures	285		$	13.38	$	4,711

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(1) Includes actual or expected payout rates as set forth in the performance criteria.