v3.26.3
Stock-Based Compensation and Incentive Performance Plans (Tables)
 12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of All Stock-Based Award Activity A summary of all stock-based award activity for the twelve months ended June 30, 2026 is as follows:

 

 

2026

 

 

2025

 

 

Number of
Shares
and Units

 

 

Weighted
Average
Grant
Date Fair
Value
(per share)

 

 

Number of
Shares
and Units

 

 

Weighted
Average
Grant
Date Fair
Value
(per share)

 

Non-vested at beginning of period - RSUs and PSUs

 

 

2,627

 

 

$

9.09

 

 

 

2,165

 

 

$

15.03

 

Granted

 

 

5,407

 

 

$

0.95

 

 

 

2,278

 

 

$

6.94

 

Vested

 

 

(978

)

 

$

6.80

 

 

 

(624

)

 

$

13.52

 

Forfeited

 

 

(1,124

)

 

$

8.37

 

 

 

(1,192

)

 

$

13.46

 

Non-vested at end of period - RSUs and PSUs

 

 

5,932

 

 

$

2.18

 

 

 

2,627

 

 

$

9.09

 
'Schedule of RSUs and PSUs Grant Information

The fair value of RSUs and PSUs granted and of shares vested, and the tax benefit recognized from restricted shares vesting, for the last two fiscal years ended June 30 was as follows:

 

Fiscal Year Ended June 30,

 

 

2026

 

 

2025

 

Fair value of RSUs and PSUs granted

 

$

5,134

 

 

$

15,806

 

Fair value of RSUs and PSUs vested

 

$

1,280

 

 

$

4,826

 

Tax benefit recognized from RSUs and PSUs vesting

 

$

212

 

 

$

625

 

 
Schedule of Average Assumptions Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:

 

Relative
TSR PSUs

 

Grant date fair value (per target share)

 

$

0.89

 

Risk-free interest rate

 

 

3.58

%

Expected volatility

 

 

18.80

%

Expected term

 

3.00 years

 
Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:

 

Relative
TSR PSUs

 

Grant date fair value (per target share)

 

$

9.89

 

Risk-free interest rate

 

 

4.09

%

Expected volatility

 

 

20.90

%

Expected term

 

3.00 years
Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:

 

Fiscal Year ended June 30, 2024

 

 

Absolute
TSR PSUs

 

 

Relative
TSR PSUs

 

Grant date fair value (per target share)

 

$

12.23

 

 

$

15.42

 

Risk-free interest rate

 

 

4.98

%

 

 

4.98

%

Expected volatility

 

 

33.70

%

 

 

23.10

%

Expected term

 

3.00 years

 

 

3.00 years
Grant date fair values are calculated using a Monte Carlo simulation model with grant date fair values per target share and related valuation assumptions as follows:

 

 

Fiscal Year ended June 30, 2023

 

 

Absolute
TSR PSUs

 

 

Relative
TSR PSUs

 

Grant date fair value (per target share)

 

$

12.23

 

 

$

15.42

 

Risk-free interest rate

 

 

4.98

%

 

 

4.98

%

Expected volatility

 

 

33.70

%

 

 

23.10

%

Expected term

 

3.00 years

 

 

3.00 years

 
Schedule of Compensation Cost and Related Income Tax Benefits Recognized

Compensation cost and related income tax benefits recognized on the consolidated statements of operations for stock-based compensation plans were as follows:

 

 

Fiscal Year Ended June 30,

 

 

2026

 

 

2025

 

Selling, general and administrative expense

 

 

 

 

 

 

Stock-based awards

 

$

5,471

 

 

$

8,149

 

Cash-settled awards

 

 

928

 

 

 

697

 

Total selling, general and administrative expense

 

$

6,399

 

 

$

8,846

 

Related income tax benefit

 

$

273

 

 

$

882