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INCOME TAXES (Tables) | 6 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Schedule of Details of Income Taxes | The following table provides details of income taxes:
| Three Months Ended |  | Six Months Ended
| December 31, |  | December 31,
(Dollar amounts in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Income before income taxes | $ | 527,402 |  | $ | 424,927 |  | $ | 1,011,208 |  | $ | 796,443
Provision for income taxes | $ | 70,419 |  | $ | 44,622 |  | $ | 134,083 |  | $ | 69,742
Effective tax rate | 13.4 | % |  | 10.5 | % |  | 13.3 | % |  | 8.8 | %

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