EQUITY AND SHARE-BASED COMPENSATION (Tables)
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12 Months Ended |
Jun. 30, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Share-based Compensation Costs |
Share-based compensation expense for the periods indicated below is detailed as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Performance Share Units (issued under LTIP) | $ | 20,506 | | | $ | 21,121 | | | $ | 26,415 | | | Restricted Share Units (issued under LTIP) | 15,212 | | | 15,418 | | | 10,677 | | | Restricted Share Units (other) | 26,405 | | | 42,706 | | | 75,642 | | | Stock Options (issued under Stock Option Plans) | 9,525 | | | 15,694 | | | 18,167 | | | Employee Stock Purchase Plan | 5,278 | | | 5,979 | | | 6,016 | | | Deferred Share Units (directors) | 3,710 | | | 3,922 | | | 3,162 | | | Total share-based compensation expense | $ | 80,636 | | | $ | 104,840 | | | $ | 140,079 | |
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| Schedule of Unrecognized Compensation Cost |
A summary of unrecognized compensation cost for unvested share-based compensation awards is as follows: | | | | | | | | | | | | | As of June 30, 2026 | | Unrecognized Compensation Cost | | Weighted Average Recognition Period (years) | | Performance Share Units (issued under LTIP) | $ | 38,230 | | | 1.87 | | Restricted Share Units (issued under LTIP) | 10,957 | | | 1.36 | | Restricted Share Units (other) | 30,481 | | | 1.54 | | Stock Options (issued under Stock Option Plans) | 27,048 | | | 2.42 | | Total unrecognized share-based compensation cost | $ | 106,716 | | | |
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| Schedule of Share-based Compensation, Stock Options, Outstanding Under Various Plans |
A summary of stock options outstanding under our 2004 Stock Option Plan is set forth below. | | | | | | | 2004 Stock Option Plan | | Date of inception | Oct-04 | | Eligibility | Eligible employees, as determined by the Board of Directors | | Options granted to date | 52,636,819 | | Options exercised to date | (23,958,258) | | Options cancelled to date | (21,115,051) | | Options outstanding | 7,563,510 | | Options available for issuance | 8,641,512 | | Termination grace periods | Immediately “for cause”; 90 days for any other reason; 180 days due to death | | Vesting schedule | 25% per year, unless otherwise specified | | Exercise price range | $24.72 - $52.62 | | Expiration dates | July 3, 2026 - May 11, 2033 |
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| Schedule of Option Activity |
A summary of activity under our stock option plans for the year ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Options | | Weighted-
Average Exercise
Price | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000’s) | Outstanding at June 30, 2025 | 12,306,554 | | | $ | 36.73 | | | 3.93 | | $ | 5,942 | | | Granted | 2,001,322 | | | 28.71 | | | | | | | Exercised | (882,080) | | | 30.96 | | | | | | | Forfeited or expired | (5,862,286) | | | 38.08 | | | | | | Outstanding at June 30, 2026 | 7,563,510 | | | $ | 34.23 | | | 4.25 | | $ | — | | Exercisable at June 30, 2026 | 3,688,466 | | | $ | 38.81 | | | 2.85 | | $ | — | |
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| Schedule of Weighted-Average Fair Value of Options and Weighted-Average Assumptions Used |
For the periods indicated, the weighted-average fair value of options and weighted-average assumptions estimated under the Black-Scholes option-pricing model were as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Weighted–average fair value of options granted | $ | 6.36 | | | $ | 5.80 | | | $ | 9.00 | | | Weighted-average assumptions used: | | | | | | | Expected volatility | 32.06 | % | | 28.96 | % | | 30.46 | % | | Risk–free interest rate | 3.80 | % | | 3.81 | % | | 4.44 | % | | Expected dividend yield | 3.88 | % | | 3.60 | % | | 2.73 | % | | Expected life (in years) | 4.32 | | 4.32 | | 4.26 | | Forfeiture rate (based on historical rates) | 7 | % | | 7 | % | | 7 | % | | Average exercise share price | $ | 30.96 | | | $ | 26.81 | | | $ | 36.55 | |
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| Schedule of Non Option Award Activity |
A summary of activity under our PSUs issued under the LTIP for the year ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Units | | Weighted-Average
Grant-Date Fair Value | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000’s) | Outstanding at June 30, 2025 | 1,972,941 | | | $ | 49.87 | | | 1.52 | | $ | 51,956 | | Granted (1) | 1,041,815 | | | 48.51 | | | | | | Vested (1) | (325,768) | | | 51.19 | | | | | | | Forfeited or expired | (918,337) | | | 47.60 | | | | | | Outstanding at June 30, 2026 | 1,770,651 | | | $ | 50.01 | | | 1.68 | | $ | 39,220 | |
______________________ (1)PSUs are earned based on market or performance conditions and the actual number of PSUs earned, if any, may range from 0 to 200 percent.
