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Employee Benefit Plans | 6 Months Ended
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Dec. 31, 2020
Retirement Benefits [Abstract] |
Employee Benefit Plans | Employee Benefit PlansStock-based Compensation Plans. Stock-based compensation consists of the following: 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 program. The Company repurchased 1.6 million and 1.8 million shares in the three months ended December 31, 2020 and 2019, respectively, and repurchased 3.2 million and 3.7 million shares in the six months ended December 31, 2020 and 2019, 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 pre-tax stock-based compensation expense for the three and six months ended December 31, 2020 and 2019, respectively:
| Three Months Ended |  | Six Months Ended
| December 31, |  | December 31,
| 2020 |  | 2019 |  | 2020 |  | 2019
Operating expenses | $ | 4.8 |  |  | $ | 3.4 |  |  | $ | 8.4 |  |  | $ | 7.4 |
Selling, general and administrative expenses | 35.6 |  |  | 28.0 |  |  | 60.9 |  |  | 56.3 |
System development and programming costs | 6.7 |  |  | 4.8 |  |  | 11.6 |  |  | 9.6 |
Total stock-based compensation expense | $ | 47.1 |  |  | $ | 36.2 |  |  | $ | 80.9 |  |  | $ | 73.3 |
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 Annual Report on Form 10-K for fiscal 2020. See the Company's Annual Report on Form 10-K for fiscal 2020 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. B. Pension Plans The components of net pension income were as follows:
| Three Months Ended |  |  |  | Six Months Ended
| December 31, |  |  |  | December 31,
| 2020 |  | 2019 |  |  |  |  |  | 2020 |  | 2019
Service cost – benefits earned during the period | $ | 1.2 |  |  | $ | 14.9 |  |  |  |  |  |  | $ | 2.4 |  |  | $ | 29.9 |
Interest cost on projected benefits | 12.8 |  |  | 15.4 |  |  |  |  |  |  | 25.5 |  |  | 30.9 |
Expected return on plan assets | (30.4) |  |  | (29.5) |  |  |  |  |  |  | (60.7) |  |  | (59.0) |
Net amortization and deferral | 2.5 |  |  | 1.5 |  |  |  |  |  |  | 5.0 |  |  | 2.9 |
Settlement charges and special termination benefits | 2.9 |  |  | — |  |  |  |  |  |  | 5.8 |  |  | (5.1) |
Net pension (income)/expense | $ | (11.0) |  |  | $ | 2.3 |  |  |  |  |  |  | $ | (22.0) |  |  | $ | (0.4) |

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI http://asc.fasb.org/topic&trid=2127225 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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