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STOCK PROGRAMS (Tables)

3 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Schedule of key assumptions used for acquisition date fair value

The acquisition-date fair values of the DECIEM stock options and the net Put (Call) Option were calculated by incorporating significant assumptions including the starting equity value, revenue growth rates and EBITDA and the following key assumptions into the Monte Carlo Method:


						May 18, 2021
Risk-free rate						0.50%
Term to mid of last twelve-month period						2.54 years
Operating leverage adjustment						0.45
Net sales discount rate						3.30%
EBITDA discount rate						6.80%
EBITDA volatility						38.30%
Net sales volatility						17.20%

The fair value of the stock options were calculated using the following key assumptions into the Monte Carlo Method:


	September 30, 2021	June 30, 2021	May 18, 2021
Risk-free rate	0.40%	0.50%	0.50%
Term to mid of last twelve-month period	2.17 years	2.42 years	2.54 years
Operating leverage adjustment	0.45	0.45	0.45
Net sales discount rate	3.30%	3.40%	3.30%
EBITDA discount rate	6.90%	6.90%	6.80%
EBITDA volatility	39.10%	37.70%	38.30%
Net sales volatility	17.60%	17.00%	17.20%