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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Jun. 30, 2022
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-based Compensation Expense and Resulting Deferred Tax Benefits | Stock-based compensation expense and the resulting deferred tax benefits were as follows (in thousands):
| Year Ended June 30,
| 2022 |  | 2021 |  | 2020
Pre-tax stock-based compensation expense | $ | 46,229 |  |  | $ | 35,425 |  |  | $ | 20,706 |
Deferred tax benefit (a) | 8,787 |  |  | 6,167 |  |  | 3,014 |
Total stock-based compensation expense, net of tax | $ | 37,442 |  |  | $ | 29,258 |  |  | $ | 17,692 |
_________________________________ (a)For the years ended June 30, 2022 and 2021, the deferred tax benefit was reduced by $3.0 million attributable to stock-based compensation expense that is nondeductible for tax purposes pursuant to Section 162(m) as amended by the Tax Cuts and Jobs Act of 2017.
Schedule of Restricted Stock Units | The following table includes information related to restricted stock, performance share awards and stock options for the year ended June 30, 2022:
| Restricted Stock |  | Performance Share Awards |  | Stock Options
| Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Options | Weighted Average Exercise Price
Outstanding at June 30, 2021 | 990,301 |  | $ | 35.27 |  |  | 1,731,002 |  | $ | 35.56 |  |  | 2,163,006 |  | $ | 30.32 |
Granted | 658,389 |  | 37.74 |  |  | 651,392 |  | 37.22 |  |  | — |  | — |
Vested/exercised | (295,854) |  | 40.16 |  |  | (588,142) |  | 43.74 |  |  | (1,252,486) |  | 30.21 |
Forfeited | (151,706) |  | 33.96 |  |  | (215,457) |  | 32.18 |  |  | (14,166) |  | 36.77 |
Outstanding at June 30, 2022 | 1,201,130 |  | $ | 35.59 |  |  | 1,578,795 |  | $ | 33.66 |  |  | 896,354 |  | $ | 30.38 |
Stock options outstanding and exercisable at June 30, 2022 |  |  |  |  | 896,354 |  | $ | 30.38 |
Schedule of Performance Share Awards | The following table includes information related to restricted stock, performance share awards and stock options for the year ended June 30, 2022:
| Restricted Stock |  | Performance Share Awards |  | Stock Options
| Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Options | Weighted Average Exercise Price
Outstanding at June 30, 2021 | 990,301 |  | $ | 35.27 |  |  | 1,731,002 |  | $ | 35.56 |  |  | 2,163,006 |  | $ | 30.32 |
Granted | 658,389 |  | 37.74 |  |  | 651,392 |  | 37.22 |  |  | — |  | — |
Vested/exercised | (295,854) |  | 40.16 |  |  | (588,142) |  | 43.74 |  |  | (1,252,486) |  | 30.21 |
Forfeited | (151,706) |  | 33.96 |  |  | (215,457) |  | 32.18 |  |  | (14,166) |  | 36.77 |
Outstanding at June 30, 2022 | 1,201,130 |  | $ | 35.59 |  |  | 1,578,795 |  | $ | 33.66 |  |  | 896,354 |  | $ | 30.38 |
Stock options outstanding and exercisable at June 30, 2022 |  |  |  |  | 896,354 |  | $ | 30.38 |
Schedule of Stock Options Awards | The following table includes information related to restricted stock, performance share awards and stock options for the year ended June 30, 2022:
| Restricted Stock |  | Performance Share Awards |  | Stock Options
| Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Awards | Weighted Average Fair Value at Grant Date |  | Number of Options | Weighted Average Exercise Price
Outstanding at June 30, 2021 | 990,301 |  | $ | 35.27 |  |  | 1,731,002 |  | $ | 35.56 |  |  | 2,163,006 |  | $ | 30.32 |
Granted | 658,389 |  | 37.74 |  |  | 651,392 |  | 37.22 |  |  | — |  | — |
Vested/exercised | (295,854) |  | 40.16 |  |  | (588,142) |  | 43.74 |  |  | (1,252,486) |  | 30.21 |
Forfeited | (151,706) |  | 33.96 |  |  | (215,457) |  | 32.18 |  |  | (14,166) |  | 36.77 |
Outstanding at June 30, 2022 | 1,201,130 |  | $ | 35.59 |  |  | 1,578,795 |  | $ | 33.66 |  |  | 896,354 |  | $ | 30.38 |
Stock options outstanding and exercisable at June 30, 2022 |  |  |  |  | 896,354 |  | $ | 30.38 |
Schedule of Unrecognized Compensation | Unrecognized stock-based compensation expense at June 30, 2022 was as follows (in thousands). At June 30, 2022, there was no unrecognized stock-based compensation expense for outstanding stock options.
| Unrecognized Stock-Based Compensation Expense |  | Weighted Average Amortization Period
Restricted stock | $ | 22,082 |  |  | 1.9 years
Performance share awards | 20,553 |  |  | 1.6 years
Total unrecognized stock-based compensation expense | $ | 42,635 |  |  | 1.8 years
Summary of the Aggregate Intrinsic Value of Stock Options | The aggregate intrinsic value of stock options at June 30, 2022 was as follows (in thousands):
| Intrinsic Value of Stock Options
Outstanding and exercisable | $ | 4,768 |
Exercised during the year ended June 30, 2022 | 9,765 |

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