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STOCK PROGRAMS (Tables)
9 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Long-term Price Vested Units The number of shares subject to each tranche of the price-vested unit award, as well as the stock price goals, service periods, performance periods and share delivery dates for each tranche are as follows:
Number
of
Shares
per
Tranche
Stock Price Goal
(per Share)
Service PeriodPerformance Period for Stock Price GoalPerformance Period for Cumulative Operating Income GoalShare Delivery Date
First tranche27,457 $323.03 March 11, 2021 - June 30, 2024March 11, 2021 - June 30, 2024July 1, 2021 - June 30, 2025September 2, 2025
Second tranche28,598 $333.21 March 11, 2021 - June 30, 2024March 11, 2021 - June 30, 2024July 1, 2021 - June 30, 2025September 2, 2025
Third tranche29,872 $343.61 March 11, 2021 - June 30, 2024March 11, 2021 - June 30, 2024July 1, 2021 - June 30, 2025September 2, 2025
Total shares85,927 
Schedule of Assumptions Used for Award The assumptions used for this award were as follows:
Expected volatility31.8 %
Dividend yield0.8 %
Risk-free interest rate0.4 %
Expected term3.3 years