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INCOME TAXES (Tables) | 6 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Details of Income Taxes | The following table provides details of income taxes:
| Three Months Ended December 31, |  | Six Months Ended December 31,
(Dollar amounts in thousands) | 2021 |  | 2020 |  | 2021 |  | 2020
Income before income taxes | $ | 926,905 |  | $ | 527,402 |  | $ | 1,693,253 |  | $ | 1,011,208
Provision (benefit) for income taxes | $ | 209,388 |  | $ | 70,419 |  | $ | (92,749) |  | $ | 134,083
Effective tax rate | 22.6 | % |  | 13.4 | % |  | (5.5) | % |  | 13.3 | %

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