XML 80 R62.htm IDEA: XBRL DOCUMENT v3.20.2
INCOME TAXES - Effective income tax rate (Details)
 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Effective income tax rate      
Provision for income taxes at federal statutory rate (as a percent) 21.00% 21.00% 28.10%
Research and development tax credits (as a percent) (1.60%) (1.60%) (1.40%)
Foreign income subject to tax at other than federal statutory rate (as a percent) (0.80%) 2.90% (4.80%)
Stock compensation excess tax benefit (as a percent) (6.70%) (3.20%) (8.80%)
Officers' compensation (as a percent) 4.40% 3.50%  
Change in valuation allowance (as a percent) (1.30%) (1.80%) 19.60%
Unrecognized tax (benefit) expense (as a percent) 1.20% 0.10% (6.80%)
Meals and entertainment (as a percent) 0.30% 0.40% 1.50%
Tax on foreign currency gains and losses (as a percent) 2.10% 0.20% (0.10%)
State tax expense (as a percent) 1.10% 1.60% (1.30%)
U.S. tax on foreign earnings (as a percent) (2.10%) 1.00% 2.50%
Adjustment to prior year tax expense (6.40%)    
Mexico imputed income or expense (as a percent)   (0.50%) (3.50%)
Global intangible low-taxed income, net of foreign tax credits 1.80%    
Remeasurement of U.S. net deferred tax assets from 35% to 21% (as a percent)     16.00%
Deemed repatriation of non-U.S. earnings     1.022
Withholding tax on deemed repatriation foreign earnings (as a percent)     35.80%
Other (as a percent) (0.40%) 1.20%  
Effective income tax rate (as a percent) 12.60% 24.80% 179.00%