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Share-Based Compensation (Tables) | 12 Months Ended
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Jun. 30, 2019
Share-based Payment Arrangement [Abstract] |
Share-Based Compensation Expense by Award Type | Share-based compensation expense for the fiscal years ended June 30, 2019, 2018 and 2017 is as follows ($000):
Year Ended June 30, |  | 2019 |  | 2018 |  | 2017
Stock Options and Cash-Based Stock Appreciation Rights |  | $ | 6,801 |  |  | $ | 6,605 |  |  | $ | 5,611 |
Restricted Share Awards, Restricted Share Units, and Cash-Based Restricted Share Units |  | 9,242 |  |  | 7,850 |  |  | 6,799 |
Performance Share Awards and Cash Based Performance Share Unit Awards |  | 8,920 |  |  | 5,221 |  |  | 3,626 |
|  | $ | 24,963 |  |  | $ | 19,676 |  |  | $ | 16,036 |
Schedule of Fair Value Assumptions under Stock Option Plan | The Company utilized the Black-Scholes valuation model for estimating the fair value of stock option expense. During the fiscal years ended June 30, 2019, 2018 and 2017, the weighted-average fair value of options granted under the stock option plan was $20.66, $14.23 and $8.88, respectively, per option using the following assumptions:
Year Ended June 30, |  | 2019 |  | 2018 |  | 2017
Risk-free interest rate |  | 2.80 | % |  | 2.00 | % |  | 1.43 | %
Expected volatility |  | 37 | % |  | 37 | % |  | 37 | %
Expected life of options |  | 6.96 years |  | 6.43 years |  | 6.28 years
Dividend yield |  | None |  |  | None |  |  | None |
Stock Option and Cash-Based Stock Appreciation Rights Activity | Stock option and cash-based stock appreciation rights activity during the fiscal year ended June 30, 2019 was as follows:
|  | Stock Options |  |  |  | Cash-Based Stock Appreciation Rights |  |
|  | Number of Shares |  | Weighted Average Exercise Price |  | Number of Rights |  | Weighted Average Exercise Price
Outstanding - July 1, 2018 |  | 3,928,708 |  |  | $ | 20.07 |  |  | 205,448 |  |  | $ | 22.56 |
Granted |  | 412,940 |  |  | $ | 47.61 |  |  | 48,305 |  |  | $ | 48.56 |
Exercised |  | (522,173) |  |  | $ | 16.66 |  |  | (21,562) |  |  | $ | 20.45 |
Forfeited and Expired |  | (58,192) |  |  | $ | 26.29 |  |  | (4,695) |  |  | $ | 31.43 |
Outstanding - June 30, 2019 |  | 3,761,283 |  |  | $ | 23.47 |  |  | 227,496 |  |  | $ | 28.09 |
Exercisable - June 30, 2019 |  | 2,348,812 |  |  | $ | 18.62 |  |  | 89,827 |  |  | $ | 27.50 |
Share-Based Compensation Outstanding and Exercisable Options | Outstanding and exercisable stock options at June 30, 2019 were as follows:
|  | Stock Options and Cash-Based Stock Appreciation Rights Outstanding |  |  |  |  |  | Stock Options and Cash-Based Stock Appreciation Rights Exercisable |  |  |  |
|  | Number of |  | Weighted Average Remaining |  | Weighted Average |  | Number of |  | Weighted Average Remaining |  | Weighted Average
Range of |  | Shares or |  | Contractual Term |  | Exercise |  | Shares or |  | Contractual Term |  | Exercise
Exercise Prices |  | Rights |  | (Years) |  | Price |  | Rights |  | (Years) |  | Price
$12.07 - $16.97 |  | 825,579 |  |  | 3.52 |  | $ | 14.41 |  |  | 720,059 |  |  | 3.28 |  | $ | 14.47 |
$16.98 - $18.06 |  | 799,765 |  |  | 4.52 |  | $ | 17.72 |  |  | 591,237 |  |  | 3.95 |  | $ | 17.68 |
$18.07 - $21.65 |  | 734,900 |  |  | 4.04 |  | $ | 19.24 |  |  | 688,310 |  |  | 3.87 |  | $ | 19.20 |
$21.66 - $33.75 |  | 679,449 |  |  | 7.15 |  | $ | 22.25 |  |  | 309,016 |  |  | 7.02 |  | $ | 22.01 |
$33.76 - $49.90 |  | 949,096 |  |  | 8.62 |  | $ | 41.48 |  |  | 130,017 |  |  | 8.08 |  | $ | 35.82 |
|  | 3,988,789 |  |  | 5.65 |  | $ | 23.74 |  |  | 2,438,639 |  |  | 4.34 |  | $ | 18.68 |
Restricted Share, Restricted Share Unit and Cash-Based Restricted Share Unit Activity | Restricted share, restricted share unit, and cash-based restricted share unit activity during the fiscal year ended June 30, 2019, was as follows:
|  | Restricted Share Awards |  |  |  | Restricted Share Units |  |  |  | Cash-Based Restricted Share Units |  |
|  | Number of Shares |  | Weighted Average Grant Date Fair Value |  | Number of Shares |  | Weighted Average Grant Date Fair Value |  | Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested - June 30, 2018 |  | 595,519 |  |  | $ | 24.58 |  |  | — |  |  | $ | — |  |  | 117,326 |  |  | $ | 25.57 |
Granted |  | — |  |  | $ | — |  |  | 177,609 |  |  | $ | 47.16 |  |  | 30,506 |  |  | $ | 49.05 |
Vested |  | (401,341) |  |  | $ | 21.96 |  |  | — |  |  | $ | — |  |  | (68,846) |  |  | $ | 22.67 |
Forfeited |  | (10,749) |  |  | $ | 27.15 |  |  | (1,872) |  |  | $ | 49.90 |  |  | (1,344) |  |  | $ | 35.59 |
Nonvested - June 30, 2019 |  | 183,429 |  |  | $ | 30.30 |  |  | 175,737 |  |  | $ | 47.13 |  |  | 77,642 |  |  | $ | 37.19 |
Performance Share and Cash-Based Performance Share Unit Award Activity | Performance share and cash-based performance share unit award activity relating to the Plan during the year ended June 30, 2019, was as follows:
|  | Performance Share Awards |  |  |  | Cash-Based Performance Share Units |  |
|  | Number of Shares |  | Weighted Average Grant Date Fair Value |  | Number of Units |  | Weighted Average Grant Date Fair Value
Nonvested - June 30, 2018 |  | 382,270 |  |  | $ | 24.57 |  |  | 17,279 |  |  | $ | 25.71 |
Granted |  | 218,583 |  |  | $ | 38.00 |  |  | 11,943 |  |  | $ | 44.00 |
Vested |  | (100,481) |  |  | $ | 17.84 |  |  | (4,398) |  |  | $ | 17.84 |
Forfeited |  | (86,721) |  |  | $ | 22.24 |  |  | (600) |  |  | $ | 38.77 |
Nonvested - June 30, 2019 |  | 413,651 |  |  | $ | 36.80 |  |  | 24,224 |  |  | $ | 37.47 |

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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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