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STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Expense and Resulting Tax Benefits

Stock-based compensation expense and the resulting deferred tax benefits were as follows (in thousands):

			Three Months Ended March 31,												Nine Months Ended March 31,
			2023						2022						2023						2022
Pre-tax stock-based compensation expense			$	6,560					$	14,004					$	16,375					$	37,792
Less: deferred tax benefit (a)			2,400						3,288						4,407						8,013
Total stock-based compensation expense, net of tax			$	4,160					$	10,716					$	11,968					$	29,779

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(a)For the three and nine months ended March 31, 2023, the deferred tax benefit was reduced by $0.7 million and $0.2 million, respectively, 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 Information Related to Restricted Stock

The following table includes information related to restricted stock, performance share awards and stock options for the nine months ended March 31, 2023:

			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, 2022			1,201,130						$	35.59					1,578,795						$	33.66					896,354						$	30.38
Granted			419,519						36.69						823,009						35.34						—						—
Vested/exercised			(257,571)						36.37						(826,743)						36.35						(24,351)						32.84
Forfeited			(72,268)						35.81						(81,350)						33.41						(2,906)						35.65
Outstanding at March 31, 2023			1,290,810						$	35.78					1,493,711						$	33.09					869,097						$	30.30
Stock options outstanding and exercisable at March 31, 2023																											869,097						$	30.30

Schedule of Information Related to Performance Share Awards

The following table includes information related to restricted stock, performance share awards and stock options for the nine months ended March 31, 2023:

			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, 2022			1,201,130						$	35.59					1,578,795						$	33.66					896,354						$	30.38
Granted			419,519						36.69						823,009						35.34						—						—
Vested/exercised			(257,571)						36.37						(826,743)						36.35						(24,351)						32.84
Forfeited			(72,268)						35.81						(81,350)						33.41						(2,906)						35.65
Outstanding at March 31, 2023			1,290,810						$	35.78					1,493,711						$	33.09					869,097						$	30.30
Stock options outstanding and exercisable at March 31, 2023																											869,097						$	30.30

Schedule of Information Related to Stock Options

The following table includes information related to restricted stock, performance share awards and stock options for the nine months ended March 31, 2023:

			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, 2022			1,201,130						$	35.59					1,578,795						$	33.66					896,354						$	30.38
Granted			419,519						36.69						823,009						35.34						—						—
Vested/exercised			(257,571)						36.37						(826,743)						36.35						(24,351)						32.84
Forfeited			(72,268)						35.81						(81,350)						33.41						(2,906)						35.65
Outstanding at March 31, 2023			1,290,810						$	35.78					1,493,711						$	33.09					869,097						$	30.30
Stock options outstanding and exercisable at March 31, 2023																											869,097						$	30.30

Schedule of Unrecognized Stock-Based Compensation Expense

Unrecognized stock-based compensation expense at March 31, 2023 was as follows (in thousands):

			Unrecognized Stock-Based Compensation Expense						Weighted Average Amortization Period
Restricted stock			$	23,381					1.8 years
Performance share awards			22,830						1.8 years
Total unrecognized stock-based compensation expense			$	46,211					1.8 years

Schedule of Aggregate Intrinsic Value of Stock Options

The aggregate intrinsic value of stock options at March 31, 2023 was as follows (in thousands):

			Intrinsic Value of Stock Options
Outstanding and exercisable			$	2,325
Exercised during the nine months ended March 31, 2023			78

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