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Stock-Based Compensation
3 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION
Stock Options
Changes in our stock options for the three months ended September 30, 2019 were as follows:
 
Options
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Life (years)
 
Aggregate
Intrinsic value
(in thousands)
Options outstanding, June 30, 2019
781,673

 
$
33.92

 
 
 
 
Exercised
(17,152
)
 
21.48

 
 
 
 
Lapsed or forfeited
(33,592
)
 
42.78

 
 
 
 
Options outstanding, September 30, 2019
730,929

 
$
33.80

 
3.5
 
$
1,699

Options vested, September 30, 2019
730,929

 
$
33.80

 
3.5
 
$
1,699

Options exercisable, September 30, 2019
730,929

 
$
33.80

 
3.5
 
$
1,699


As of September 30, 2019, there was no unrecognized compensation cost related to options outstanding.
All options were fully vested as of September 30, 2019. Fair value of options vested during the three months ended September 30, 2018 was $1.0 million. The amount of cash received from the exercise of capital stock options during the three months ended September 30, 2019 and 2018 was $0.1 million and $3.1 million, respectively. The total intrinsic value of options exercised during the three months ended September 30, 2019 and 2018 was $0.2 million and $1.4 million, respectively.
Restricted Stock Units – Performance Vesting and Time Vesting
Changes in our performance vesting and time vesting restricted stock units for the three months ended September 30, 2019 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, 2019
405,230

 
$
35.58

 
926,927

 
$
36.43

Granted
275,216

 
28.74

 
612,036

 
27.90

Vested
(146,377
)
 
27.08

 
(390,570
)
 
32.87

Performance metric adjustments, net
32,707

 
32.79

 

 

Forfeited
(1,440
)
 
39.26

 
(4,852
)
 
37.68

Unvested, September 30, 2019
565,336

 
$
34.28

 
1,143,541

 
$
33.08

During the three months ended September 30, 2019 and 2018, compensation expense related to time vesting and performance vesting restricted stock units was $7.8 million. As of September 30, 2019, the total unrecognized compensation cost related to unvested time vesting and performance vesting restricted stock units was $33.4 million and is expected to be recognized over a weighted average period of 2.3 years.