Note 9 - Share-based Compensation |
3 Months Ended |
|---|---|
Sep. 30, 2018 | |
| Notes to Financial Statements | |
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] |
Note 9. Share-based Compensation:During the quarter ended September 30, 2018 and 2017, the Company granted 0.9 million and 0.6 million stock options at weighted average grant prices of $173.33 and $114.60 and weighted average fair values of $34.30 and $20.47, respectively. During the quarter ended September 30, 2018 and 2017, the Company granted 53,903 and 500 restricted stock units at a weighted average fair value of $170.74 and $122.57, respectively. During the quarter ended September 30, 2018, the Company granted 11,279 shares of restricted common stock shares at a grant date fair value of $177.32. The Company did not grant any shares of restricted common stock during the quarter ended September 30, 2017.
Stock options for 166,577 and 32,625 shares of common stock with total intrinsic values of $14.9 million and $0.9 million were exercised during the quarter ended September 30, 2018 and 2017, respectively.Stock-based compensation expense of
$11.6 million and $3.8 million was included in selling, general and administrative expenses for the quarter ended September 30, 2018 and 2017, respectively. As of September 30, 2018, there was $42.7 million of unrecognized compensation cost related to non-vested stock options, non-vested restricted stock units and non-vested restricted stock. The weighted average period over which the compensation cost is expected to be recognized is 2.4 years. |