v3.25.2
SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Activity
Total expense and related recognized tax benefit were as follows:
Fiscal years ended June 30202520242023
Stock options$219 $270 $303 
RSUs and PSUs257 292 242 
Total share-based expense$476 $562 $545 
Income tax benefit$85 $103 $103 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions Assumptions utilized in the model, which are evaluated and revised to reflect market conditions and experience, were as follows:
Fiscal years ended June 30202520242023
Interest rate3.5-4.4 %4.6-5.5 %3.7-4.1 %
Weighted average interest rate3.7 %4.6 %3.7 %
Dividend yield2.4 %2.5 %2.6 %
Expected volatility18 %18 %21 %
Expected life in years8.98.88.8
The following table provides additional information on stock options:
Fiscal years ended June 30202520242023
Weighted average grant-date fair value of options granted$36.23 $34.25 $29.58 
Intrinsic value of options exercised1,546 1,621 979 
Grant-date fair value of options that vested299 244 219 
Cash received from options exercised1,693 1,888 1,189 
Actual tax benefit from options exercised321 330 207 
Share-based Payment Arrangement, Option, Activity
A summary of options outstanding under the plans as of June 30, 2025, and activity during the year then ended is presented below:
OptionsOptions
(in thousands)		Weighted Average Exercise PriceWeighted Average Contractual Life in YearsAggregate Intrinsic Value
OUTSTANDING AT JULY 1, 2024107,362$111.59 
Granted8,347 173.33 
Exercised(18,806)90.05 
Forfeited/expired(282)150.86 
OUTSTANDING AT JUNE 30, 202596,621 $120.96 5.0$3,822 
Exercisable70,717 $110.32 3.9$3,466 
Schedule of Nonvested Share Activity
A summary of non-vested RSUs and PSUs outstanding under the plans as of June 30, 2025, and activity during the year then ended is presented below:
RSUsPSUs
RSU and PSU awardsUnits (in thousands)Weighted Average Grant Date Fair ValueUnits (in thousands)Weighted Average Grant Date Fair Value
Non-vested at July 1, 20243,321 $139.65 1,016 $144.06 
Granted1,418 171.87 459 177.08 
Vested(1,291)143.38 (541)134.16 
Forfeited(87)148.61 (10)164.79 
Non-vested at June 30, 20253,361 $151.58 924 $166.15