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Stock-Based Compensation and Incentive Performance Plans (Tables)
6 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of 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 December 31,

 

 

Six Months Ended December 31,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Selling, general and administrative expense

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based awards

 

$

3,573

 

 

$

3,376

 

 

$

6,449

 

 

$

7,118

 

Cash-settled awards

 

 

272

 

 

 

 

 

 

272

 

 

 

 

Total selling, general and administrative expenses

 

$

3,845

 

 

$

3,376

 

 

$

6,721

 

 

$

7,118

 

Related income tax benefit

 

$

190

 

 

$

398

 

 

$

473

 

 

$

854

 

Schedule of All Stock-Based Award Activity A summary of all stock-based award activity for the six months ended December 31, 2024 is as follows:

 

Number of Shares
and Units

 

 

Weighted
Average Grant
Date Fair
Value (per share)

 

Non-vested RSUs and PSUs outstanding at June 30, 2024

 

 

2,165

 

 

$

15.03

 

Granted

 

 

1,654

 

 

$

8.98

 

Vested

 

 

(524

)

 

$

13.65

 

Forfeited

 

 

(144

)

 

$

26.21

 

Non-vested RSUs and PSUs outstanding at December 31, 2024

 

 

3,151

 

 

$

11.57

 

Schedule of RSUs and PSUs Grant Information

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

 

 

Six Months Ended December 31,

 

 

2024

 

 

2023

 

Fair value of RSUs and PSUs granted

 

$

14,855

 

 

$

19,286

 

Fair value of shares vested

 

$

4,411

 

 

$

5,081

 

Tax benefit recognized from restricted shares vesting

 

$

597

 

 

$

650