INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) |
12 Months Ended | ||
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Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2018 |
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Income Tax Disclosure [Abstract] | |||
Federal statutory rate | 21.00% | 21.00% | 28.10% |
State income taxes, net of federal benefit | 0.20% | 0.50% | 0.50% |
Effect of foreign operations taxed at various rates | (12.10%) | (10.50%) | (11.00%) |
Tax Cuts and Jobs Act of 2017 - Transition tax and deferred tax effects | 0.00% | (1.50%) | 30.30% |
Global intangible low-taxed income | 3.00% | 3.50% | 0.00% |
Foreign derived intangible income | (5.00%) | (4.00%) | 0.00% |
Research and development tax credit | (1.80%) | (1.80%) | (1.40%) |
Net change in tax reserves | 1.50% | 1.40% | (0.40%) |
Domestic manufacturing benefit | 0.00% | 0.00% | (1.10%) |
Non-deductible impairment of goodwill | 4.10% | 0.00% | 0.00% |
Effect of stock-based compensation | (0.30%) | 0.40% | (0.10%) |
Restructuring | (2.60%) | 0.00% | 0.00% |
Other | (0.30%) | 0.40% | 0.00% |
Effective income tax rate | 7.70% | 9.40% | 44.90% |
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- Definition Effective Income Tax Rate Reconciliation, Foreign Derived Intangible Income, Percent No definition available.
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- Definition Effective Income Tax Rate Reconciliation, Global Intangible Low-Taxed Income, Percent No definition available.
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- Definition Effective Income Tax Rate Reconciliation Net Change In Tax Reserves pertaining to FIN 48 No definition available.
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- Definition Effective Income Tax Rate Reconciliation, Nondeductible Impairment Of Goodwill, Percent No definition available.
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- Definition Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act, Percent No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to deduction for qualified production activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to restructuring charges. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying domestic federal statutory income tax rate to pretax income (loss) from continuing operation, attributable to nondeductible expense for share-based payment arrangement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to research tax credit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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