XML 49 R31.htm IDEA: XBRL DOCUMENT v3.20.2

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2020

STOCK-BASED COMPENSATION

Schedule of stock-based compensation expense in the consolidated statements of operations

We recorded stock-based compensation expense in the consolidated statements of operations as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​		2018			2019			2020
Cost of goods sold	​	$	972	​	$	732	​	$	708
Selling, general and administrative	​		22,293	​		23,876	​		22,546
Research and development	​		581	​		643	​		563
Stock based compensation expense	​	$	23,846	​	$	25,251	​	$	23,817

Schedule of weighted average assumptions used to determine the fair value calculations for stock options issued

​

​	​	​	​	​	​	​	​
​		2018		2019		2020
Expected dividend		—	​	—	​	—	​
Risk-free interest rate		1.9	%	2.6	%	1.6	%
Expected volatility		29.0	%	28.0	%	26.0	%
Expected holding period (in years)		4.5	​	4.5	​	4.5	​

Summary of stock option activity

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	Weighted-		​	​	​	​	​
​	​	​	​	Average		​	Weighted-Average	​	Aggregate
​	​	Number of	​	Exercise		​	Remaining Contractual	​	Intrinsic Value
​		Options		Price			Term		(in thousands)
Outstanding at June 30, 2017		780,671		​	30.00	​	​	​	​	​
Granted		25,379		​	85.83	​	​	​	​	​
Exercised		(121,651)		​	23.53	​	​	​	​	​
Expired or forfeited		(6,874)		​	73.77	​	​	​	​	​
Outstanding at June 30, 2018		677,525		$	32.80	​	​	​	​	​
Granted		19,259		​	73.37	​	​	​	​	​
Exercised		(169,799)		​	32.11	​	​	​	​	​
Expired or forfeited		(11,101)		​	70.50	​	​	​	​	​
Outstanding at June 30, 2019		515,884		$	33.74		​	​	​	​
Granted		13,263	​	​	101.31	​	​	​	​	​
Exercised		(201,150)	​	​	20.48	​	​	​	​	​
Expired or forfeited		(1,693)	​	​	81.79	​	​	​	​	​
Outstanding at June 30, 2020		326,304	​	$	44.41	​	2.4 years	​	$	10,403
Exercisable at June 30, 2020	​	295,533	​	$	39.89		1.8 years	​	$	10,378

Summary of restricted stock award and RSU award activity

​

​	​	​	​	​	​
​	​	​	​	Weighted-
​	​	​	​	Average
​		Shares		Fair Value
Nonvested at June 30, 2017		611,687	​	$	65.85
Granted		351,034	​		74.09
Vested		(413,639)	​		65.33
Forfeited		(22,705)	​		70.32
Nonvested at June 30, 2018		526,377	​	$	71.56
Granted		375,580	​		74.40
Vested		(364,410)	​		70.92
Forfeited		(16,407)	​		74.13
Nonvested at June 30, 2019		521,140	​	$	73.97
Granted		308,431	​	​	87.88
Vested		(390,613)	​	​	68.63
Forfeited		(15,368)	​	​	83.36
Nonvested at June 30, 2020		423,590	​	$	88.68

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ 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 (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ 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)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ 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 (d)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 3: 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

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration