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EQUITY AND SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Costs

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

			Three Months Ended December 31,												Six Months Ended December 31,
			2024						2023						2024						2023
Stock Options (issued under Stock Option Plans)			$	3,841					$	5,716					$	6,577					$	10,260
Performance Share Units (issued under LTIP)			5,510						6,928						12,698						12,817
Restricted Share Units (issued under LTIP)			4,546						3,034						8,313						5,915
Restricted Share Units (other)			13,436						22,299						26,721						43,671
Deferred Share Units (directors)			1,387						688						2,232						1,602
Employee Stock Purchase Plan			1,641						1,510						3,378						3,005
Total share-based compensation expense			$	30,361					$	40,175					$	59,919					$	77,270

Schedule of Unrecognized Compensation Cost

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

			As of December 31, 2024
			Unrecognized Compensation Cost						Weighted Average Recognition Period (years)
Stock Options (issued under Stock Option Plans)			$	41,054					2.45
Performance Share Units (issued under LTIP)			59,345						2.18
Restricted Share Units (issued under LTIP)			23,932						1.59
Restricted Share Units (other)			55,356						1.81
Total unrecognized share-based compensation cost			$	179,687

Schedule of Option Activity

A summary of activity under our stock option plans for the six months ended December 31, 2024 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			1,890,920						28.75
Exercised			(70,125)						26.81
Forfeited or expired			(1,201,609)						37.63
Outstanding at December 31, 2024			12,826,598						$	37.21					4.26						$	1,376
Exercisable at December 31, 2024			5,477,855						$	40.49					3.01						$	476

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:

			Three Months Ended December 31,												Six Months Ended December 31,
			2024						2023						2024						2023
Weighted–average fair value of options granted			$	6.43					$	10.34					$	5.89					$	9.57
Weighted-average assumptions used:
Expected volatility			28.98		%				31.33		%				28.66		%				31.07		%
Risk–free interest rate			4.14		%				4.40		%				3.74		%				4.42		%
Expected dividend yield			3.42		%				2.44		%				3.49		%				2.58		%
Expected life (in years)			4.32						4.27						4.31						4.25
Forfeiture rate (based on historical rates)			7		%				7		%				7		%				7		%
Average exercise share price			$	29.97					$	40.14					$	28.75					$	37.96

Schedule of Non Option Award Activity

A summary of activity under our PSUs issued under the LTIP for the six months ended December 31, 2024 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)			904,116						47.21
Vested (1)			(257,611)						75.14
Forfeited or expired			(154,169)						53.11
Outstanding at December 31, 2024			2,097,452						$	48.15					2.13						$	56,259

______________________

(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:

			Six Months Ended December 31,
			2024						2023
Weighted–average fair value of performance share units granted			$	47.96					$	59.48
Weighted-average assumptions used:
Expected volatility			30.26%						28.05%
Risk–free interest rate			3.67%						4.38%
Expected dividend yield			—		%				—		%
Expected life (in years)			3.11						3.10

Schedule of Restricted Stock Activity

A summary of activity under our RSUs issued under the LTIP for the six months ended December 31, 2024 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			650,780						28.57
Vested			(170,370)						49.92
Forfeited or expired			(76,426)						36.14
Outstanding at December 31, 2024			1,360,309						$	33.25					2.20						$	38,523

A summary of activity under our RSUs (other) issued for the six months ended December 31, 2024 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			887,393						27.37
Vested			(746,565)						28.89
Forfeited or expired			(215,306)						37.26
Outstanding at December 31, 2024			4,481,477						$	35.28					1.68						$	126,915

Schedule of Nonvested Share Activity

A summary of activity under our DSUs issued for the six months ended December 31, 2024 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			95,733						32.00
Outstanding at December 31, 2024 (2)			1,178,204						$	30.78					0.84						$	33,374

______________________

(1)    Includes 47,871 unvested DSUs.

(2)    Includes 62,177 unvested DSUs.

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