XML 63 R45.htm IDEA: XBRL DOCUMENT v3.21.2
Share-Based Compensation (Tables)
 12 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation Expense by Award Type
Share-based compensation expense for the fiscal years ended June 30, 2021, 2020 and 2019 is as follows $000:
Year Ended June 30,202120202019
Stock Options and Cash-Based Stock
   Appreciation Rights		$10,626 $11,893 $6,801 
Restricted Share Awards, Restricted Share
   Units, and Cash-Based Restricted Share Units		47,060 49,957 9,242 
Performance Share Units and Cash
   Based Performance Share Units		16,640 11,977 8,920 
$74,326 $73,827 $24,963 
Schedule of Fair Value Assumptions under Stock Option Plan During fiscal years ended June 30, 2020 and 2019, the weighted-average fair value of options granted under the Plan was $14.79 and $20.66, respectively, per option using the following assumptions:
Year Ended June 30,20202019
Risk-free interest rate1.50 %2.80 %
Expected volatility39 %37 %
Expected life of options6.91 years6.96 years
Dividend yieldNoneNone
Stock Option and Cash-Based Stock Appreciation Rights Activity
Stock option and cash-based stock appreciation rights activity during the fiscal year ended June 30, 2021 was as follows:
Stock OptionsCash-Based Stock Appreciation Rights
Number of
Shares		Weighted Average
Exercise Price		Number of
Rights		Weighted Average
Exercise Price
Outstanding - July 1, 20203,721,801 $26.99 230,374 $32.13 
Exercised(1,047,216)$21.04 (76,880)$28.75 
Forfeited and Expired(31,951)$33.86 (8,160)$34.14 
Outstanding - June 30, 20212,642,634 $29.26 145,334 $33.80 
Exercisable - June 30, 20211,805,735 $25.31 63,209 $27.36 
Share-Based Compensation Outstanding and Exercisable Options
Outstanding and exercisable stock options at June 30, 2021 were as follows:
Stock Options and Cash-Based Stock
Appreciation Rights Outstanding		Stock Options and Cash-Based Stock
Appreciation Rights Exercisable
Number ofWeighted
Average Remaining		Weighted
Average		Number ofWeighted
Average Remaining		Weighted
Average
Range ofShares orContractual TermExerciseShares orContractual TermExercise
Exercise PricesRights(Years)PriceRights(Years)Price
$13.34 - $18.07
574,264 3.55$16.18 574,264 3.55$16.18 
$18.07 - $24.35
685,719 4.01$20.83 674,952 3.94$20.70 
$24.35 - $35.39
542,224 6.79$33.21 291,734 6.18$34.20 
$35.39 - $36.90
573,384 8.21$36.47 126,567 8.16$36.43 
$36.90 - $49.90
412,377 7.08$47.85 201,427 6.96$47.60 
2,787,968 5.78$29.49 1,868,944 4.78$25.38 
Restricted Share, Restricted Share Unit and Cash-Based Restricted Share Unit Activity Restricted share award, restricted share unit, and cash-based restricted share unit activity during the fiscal year ended June 30, 2021, was as follows:
Restricted Share AwardsRestricted Share UnitsCash-Based Restricted Share Units
Number of
Shares		Weighted Average
Grant Date 
Fair Value		Number of
Units		Weighted Average
Grant Date Fair Value		Number of
Units		Weighted Average
Grant Date Fair Value
Nonvested - June 30, 202050,527 $35.92 2,242,412 $39.46 82,003 $38.31 
Granted— $— 1,277,460 $45.74 5,194 $44.30 
Vested(49,525)$35.47 (996,955)$37.91 (38,943)$38.57 
Forfeited(1,002)$18.42 (196,745)$38.36 (2,381)$38.91 
Nonvested - June 30, 2021— $— 2,326,172 $43.67 45,873 $38.75 
Performance Share and Cash-Based Performance Share Unit Award Activity Performance share unit and cash-based performance share unit activity relating to the Plan during the year ended June 30, 2021, was as follows:
 Performance Share UnitsCash-Based Performance Share Units
Number of
Units		Weighted Average
Grant Date Fair Value		Number of
Units		Weighted Average
Grant Date Fair Value
Nonvested - June 30, 2020409,246 $40.96 35,188 $38.54 
Granted209,639 $52.04 — $— 
Vested(187,410)$30.03 (14,928)$35.25 
Forfeited(5,344)$37.66 — $— 
Performance Adjustments92,178 $17.52 7,464 $35.25 
Nonvested - June 30, 2021518,309 $45.28 27,724 $39.43