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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Jun. 30, 2019
STOCK-BASED COMPENSATION |
Schedule of recognized stock-based compensation expense |
|  | Fiscal Year Ended June 30,
|  | 2019 |  | 2018 |  | 2017
|  |  | (Amounts in thousands)
Stock options |  | $ | 221 |  | $ | 318 |  | $ | 393
Stock appreciation rights |  |  | 2,025 |  |  | 1,988 |  |  | 1,851
Restricted stock |  |  | 3,336 |  |  | 4,487 |  |  | 3,840
Performance stock |  |  | 1,035 |  |  | 1,486 |  |  | 3,899
Total stock-based compensation expense |  | $ | 6,617 |  | $ | 8,279 |  | $ | 9,983
Schedule of valuation assumptions |
|  | Stock Options |  | SSARs |
|  | 2019 |  | 2018 |  | 2017 |  | 2019 |  | 2018 |  | 2017 |
Weighted-average expected volatility |  | 36.5 | % | 42.2 | % | 41.7 | % | 37.6 | % | 42.4 | % | 41.1 | %
Weighted-average expected life in years |  | 4.5 |  | 5.5 |  | 5.5 |  | 5.2 |  | 5.4 |  | 5.8 |
Weighted-average dividend yield |  | 1.13 | % | 1.10 | % | 1.11 | % | 1.13 | % | 1.10 | % | 1.11 | %
Weighted-average risk free interest rate |  | 2.7 | % | 1.8 | % | 1.2 | % | 2.7 | % | 1.8 | % | 1.3 | %
Summary of stock options activity |
|  |  |  |  |  |  | Weighted- |  |  |
|  |  |  | Weighted- |  | Average |  |  |
|  |  |  | Average |  | Remaining |  | Aggregate
|  | Number of |  | Exercise |  | Contractual |  | Intrinsic Value
|  | Shares |  | Price |  | Life (Years) |  | (in thousands)
Outstanding at July 1, 2018 |  | 66,227 |  | $ | 69.35 |  |  |  |  |
Granted |  | 6,430 |  | $ | 77.73 |  |  |  |  |
Exercised |  | (27,930) |  | $ | 68.19 |  |  |  |  |
Expired |  | (2,429) |  | $ | 82.29 |  |  |  |  |
Outstanding at June 30, 2019 |  | 42,298 |  | $ | 70.65 |  | 5.9 |  | $ | 1,334
Exercisable at June 30, 2019 |  | 32,125 |  | $ | 67.30 |  | 5.2 |  | $ | 1,130
Summary of SSARs activity |
|  |  |  |  |  |  | Weighted- |  |  |
|  |  |  | Weighted- |  | Average |  |  |
|  |  |  | Average |  | Remaining |  | Aggregate
|  | Number of |  | Exercise |  | Contractual |  | Intrinsic Value
|  | Shares |  | Price |  | Life (Years) |  | (in thousands)
Outstanding at July 1, 2018 |  | 252,886 |  | $ | 75.60 |  |  |  |  |
Granted |  | 72,860 |  | $ | 78.06 |  |  |  |  |
Exercised |  | (144,360) |  | $ | 71.99 |  |  |  |  |
Expired |  | (5,787) |  | $ | 87.42 |  |  |  |  |
Outstanding at June 30, 2019 |  | 175,599 |  | $ | 79.20 |  | 8.0 |  | $ | 4,090
Exercisable at June 30, 2019 |  | 53,886 |  | $ | 73.46 |  | 6.8 |  | $ | 1,565
Summary of non-vested awards |
|  |  |  | Weighted-
|  |  |  | Average
|  | Number of |  | Grant Date
|  | Shares |  | Fair Value
Outstanding at July 1, 2018 |  | 184,664 |  | $ | 61.75
Granted |  | 59,820 |  | $ | 62.77
Vested |  | (21,953) |  | $ | 38.12
Forfeited |  | (7,716) |  | $ | 76.01
Non-attainment |  | (59,793) |  | $ | 52.48
Outstanding at June 30, 2019 |  | 155,022 |  | $ | 68.35
Summary of the status of non-vested restricted stock |
|  |  |  | Weighted-
|  |  |  | Average
|  | Number of |  | Grant Date
|  | Shares |  | Fair Value
Outstanding at July 1, 2018 |  | 144,783 |  | $ | 72.94
Granted |  | 43,460 |  | $ | 77.96
Vested |  | (39,297) |  | $ | 62.32
Forfeited |  | (5,977) |  | $ | 78.95
Outstanding at June 30, 2019 |  | 142,969 |  | $ | 77.13

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options and stock appreciation rights (SARs), including, but not limited to: (a) expected term of share options, SARs 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 No definition available. + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards 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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