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Employee Benefit Plans | 6 Months Ended
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Dec. 31, 2017
Compensation and Retirement Disclosure [Abstract] |
Compensation and Employee Benefit Plans | Stock-based Compensation Plans The Company's share-based compensation consists of stock options, time-based restricted stock, time-based restricted stock units, performance-based restricted stock, and performance-based restricted stock units. The Company also offers an employee stock purchase plan for eligible employees. The Company currently utilizes treasury stock to satisfy stock option exercises, issuances under the Company's employee stock purchase plan, and restricted stock awards. From time to time, the Company may repurchase shares of its common stock under its authorized share repurchase programs. The Company repurchased 1.4 million and 4.6 million shares in the three months ended December 31, 2017 and 2016, respectively and repurchased 3.6 million and 8.6 million shares in the six months ended December 31, 2017 and 2016, respectively. The Company considers several factors in determining when to execute share repurchases, including, among other things, actual and potential acquisition activity, cash balances and cash flows, issuances due to employee benefit plan activity, and market conditions. The following table represents stock-based compensation expense for the three and six months ended December 31, 2017 and 2016, respectively:
| Three Months Ended |  | Six Months Ended
| December 31, |  | December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
Operating expenses | $ | 5.4 |  |  | $ | 6.3 |  |  | $ | 10.6 |  |  | $ | 11.8 |
Selling, general and administrative expenses | 27.5 |  |  | 24.3 |  |  | 56.1 |  |  | 45.9 |
System development and programming costs | 5.8 |  |  | 5.2 |  |  | 11.0 |  |  | 9.2 |
Total stock-based compensation expense | $ | 38.7 |  |  | $ | 35.8 |  |  | $ | 77.7 |  |  | $ | 66.9 |
The methods and assumptions used in the determination of the fair value of stock-based awards are consistent with those described in the Company's fiscal 2017 Form 10-K. See the Company's Annual Report on Form 10-K for fiscal 2017 for a detailed description of the Company's stock-based compensation awards and employee stock purchase plan, including information related to vesting terms, service and performance conditions, payout percentages, and process for estimating the fair value of stock options granted.
Employee Benefit Plans | Pension Plans The components of net pension expense were as follows:
| Three Months Ended |  |  | Six Months Ended
| December 31, |  |  | December 31,
| 2017 |  | 2016 |  |  | 2017 |  | 2016
Service cost – benefits earned during the period | $ | 18.6 |  |  | $ | 20.2 |  |  |  | $ | 37.3 |  |  | $ | 40.4 |
Interest cost on projected benefits | 16.3 |  |  | 14.9 |  |  |  | 32.6 |  |  | 30.0 |
Expected return on plan assets | (34.3 | ) |  | (33.9 | ) |  |  | (68.6 | ) |  | (67.9 | )
Net amortization and deferral | 2.1 |  |  | 4.8 |  |  |  | 4.2 |  |  | 9.6 |
Net pension expense | $ | 2.7 |  |  | $ | 6.0 |  |  |  | $ | 5.5 |  |  | $ | 12.1 |

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- Definition The entire disclosure of an entity's employee compensation and benefit plans, excluding share-based compensation and including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
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