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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2022
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 30202220212020
Stock options$271 $279 $249 
RSUs and PSUs257 261 309 
Total stock-based expense$528 $540 $558 
Income tax benefit$88 $102 $97 
Share-based Payment Arrangement, Option, Activity [Table Text Block]
A summary of options outstanding under the plans as of June 30, 2022, 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 at July 1, 2021138,272 $91.24 
Granted14,369 141.67 
Exercised(25,040)77.07 
Forfeited/expired(886)116.38 
Outstanding at June 30, 2022126,715 $99.59 5.4$5,618 
Exercisable86,992 $84.89 4.0$5,124 
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 30202220212020
Interest rate0.1-1.6 %0.1-0.7 %1.1-1.4 %
Weighted average interest rate1.5 %0.6 %1.3 %
Dividend yield2.4 %2.4 %2.4 %
Expected volatility19 %20 %17 %
Expected life in years9.19.29.2
The following table provides additional information on stock options:
Years ended June 30202220212020
Weighted average grant-date fair value of options granted$21.55 $20.94 $15.60 
Intrinsic value of options exercised1,886 1,401 1,455 
Grant-date fair value of options that vested177 236 217 
Cash received from options exercised1,930 1,705 2,019 
Actual tax benefit from options exercised399 292 298 
Schedule of Nonvested Share Activity [Table Text Block]
A summary of non-vested RSUs and PSUs outstanding under the plans as of June 30, 2022, 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, 20213,237 $114.68 971 $135.24 
Granted1,365 141.13 539 152.69 
Vested(1,656)109.08 (550)121.62 
Forfeited(114)123.06 (32)152.89 
Non-vested at June 30, 20222,832 $130.37 928 $152.94