v3.26.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Share-Based Compensation Expense Compensation costs charged to expense under award programs paid (or to be paid) with shares (including SARs, performance shares, RSAs, and RSUs) are summarized in the table below:
Year Ended June 30,202620252024
SARs$5,519 $4,713 $3,448 
Performance shares3,102 2,999 4,232 
RSAs and RSUs4,283 4,290 5,264 
Total compensation costs under award programs$12,904 $12,002 $12,944 
Schedule of Unrecognized Compensation Cost for Share-Based Award Programs
The aggregate unrecognized compensation cost for share-based award programs with the potential to be paid at June 30, 2026 is summarized in the table below:
June 30,2026Average Expected Period of Expected Recognition (Years)
SARs$6,830 1.4
Performance shares4,001 0.9
RSAs and RSUs3,698 0.9
Total unrecognized compensation costs under award programs$14,529 1.1
Schedule of Weighted-Average Assumptions Used for SARs Grants Issued
The weighted-average assumptions used for SARs grants issued during 2026, 2025, and 2024 are:
Year Ended June 30,202620252024
Expected life, in years6.06.06.0
Risk free interest rate3.9 %3.7 %4.1 %
Dividend yield0.7 %0.8 %1.0 %
Volatility33.1 %37.3 %37.0 %
Per share fair value of SARs granted during the year$96.23$78.15$55.65
Schedule of SARs Activity
A summary of SARs activity is presented below:
SharesWeighted-Average
Exercise Price
Year Ended June 30, 2026
(Shares in thousands)
Outstanding at beginning of year710 $97.47 
Granted63 271.01 
Exercised(111)84.93 
Forfeited(8)185.38 
Outstanding at end of year654 $115.13 
Exercisable at end of year464 $81.95 
Expected to vest at end of year654 $115.05 
Schedule of Non-Vested Performance Shares Activity
A summary of non-vested performance shares activity at June 30, 2026 is presented below:
Shares
Weighted-Average
Grant-Date
Fair Value
Year Ended June 30, 2026
(Shares in thousands)
Non-vested at beginning of year62 $117.80 
Awarded16 205.27 
Vested(43)100.04 
Non-vested at end of year35 $178.44 
Schedule of Non-Vested Restricted Stock and RSUs Activity
A summary of the status of the Company’s non-vested RSAs and RSUs at June 30, 2026 is presented below:
Shares
Weighted-Average
Grant-Date
Fair Value
Year Ended June 30, 2026
(Share amounts in thousands)
Non-vested at beginning of year80 $142.41 
Granted21 274.13 
Forfeitures(6)184.43 
Vested(32)123.79 
Non-vested at end of year63 $191.71