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Share-Based Compensation
 3 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based CompensationThe Company’s Board of Directors amended the II-VI Incorporated 2018 Omnibus Incentive Plan, which was approved by the shareholders at the Annual Meeting in November 2018. The Amended Omnibus Plan (the “Plan”) was approved at the annual meeting in November 2020. The Plan provides for the grant of non-qualified stock options, stock appreciation rights, restricted shares, restricted share units, deferred shares, performance shares and performance share units to employees, officers and directors of the Company. The maximum number of shares of the Company’s common stock authorized for issuance under the Plan is limited to 9,550,000 shares of common stock, not including any remaining shares forfeited under the predecessor plans that may be rolled into the Plan. The Plan has vesting provisions predicated upon the death, retirement or disability of the grantee.
Share-based compensation expense for the periods indicated was as follows ($000):
Three Months Ended September 30,
20212020
Stock Options and Cash-Based Stock Appreciation Rights$548 $1,920 
Restricted Share Awards and Cash-Based Restricted Share Unit Awards17,372 10,110 
Performance Share Awards and Cash-Based Performance Share Unit Awards3,708 3,472 
$21,628 $15,502