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Share-Based Compensation
6 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based CompensationThe Company’s Board of Directors amended and restated the II-VI Incorporated 2018 Omnibus Incentive Plan, which was approved by the shareholders at the Annual Meeting in November 2018. The II-VI Incorporated Amended and Restated 2018 Omnibus Incentive Plan (the “Plan”) was approved by the shareholders 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 II-VI Common Stock authorized for issuance under the Plan is limited to 9,550,000 shares of II-VI 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 December 31,
Six Months Ended December 31,
2021202020212020
Stock Options and Cash-Based Stock Appreciation Rights$1,924 $5,414 $2,472 $7,334 
Restricted Share Awards and Cash-Based Restricted Share Unit Awards13,760 15,773 31,132 25,883 
Performance Share Awards and Cash-Based Performance Share Unit Awards2,058 6,892 5,766 10,364 
$17,742 $28,079 $39,370 $43,581