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EQUITY AND SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Costs

Share-based compensation expense for the periods indicated below is detailed as follows: 

			Year Ended June 30,
			2025						2024						2023
Stock Options (issued under Stock Option Plans)			$	15,694					$	18,167					$	20,144
Performance Share Units (issued under LTIP)			21,121						26,415						18,631
Restricted Share Units (issued under LTIP)			15,418						10,677						9,762
Restricted Share Units (other)			42,706						75,642						72,149
Deferred Share Units (directors)			3,922						3,162						4,036
Employee Stock Purchase Plan			5,979						6,016						5,580
Total share-based compensation expense			$	104,840					$	140,079					$	130,302

Schedule of Unrecognized Compensation Cost

A summary of unrecognized compensation cost for unvested share-based compensation awards is as follows: 

			As of June 30, 2025
			Unrecognized Compensation Cost						Weighted Average Recognition Period (years)
Stock Options (issued under Stock Option Plans)			$	33,672					2.32
Performance Share Units (issued under LTIP)			39,948						1.85
Restricted Share Units (issued under LTIP)			13,221						1.33
Restricted Share Units (other)			33,972						1.54
Total unrecognized share-based compensation cost			$	120,813

Schedule of Share-based Compensation, Stock Options, Outstanding Under Various Plans

A summary of stock options outstanding under our 2004 Stock Option Plan is set forth below.

			2004 Stock Option Plan
Date of inception			Oct-04
Eligibility			Eligible employees, as determined by the Board of Directors
Options granted to date			50,635,497
Options exercised to date			(23,076,178)
Options cancelled to date			(15,252,765)
Options outstanding			12,306,554
Options available for issuance			4,780,548
Termination grace periods			Immediately “for cause”; 90 days for any other reason; 180 days due to death
Vesting schedule			25% per year, unless otherwise specified
Exercise price range			$25.85 - $52.62
Expiration dates			July 1, 2025 - May 2, 2032

Schedule of Option Activity

A summary of activity under our stock option plans for the year ended June 30, 2025 is as follows:

			Options						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Term (years)						Aggregate Intrinsic Value ($’000’s)
Outstanding at June 30, 2024			12,207,412						$	38.51					4.31						$	6,142
Granted			2,620,150						28.21
Exercised			(139,077)						26.81
Forfeited or expired			(2,381,931)						37.04
Outstanding at June 30, 2025			12,306,554						$	36.73					3.93						$	5,942
Exercisable at June 30, 2025			5,321,170						$	40.67					2.66						$	1,139

Schedule of Weighted-Average Fair Value of Options and Weighted-Average Assumptions Used

For the periods indicated, the weighted-average fair value of options and weighted-average assumptions estimated under the Black-Scholes option-pricing model were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of options granted			$	5.80					$	9.00					$	6.75
Weighted-average assumptions used:
Expected volatility			28.96		%				30.46		%				28.73		%
Risk–free interest rate			3.81		%				4.44		%				3.98		%
Expected dividend yield			3.60		%				2.73		%				3.07		%
Expected life (in years)			4.32						4.26						4.20
Forfeiture rate (based on historical rates)			7		%				7		%				7		%
Average exercise share price			$	26.81					$	36.55					$	31.13

For the period in which performance stock options were granted, as indicated, the weighted-average fair value of performance stock options and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of options granted			$	—					$	—					$	8.09
Derived service period (in years)			—						—						1.70
Weighted-average assumptions used:
Expected volatility			—		%				—		%				26.00		%
Risk–free interest rate			—		%				—		%				3.21		%
Expected dividend yield			—		%				—		%				2.00		%
Average exercise share price			$	—					$	—					$	31.89

Schedule of Non Option Award Activity

A summary of activity under our PSUs issued under the LTIP for the year ended June 30, 2025 is as follows:

			Units						Weighted-Average Grant Date Fair Value						Weighted- Average Remaining Contractual Term (years)						Aggregate Intrinsic Value ($’000’s)
Outstanding at June 30, 2024			1,605,116						$	56.09					1.70						$	48,218
Granted (1)			982,503						46.58
Vested (1)			(257,611)						75.14
Forfeited or expired			(357,067)						51.43
Outstanding at June 30, 2025			1,972,941						$	49.87					1.52						$	51,956

______________________

(1)PSUs are earned based on market or performance conditions and the actual number of PSUs earned, if any, is dependent upon performance and may range from 0 to 200 percent.

