EQUITY AND SHARE-BASED COMPENSATION (Tables)
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3 Months Ended |
Sep. 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: | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | | Performance Share Units (issued under LTIP) | $ | 6,688 | | | $ | 3,385 | | | Restricted Share Units (issued under LTIP) | 3,761 | | | 3,571 | | | Restricted Share Units (other) | 6,795 | | | 7,465 | | | Stock Options (issued under Stock Option Plans) | 341 | | | 1,006 | | | Employee Stock Purchase Plan | 1,226 | | | 1,340 | | | Deferred Share Units (directors) | 883 | | | 914 | | | Total share-based compensation expense | $ | 19,694 | | | $ | 17,681 | |
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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 September 30, 2026 | | Unrecognized Compensation Cost | | Weighted Average Recognition Period (years) | | Performance Share Units (issued under LTIP) | $ | 75,527 | | | 2.48 | | Restricted Share Units (issued under LTIP) | 26,749 | | | 1.75 | | Restricted Share Units (other) | 32,466 | | | 1.34 | | Stock Options (issued under Stock Option Plans) | 23,674 | | 2.38 | | Total unrecognized share-based compensation cost | $ | 158,416 | | | |
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| Schedule of Non Option Award Activity |
A summary of activity under our PSUs issued under the LTIP for the three months ended September 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, 2026 | 1,770,651 | | | $ | 50.01 | | | 1.68 | | $ | 39,220 | | Granted (1) | 1,174,701 | | | 43.02 | | | | | | | | | | | | | | | Forfeited or expired | (122,402) | | | 48.30 | | | | | | Outstanding at September 30, 2026 | 2,822,950 | | | $ | 47.17 | | | 2.15 | | $ | 63,291 | |
______________________ (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 the LTIP and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | | Weighted–average fair value of PSUs granted | $ | 43.59 | | | $ | 50.18 | | | Weighted-average assumptions used: | | | | | Expected volatility | 33.16 | % | | 32.40 | % | | Risk–free interest rate | 4.21 | % | | 3.66 | % | | Expected dividend yield | — | % | | — | % | | Expected life (in years) | 3.11 | | 3.09 | | | | |
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| Schedule of Restricted Stock Activity |
A summary of activity under our RSUs issued under the LTIP for the three months ended September 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, 2026 | 1,253,715 | | | $ | 30.92 | | | 1.74 | | $ | 27,770 | | | Granted | 880,248 | | | 25.91 | | | | | | | Vested | (326,528) | | | 29.28 | | | | | | | Forfeited or expired | (90,397) | | | 29.05 | | | | | | Outstanding at September 30, 2026 | 1,717,038 | | | $ | 28.76 | | | 2.28 | | $ | 38,496 | |
A summary of activity under our RSUs (other) issued for the three months ended September 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, 2026 | 2,122,915 | | | $ | 33.00 | | | 1.94 | | $ | 47,023 | | | Granted | 446,964 | | | 24.97 | | | | | | | | | | | | | | | Forfeited or expired | (67,632) | | | 32.66 | | | | | | Outstanding at September 30, 2026 | 2,502,247 | | | $ | 31.58 | | | 1.79 | | $ | 56,100 | |
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| Schedule of Option Activity |
A summary of activity under our stock option plans for the three months ended September 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, 2026 | 7,563,510 | | | $ | 34.23 | | | 4.25 | | $ | — | | | Granted | 152,500 | | | 25.66 | | | | | | | | | | | | | | | Forfeited or expired | (715,512) | | | 33.72 | | | | | | Outstanding at September 30, 2026 | 7,000,498 | | | $ | 34.09 | | | 4.16 | | $ | — | | Exercisable at September 30, 2026 | 3,556,273 | | | $ | 38.52 | | | 2.84 | | $ | — | |
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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: | | | | | | | | | | | | | Three Months Ended September 30, | | 2026 | | 2025 | | Weighted–average fair value of options granted | $ | 5.85 | | | $ | 6.69 | | | Weighted-average assumptions used: | | | | | Expected volatility | 33.66 | % | | 31.00 | % | | Risk–free interest rate | 4.36 | % | | 3.77 | % | | Expected dividend yield | 4.29 | % | | 3.52 | % | | Expected life (in years) | 4.32 | | 4.37 | | Forfeiture rate (based on historical rates) | 7 | % | | 7 | % | | Average exercise share price | $ | 25.66 | | | $ | 30.22 | |
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| Schedule of Nonvested Share Activity |
A summary of activity under our DSUs issued for the three months ended September 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Units | | Weighted-Average
Price | | Weighted-
Average
Remaining
Contractual Term
(years) | | Aggregate
Intrinsic Value
($’000's) | Outstanding at June 30, 2026 (1) | 790,968 | | | $ | 31.80 | | | 0.44 | | $ | 17,070 | | | Granted | 13,144 | | | 24.02 | | | | | | | | | | | | | | Outstanding at September 30, 2026 (2) | 804,112 | | | $ | 31.67 | | | 0 | | $ | 18,028 | |
______________________ (1)Includes 66,419 unvested DSUs. (2)Includes 66,172 unvested DSUs.
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