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Share-Based Compensation
9 Months Ended
Mar. 31, 2022
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 March 31,
Nine Months Ended
March 31,
2022202120222021
Stock Options and Cash-Based Stock Appreciation Rights$1,635 $1,328 $4,107 $8,662 
Restricted Share Awards and Cash-Based Restricted Share Unit Awards13,317 12,089 44,449 37,972 
Performance Share Awards and Cash-Based Performance Share Unit Awards2,614 3,320 8,380 13,684 
$17,566 $16,737 $56,936 $60,318