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NONCONTROLLING INTERESTS AND REDEEMABLE NONCONTROLLING INTERESTS (Tables)
12 Months Ended
Jun. 30, 2017
Noncontrolling Interest [Abstract]  
Redeemable noncontrolling interest redemption adjustments
The Company adjusts the redeemable noncontrolling interest to the redemption values at the end of each reporting period with changes recognized as adjustments to APIC.
 
Middle East
Percentage of redeemable noncontrolling interest
33%
Earliest exercise date(s)
33.0% in July 2028(a)
Formula of redemption value
3-year average of EBIT(b) * 6
 
 

(a) Upon the effective date of the amendment (July 1, 2017), the parties will be entitled to call or put the remaining 25% interest in July 2028.
(b) EBIT is defined in the stockholder agreement as earnings before interest and income taxes.