Share-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2016

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Schedule of Fair Value of Each Option Award Estimated on Date of Grant Using Black-Scholes Option Valuation Model

The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model, which uses the assumptions noted in the following table. There were no options granted during the nine months ended March 31, 2016.

	Nine Months Ended March 31, 2015
Expected volatility	31.6% - 39.3%
Weighted-average volatility		35.9%
Expected annual dividend	$1.32
Expected term (in years)	2.12 - 4.46
Risk-free rate	0.4% - 1.4%

Summary of Stock Option Activity

A summary of option activity under the Plans as of March 31, 2016 and changes during the nine months ended March 31, 2016 is presented below:

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at June 30, 2015		837,398		$	70.40		5.62	$	40,864
Granted		0			0.00
Exercised		(120,677	)		53.25
Forfeited or expired		(27,128	)		88.44
Outstanding at March 31, 2016		689,593		$	72.69		4.89	$	16,878
Exercisable at March 31, 2016		571,466		$	73.94		4.36	$	14,167

Schedule of Non-vested Restricted Stock Unit Activity

A summary of equity classified restricted stock unit activity as of March 31, 2016 and changes during the nine months ended March 31, 2016 is presented below:

	Restricted Stock Units
Nonvested at June 30, 2015		1,293,034
Granted		745,259
Vested		(438,419	)
Forfeited		(141,289	)
Nonvested at March 31, 2016		1,458,585

Summary of Cash-Settled Stock Appreciation Rights

A summary of cash-settled stock appreciation rights as of March 31, 2016 and changes during the nine months ended March 31, 2016 is presented below:

	Stock Appreciation Rights
Non-vested at June 30, 2015		6,794
Granted		1,709
Vested		(4,161	)
Forfeited		0
Non-vested at March 31, 2016		4,342
Exercisable		6,064