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Stock-Based Compensation
6 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION
Stock Options
Changes in our stock options for the six months ended December 31, 2018 were as follows:
 
Options
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Life (years)
 
Aggregate
Intrinsic value
(in thousands)
Options outstanding, June 30, 2018
989,992

 
$
33.08

 
 
 
 
Exercised
(136,405
)
 
29.18

 
 
 
 
Lapsed or forfeited
(7,000
)
 
45.24

 
 
 
 
Options outstanding, December 31, 2018
846,587

 
$
33.61

 
4.0
 
$
3,018

Options vested and expected to vest, December 31, 2018
846,587

 
$
33.61

 
4.0
 
$
3,018

Options exercisable, December 31, 2018
841,920

 
$
33.68

 
4.0
 
$
2,960


Fair value of options vested during the six months ended December 31, 2018 and 2017 was $1.2 million and $1.7 million, respectively. The amount of cash received from the exercise of capital stock options during the six months ended December 31, 2018 and 2017 was $3.9 million and $19.1 million, respectively. The total intrinsic value of options exercised during the six months ended December 31, 2018 and 2017 was $1.8 million and $4.8 million, respectively.
Restricted Stock Units – Performance Vesting and Time Vesting
Changes in our performance vesting and time vesting restricted stock units for the six months ended December 31, 2018 were as follows:
 
Performance Vesting Stock Units
 
Performance Vesting Weighted Average Fair Value
 
Time Vesting
Stock Units
 
Time Vesting Weighted Average Fair Value
Unvested, June 30, 2018
409,297

 
$
31.22

 
1,083,675

 
$
30.47

Granted
161,066

 
40.10

 
536,910

 
38.92

Vested
(36,394
)
 
31.86

 
(461,851
)
 
31.22

Performance metric adjustments, net
41,196

 
29.69

 

 

Forfeited
(44,179
)
 
31.04

 
(26,371
)
 
32.27

Unvested, December 31, 2018
530,986

 
$
33.77

 
1,132,363

 
$
34.15

During the six months ended December 31, 2018 and 2017, compensation expense related to time vesting and performance vesting restricted stock units was $12.8 million and $11.0 million, respectively. As of December 31, 2018, the total unrecognized compensation cost related to unvested time vesting and performance vesting restricted stock units was $26.7 million and is expected to be recognized over a weighted average period of 2.3 years.