XML 45 R31.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock Based Compensation (Tables)
12 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
A summary of option plan activity under the plan is as follows:
 Number of SharesWeighted Average Exercise PriceAggregate
 Intrinsic
 Value
Outstanding July 1, 201932 $87.27 
Granted— — 
Forfeited— — 
Exercised(10)87.27 
Outstanding July 1, 202022 87.27 
Granted— — 
Forfeited— — 
Exercised— — 
Outstanding July 1, 202122 87.27  
Granted   
Forfeited   
Exercised(10)87.27  
Outstanding June 30, 202212 $87.27 $1,084 
Vested and Expected to Vest June 30, 202212 $87.27 $1,084 
Exercisable June 30, 202212 $87.27 $1,084 
Schedule of Nonvested Restricted Stock Activity [Table Text Block]
The following table summarizes non-vested share awards activity:
Share awardsSharesWeighted
Average
Grant Date
Fair Value
Outstanding July 1, 2019$87.27 
Granted— — 
Vested(6)87.27 
Forfeited— — 
Outstanding July 1, 2020— — 
Granted— — 
Vested— — 
Forfeited— — 
Outstanding July 1, 2021— — 
Granted— — 
Vested— — 
Forfeited— — 
Outstanding June 30, 2022— — 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] The following table summarizes non-vested unit awards with service requirements only and those tied to service requirements and performance measures as of June 30, 2022, as well as activity for the fiscal year then ended:
Unit awardsSharesWeighted
Average
Grant Date
Fair Value
Aggregate
 Intrinsic
 Value
Outstanding July 1, 2019298 $107.00 
Granted1
139 157.94 
Vested(69)98.25 
Forfeited2
(61)85.33 
Outstanding July 1, 2020307 136.41 
Granted1
113 170.69 
Vested(124)111.08 
Forfeited2
(2)140.46 
Outstanding July 1, 2021294 160.22 
Granted1
135 178.60 
Vested(71)145.50 
Forfeited2
(55)189.33 
Outstanding June 30, 2022303 $166.50$54,548
1Granted includes restricted stock unit awards and performance unit awards at 100% achievement.
2Forfeited includes restricted stock unit awards and performance unit awards forfeited for service requirements not met and performance unit awards not settled due to underachievement of performance measures.
ScheduleOfShareBasedPaymentAwardRSUValuationAssumptionsTableTextBlock [Table Text Block] The weighted average assumptions used in the Monte Carlo pricing model to estimate fair value at the grant dates for awards with performance targets and service requirements are as follows:
Year Ended June 30,
Monte Carlo award inputs:202220212020
Compensation Peer Group:1
Volatility28.6 %25.2 %16.8 %
Risk free interest rate0.32 %0.11 %1.34 %
Annual dividend based on most recent quarterly dividend$1.84 $1.72 $1.60 
Dividend yield1.1 %1.0 %1.1 %
Beginning average percentile rank for TSR65 %37 %63 %
S&P 1500 IT Index:
Volatility25.2 %16.8 %
Risk free interest rate0.11 %1.34 %
Annual dividend based on most recent quarterly dividend$1.72 $1.60 
Dividend yield1.0 %1.1 %
Beginning average percentile rank for TSR30 %61 %
1For fiscal 2022, S&P 1500 S&S Index participants were included in the Compensation Peer Group.