STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2018

STOCK-BASED COMPENSATION

Schedule of recognized stock-based compensation expense

	For the Fiscal Year Ended
	June 30,
	2018		2017		2016
		(Amounts in thousands)
Stock options	$	318	$	393	$	454
Stock appreciation rights		1,988		1,851		1,687
Restricted stock		4,487		3,840		3,686
Performance stock		1,486		3,899		4,212
Total stock-based compensation expense	$	8,279	$	9,983	$	10,039

Schedule of valuation assumptions of stock options and stock appreciation rights

	Stock Options						SSARs
	2018		2017		2016		2018		2017		2016
Weighted-average expected volatility	42.2	%	41.7	%	36.9	%	42.4	%	41.1	%	36.9	%
Weighted-average expected life in years	5.5		5.5		5.5		5.4		5.8		5.4
Weighted-average dividend yield	1.10	%	1.11	%	1.06	%	1.10	%	1.11	%	1.00	%
Weighted-average risk free interest rate	1.8	%	1.2	%	1.6	%	1.8	%	1.3	%	1.6	%

Summary of stock options activity

				Weighted-
		Weighted-		Average
		Average		Remaining	Aggregate
	Number of	Exercise		Contractual	Intrinsic Value
	Shares	Price		Life (Years)	(in thousands)
Outstanding at July 1, 2017	107,825	$	64.13
Granted	6,858	$	87.42
Exercised	(48,123)	$	60.18
Forfeited	(333)	$	56.54
Outstanding at June 30, 2018	66,227	$	69.35	6.2	$	1,549
Exercisable at  June 30, 2018	48,957	$	68.36	5.6	$	1,199

Summary of SSARs activity

				Weighted-
		Weighted-		Average
		Average		Remaining	Aggregate
	Number of	Exercise		Contractual	Intrinsic Value
	Shares	Price		Life (Years)	(in thousands)
Outstanding at July 1, 2017	424,145	$	66.19
Granted	71,262	$	87.42
Exercised	(241,421)	$	62.52
Forfeited	(1,100)	$	85.92
Outstanding at June 30, 2018	252,886	$	75.60	7.3	$	4,360
Exercisable at June 30, 2018	125,152	$	71.59	6.2	$	2,659

Summary of non-vested awards

		Weighted-
		Average
	Number of	Grant Date
	Shares	Fair Value
Non-vested at July 1, 2017	233,845	$	61.07
Granted	68,020	$	76.20
Vested	(70,046)	$	68.83
Forfeited	(13,030)	$	60.76
Non-attainment	(34,125)	$	71.77
Non-vested at June 30, 2018	184,664	$	61.75

Summary of the status of non-vested restricted stock

		Weighted-
		Average
	Number of	Grant Date
	Shares	Fair Value
Non-vested at July 1, 2017	166,810	$	68.60
Granted	50,380	$	87.42
Vested	(69,440)	$	72.99
Forfeited	(2,967)	$	73.55
Non-vested at June 30, 2018	144,783	$	72.94