Employee Benefit Plans (Tables)

3 Months Ended

Sep. 30, 2022

Retirement Benefits [Abstract]

Components Of Stock-Based Compensation Expense

The following table represents pre-tax stock-based compensation expense for the three and three months ended September 30, 2022 and 2021, respectively:

	Three Months Ended
	September 30,
	2022		2021
Operating expenses	$	6.0	$	4.8
Selling, general and administrative expenses	37.1		31.3
System development and programming costs	7.5		6.2
Total stock-based compensation expense	$	50.6	$	42.3

Changes in Stock Options Outstanding

Stock Options:

	Number of Options (in thousands)	Weighted Average Price (in dollars)
Options outstanding at July 1, 2022	3,474	$	152
Options granted	—	$	—
Options exercised	(438)	$	141
Options forfeited/cancelled	(6)	$	169
Options outstanding at September 30, 2022	3,030	$	152

Time Based Restricted Shares and Units

Time-Based Restricted Stock and Time-Based Restricted Stock Units:

	Number of Shares (in thousands)	Number of Units (in thousands)
Restricted shares/units outstanding at July 1, 2022	1,021	173
Restricted shares/units granted	3	649
Restricted shares/units vested	(457)	(81)
Restricted shares/units forfeited	(13)	(4)
Restricted shares/units outstanding at September 30, 2022	554	737

Performance Based Restricted Shares and Units

Performance-Based Restricted Stock and Performance-Based Restricted Stock Units:

	Number of Shares (in thousands)	Number of Units (in thousands)
Restricted shares/units outstanding at July 1, 2022	222	757
Restricted shares/units granted	95	321
Restricted shares/units vested	(106)	(250)
Restricted shares/units forfeited	(6)	(6)
Restricted shares/units outstanding at September 30, 2022	205	822

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair value for stock options granted was estimated at the date of grant using the following assumptions:

	Three Months Ended
	September 30,
	2022	2021
Risk-free interest rate	N/A	—		%
Dividend yield	N/A	1.8		%
Weighted average volatility factor	N/A	22.7		%
Weighted average expected life (in years)	N/A	4.9
Weighted average fair value (in dollars)	N/A	$	33.03

Schedule of Net Benefit Costs

The components of net pension income were as follows:

	Three Months Ended
	September 30,
	2022		2021
Service cost – benefits earned during the period	$	1.2	$	1.4
Interest cost on projected benefits	19.5		13.1
Expected return on plan assets	(31.9)		(32.0)
Net amortization and deferral	0.5		1.7
Settlement charges and special termination benefits	1.4		—
Net pension (income)/expense	$	(9.3)	$	(15.8)