Schedule of Weighted Average Assumptions, Fair Value and Intrinsic Value

For the periods indicated, the weighted-average fair value of market-based PSUs issued under LTIP, and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of performance share units granted			$47.96						$21.17 - $59.48						$43.10 - $55.06
Weighted-average assumptions used:
Expected volatility			30.26		%				28.05		%				29.00		%
Risk–free interest rate			3.67%						4.38% - 4.95%						3.13% - 3.39%
Expected dividend yield			—		%				—		%				—		%
Expected life (in years)			3.11						3.00						3.11
Forfeiture rate (based on historical rates)			7		%				7		%				7		%
Weighted–average fair value of performance share units vested			$	75.14					$	—					$	41.75
Aggregate intrinsic value of performance share units vested ($ in ‘000’s)			$	8,020					$	—					$	6,216

For the periods indicated, the weighted-average fair value and aggregate intrinsic value of RSUs (issued under LTIP) were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of restricted share units granted			$	28.43					$	35.07					$	38.82
Weighted–average fair value of restricted share units vested			$	49.92					$	43.40					$	36.83
Aggregate intrinsic value of restricted share units vested ($ in ‘000’s)			$	5,111					$	9,093					$	3,947

For the periods indicated, the weighted-average fair value and intrinsic value of RSUs (other) were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of restricted share units granted			$	27.37					$	38.04					$	30.46
Weighted–average fair value of restricted share units vested			$	35.63					$	40.94					$	36.33
Aggregate intrinsic value of restricted share units vested ($ in ‘000’s)			$	69,891					$	62,821					$	15,755

For the periods indicated, the weighted-average fair value and intrinsic value of DSUs were as follows:

			Year Ended June 30,
			2025						2024						2023
Weighted–average fair value of deferred share units granted			$	31.03					$	38.43					$	29.72
Weighted–average fair value of deferred share units vested			$	34.21					$	36.81					$	32.44
Aggregate intrinsic value of deferred share units vested ($ in ‘000’s)			$	3,194					$	1,461					$	1,565

Schedule of Restricted Stock Activity

A summary of activity under our RSUs issued under the LTIP for the year ended June 30, 2025 is as follows:

			Units						Weighted-Average Grant Date Fair Value						Weighted- Average Remaining Contractual Term (years)						Aggregate Intrinsic Value ($’000’s)
Outstanding at June 30, 2024			956,325						$	39.61					1.77						$	28,728
Granted			699,220						28.43
Vested			(170,370)						49.92
Forfeited or expired			(213,160)						33.70
Outstanding at June 30, 2025			1,272,015						$	33.11					1.70						$	37,143

A summary of activity under our RSUs (other) issued for the year ended June 30, 2025 is as follows:

			Units						Weighted-Average Grant Date Fair Value						Weighted- Average Remaining Contractual Term (years)						Aggregate Intrinsic Value ($’000’s)
Outstanding at June 30, 2024			4,555,955						$	35.87					1.79						$	136,861
Granted			923,127						27.37
Vested			(2,459,944)						35.63
Forfeited or expired			(379,255)						36.06
Outstanding at June 30, 2025			2,639,883						$	33.11					2.00						$	77,084

Schedule of Nonvested Share Activity

A summary of activity under our deferred share units issued for the year ended June 30, 2025 is as follows:

			Units						Weighted-Average Price						Weighted- Average Remaining Contractual Term (years)						Aggregate Intrinsic Value ($’000’s)
Outstanding at June 30, 2024 (1)			1,082,471						$	30.67					0.42						$	32,517
Granted (2)			118,330						31.03
Settled			(296,831)						29.69
Outstanding at June 30, 2025 (2)			903,970						$	31.04					0.34						$	26,415

______________________

(1)    Includes 47,871 unvested DSUs.

(2)    Includes 62,177 unvested DSUs.

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