Share-Based Compensation (Tables)

6 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Fair Value of Each Option Award Estimated on Date of Grant Using Black-Scholes Option Valuation Model

The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model, which uses the assumptions noted in the following table. There were no options granted during the six months ended December 31, 2015.

	Six Months Ended December 31, 2015
Expected volatility	31.6% - 38.6%
Weighted-average volatility	35.1%
Expected annual dividend	$1.32
Expected term (in years)	2.12 - 4.46
Risk-free rate	0.4% - 1.4%

Summary of Stock Option Activity

A summary of option activity under the Plans as of December 31, 2015 and changes during the six months ended December 31, 2015 is presented below:

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at June 30, 2015		837,398			70.40		5.62	$	40,864
Granted		0			0.00
Exercised		(103,953	)		55.67
Forfeited or expired		(17,938	)		80.24
Outstanding at December 31, 2015		715,507		$	72.79		5.16	$	20,454
Exercisable at December 31, 2015		583,222		$	73.61		4.59	$	16,642

Schedule of Non-vested Restricted Stock Unit Activity

A summary of equity classified restricted stock unit activity as of December 31, 2015 and changes during the six months ended December 31, 2015 is presented below:

	Restricted Stock Units
Nonvested at June 30, 2015		1,293,034
Granted		734,161
Vested		(431,310	)
Forfeited		(81,775	)
Nonvested at December 31, 2015		1,514,110

Summary of Cash-Settled Stock Appreciation Rights

A summary of cash-settled stock appreciation rights as of December 31, 2015 and changes during the six months ended December 31, 2015 is presented below:

	Stock Appreciation Rights
Non-vested at June 30, 2015		6,794
Granted		1,709
Vested		(4,161	)
Forfeited		0
Non-vested at December 31, 2015		4,342
Exercisable		6,064