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| Schedule of Weighted Average Assumptions, Fair Value and Intrinsic Value |
For the periods indicated, the weighted-average fair value of market-based PSUs issued under LTIP, and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Weighted–average fair value of PSUs granted | $50.18 | | $47.96 - $47.96 | | $21.17 - $59.48 | | Weighted-average assumptions used: | | | | | | | Expected volatility | 32.40 | % | | 30.26 | % | | 28.00 | % | | Risk–free interest rate | 3.66 | % | | 3.67 | % | | 4.38% - 4.95% | | Expected dividend yield | — | % | | — | % | | — | % | | Expected life (in years) | 3.09 | | 3.11 | | 3.00 | | Forfeiture rate (based on historical rates) | 7 | % | | 7 | % | | 7 | % | | Weighted–average fair value of PSUs vested | $ | 53.05 | | | $ | 75.14 | | | $ | — | | | Aggregate intrinsic value of PSUs vested ($ in ‘000’s) | $ | 11,253 | | | $ | 8,020 | | | $ | — | |
For the periods indicated, the weighted-average fair value and aggregate intrinsic value of RSUs (issued under LTIP) were as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Weighted–average fair value of RSUs granted | $ | 29.44 | | | $ | 28.43 | | | $ | 35.07 | | | Weighted–average fair value of RSUs vested | $ | 34.42 | | | $ | 49.92 | | | $ | 43.40 | | | Aggregate intrinsic value of RSUs vested ($ in ‘000’s) | $ | 16,259 | | | $ | 5,111 | | | $ | 9,093 | |
For the periods indicated, the weighted-average fair value and intrinsic value of RSUs (other) were as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Weighted–average fair value of RSUs (other) granted | $ | 34.05 | | | $ | 27.37 | | | $ | 38.04 | | | Weighted–average fair value of RSUs (other) vested | $ | 33.82 | | | $ | 35.63 | | | $ | 40.94 | | | Aggregate intrinsic value of RSUs (other) vested ($ in ‘000’s) | $ | 42,146 | | | $ | 69,891 | | | $ | 62,821 | |
For the periods indicated, the weighted-average fair value and intrinsic value of DSUs were as follows: | | | | | | | | | | | | | | | | | | | Year Ended June 30, | | 2026 | | 2025 | | 2024 | | Weighted–average fair value of deferred share units granted | $ | 30.84 | | | $ | 31.03 | | | $ | 38.43 | | | Weighted–average fair value of deferred share units vested | $ | 30.24 | | | $ | 34.21 | | | $ | 36.81 | | | Aggregate intrinsic value of deferred share units vested ($ in ‘000’s) | $ | 3,838 | | | $ | 3,194 | | | $ | 1,461 | |
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| Schedule of Restricted Stock Activity |
A summary of activity under our RSUs issued under the LTIP for the year ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Units | | Weighted-Average
Grant-Date Fair Value | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000’s) | Outstanding at June 30, 2025 | 1,272,015 | | | $ | 33.11 | | | 1.70 | | $ | 37,143 | | | Granted | 839,657 | | | 29.44 | | | | | | | Vested | (499,783) | | | 34.42 | | | | | | | Forfeited or expired | (358,174) | | | 30.35 | | | | | | Outstanding at June 30, 2026 | 1,253,715 | | | $ | 30.92 | | | 1.74 | | $ | 27,770 | |
A summary of activity under our RSUs (other) issued for the year ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Units | | Weighted-Average
Grant-Date Fair Value | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000’s) | Outstanding at June 30, 2025 | 2,639,883 | | | $ | 33.11 | | | 2.00 | | $ | 77,084 | | | Granted | 945,505 | | | 34.05 | | | | | | | Vested | (1,237,728) | | | 33.82 | | | | | | | Forfeited or expired | (224,745) | | | 34.18 | | | | | | Outstanding at June 30, 2026 | 2,122,915 | | | $ | 33.00 | | | 1.94 | | $ | 47,023 | |
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| Schedule of Nonvested Share Activity |
A summary of activity under our DSUs issued for the year ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Units | | Weighted-Average
Price | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000’s) | Outstanding at June 30, 2025 (1) | 903,970 | | | $ | 31.04 | | | 0.34 | | $ | 26,415 | | Granted (2) | 120,990 | | | 30.84 | | | | | | | Settled | (233,992) | | | 28.37 | | | | | | Outstanding at June 30, 2026 (2) | 790,968 | | | $ | 31.80 | | | 0.44 | | $ | 17,070 | |
______________________ (1) Includes 62,177 unvested DSUs. (2) Includes 66,419 unvested DSUs.
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