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STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Status and Changes in Restricted Stock Grants

The following table presents the status and changes in RSUs:

			RSUs						Weighted-Average Grant-Date Fair Value
Non-vested balance at June 30, 2024			1,541,194						$	43.95
Granted			640,058						63.15
Vested			(340,701)						42.50
Forfeited			(20,981)						44.74
Non-vested balance at September 30, 2024			1,819,570						$	50.97

Schedule of Class of Treasury Stock

The following table presents common stock repurchases:

									For the Three Months Ended September 30,
(Dollars in thousands except per share data)															2024						2023
Total repurchase															$	—					$	24,535
Number of shares repurchased															—						648,208
Average price paid per share															$	—					$	37.85

Schedule of Accumulated Other Comprehensive Income

Accumulated other comprehensive income includes the after-tax change in unrealized gains and losses on investment securities and cash flow hedging activities.

			For the Three Months Ended September 30, 2024
(Dollars in thousands)			Unrealized gain (loss) on available-for-sale securities						Cash flow hedges						Accumulated other comprehensive income
Balance at June 30, 2024			$	(2,466)					$	—					$	(2,466)
Other comprehensive income/(loss)			1,319						382						1,701
Balance at September 30, 2024			$	(1,147)					$	382					$	(765)

			For the Three Months Ended September 30, 2023
(Dollars in thousands)			Unrealized gain (loss) on available-for-sale securities						Cash flow hedges						Accumulated other comprehensive income
Balance at June 30, 2023			$	(6,610)					$	—					$	(6,610)
Other comprehensive income/(loss)			222						—						222
Balance at September 30, 2023			$	(6,388)					$	—					$	(6,388)

The following table presents the pre-tax and after-tax changes in the components of other comprehensive income.

			For the Three Months Ended September 30, 2024																		For the Three Months Ended September 30, 2023
(Dollars in thousands)			Pre-tax						Tax effect						After-tax						Pre-tax						Tax effect						After-tax
Unrealized gain/(loss) on investment securities:
Net unrealized gains/(losses) arising during the period			$	1,884					$	(565)					$	1,319					$	334					$	(112)					$	222
Reclassification adjustment for realized (gains)/losses included in net income			—						—						—						—						—						—
Net change			$	1,884					$	(565)					$	1,319					$	334					$	(112)					$	222
Cash flow hedges:
Net unrealized gains/(losses) arising during the period			$	553					$	(171)					$	382					$	—					$	—					$	—
Reclassification adjustment for realized (gains)/losses included in net income			—						—						—						—						—						—
Net change			553						(171)						382						—						—						—
Total other comprehensive income			$	2,437					$	(736)					$	1,701					$	334					$	(112)					$	222

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