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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Activity [Table Text Block] Total expense and related tax benefit were as follows:
Years ended June 30202020192018
Stock options$249  $246  $220  
RSUs and PSUs309  269  175  
Total stock-based expense$558  $515  $395  
Income tax benefit$97  $101  $87  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block] Assumptions utilized in the model, which are evaluated and revised to reflect market conditions and experience, were as follows:
Years ended June 30202020192018
Interest rate1.1-1.4 %2.5-2.7 %1.9-2.9 %
Weighted average interest rate1.3 %2.6 %2.8 %
Dividend yield2.4 %3.0 %3.1 %
Expected volatility17 %17 %18 %
Expected life in years9.29.29.2
The following table provides additional information on stock options:
Years ended June 30202020192018
Weighted average grant-date fair value of options granted$15.60  $13.60  $11.89  
Intrinsic value of options exercised1,455  1,770  500  
Grant-date fair value of options that vested217  180  209  
Cash received from options exercised2,019  3,381  1,245  
Actual tax benefit from options exercised298  221  127  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
A summary of options outstanding under the plans as of June 30, 2020 and activity during the year then ended is presented below:
OptionsOptions (in thousands)Weighted Average Exercise PriceWeighted Average Contract-ual Life in YearsAggregate Intrinsic Value
Outstanding, beginning of year164,741  $79.59  
Granted14,277  115.01  
Exercised(28,722) 70.34  
Forfeited/expired(424) 83.23  
OUTSTANDING, END OF YEAR149,872  $84.71  5.5$5,241  
EXERCISABLE102,702  $79.54  4.2$4,111  
Schedule of Nonvested Share Activity [Table Text Block]
A summary of non-vested RSUs and PSUs outstanding under the plans as of June 30, 2020 and activity during the year then ended is presented below:
RSUsPSUs
RSU and PSU awardsUnits (in thousands)Weighted Average Grant Date Fair ValueUnits (in thousands)Weighted Average Grant Date Fair Value
Non-vested at July 1, 20195,493  $84.00  1,295  $92.98  
Granted1,516  114.44  562  123.52  
Vested(2,376) 88.61  (799) 79.64  
Forfeited(135) 84.61  (10) 94.94  
Non-vested at June 30, 20204,498  $92.15  1,048  $117.02