STOCK-BASED COMPENSATION AND INCENTIVE PERFORMANCE PLANS (Tables)

3 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

Compensation Cost and Related Income Tax Benefits Recognized

Compensation cost and related income tax benefits recognized in the Consolidated Statements of Operations for stock-based compensation plans were as follows:

	Three Months Ended September 30,
	2023		2022
Selling, general and administrative expense	$	3,742	$	3,994
Related income tax benefit	$	456	$	402

Non-Vested Restricted Stock and Restricted Share Unit Awards

A summary of the restricted stock activity (including all RSAs, RSUs and PSUs) for the three months ended September 30, 2023 is as follows:

	Number of Shares and Units	Weighted Average Grant Date Fair  Value (per share)
Non-vested RSAs, RSUs and PSUs outstanding at June 30, 2023	1,288	$	26.37
Granted	—	$	—
Vested	(239)	$	23.08
Forfeited	(23)	$	29.74
Non-vested RSAs, RSUs and PSUs outstanding at September 30, 2023	1,026	$	26.17

Restricted Stock Grant Information

The fair value of RSAs, RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting was as follows:

	Three Months Ended September 30,
	2023		2022
Fair value of RSAs, RSUs and PSUs granted	$	—	$	19,839
Fair value of shares vested	$	2,422	$	576
Tax benefit recognized from restricted shares vesting	$	281	$	78

Schedule of Fair Value Assumptions

Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows for grants prior to January 1, 2023:

	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	20.18		$	27.47
Risk-free interest rate	3.54		%	3.54		%
Expected dividend yield	—			—
Expected volatility	40.30		%	26.60		%
Expected term	3.00 years			3.00 years

Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows for grants on or subsequent to January 1, 2023:

	Absolute TSR PSUs			Relative TSR PSUs
Grant date fair value (per target share)	$	13.84		$	19.54
Risk-free interest rate	4.28		%	4.28		%
Expected dividend yield	—			—
Expected volatility	40.70		%	28.20		%
Expected term	3.00 years			3.00 years