Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2014

Stock-Based Compensation [Abstract]

Range Of Assumptions Used To Value Options Granted

	2014	2013	2012
Expected volatility	50%	49%	37% - 39%
Expected dividends	0%	0%	0%
Expected life (in years)	3	3	3
Risk-free rate	0.9%	0.3%	1.9% - 0.9%

Summarized Stock Option Activity

The following table summarizes stock option activity for the years ended June 30, 2014, 2013 and 2012:

				Weighted
				Average		Weighted
			Weighted	Remaining	Aggregate	Average
			average	Contractual	Intrinsic	Grant
	Number of		exercise	Term	Value	Date Fair
	shares		price ($)	(in years)	($'000)	Value ($)
Outstanding – July 1, 2011	2,120,656		18.44	6.82	243
Granted under Plan: August 2011	165,000		6.59	10.00	297	1.80
Granted under Plan: October 2011	202,000		7.98	10.00	442	2.19
Forfeitures	(240,073	)	21.68		-
Outstanding – June 30, 2012	2,247,583		16.28	6.43	602	-
Granted under Plan: August 2012	431,000		8.75	10.00	1,249	2.90
Exercised	(30,000	)	7.98		24
Outstanding – June 30, 2013	2,648,583		15.15	5.98	313
Granted under Plan: August 2013	224,896		7.35	10.00	568	2.53
Exercised	(26,667	)	7.00		91
Forfeited	(136,420	)	23.51		-
Outstanding – June 30, 2014	2,710,392		14.16	5.38	3,909

The following table presents stock options vesting and expecting to vest as of June 30, 2014:

			Weighted
		Weighted	Average
		average	Remaining	Aggregate
		exercise	Contractual	Intrinsic
	Number of	price	Term	Value
	shares	($)	(in years)	($'000)
Vested and expecting to vest
– June 30, 2014	2,710,392	14.16	5.38	3,909

These options have an exercise price range of $6.59 to $24.46.

The following table presents stock options that are exercisable as of June 30, 2014:

			Weighted
			Average
		Weighted	Remaining	Aggregate
		average	Contractual	Intrinsic
	Number of	exercise	Term	Value
	shares	price ($)	(in years)	($'000)
Exercisable – June 30, 2014	2,085,830	16.01	4.54	1,789

Restricted Stock Activity

			Weighted
	Number of		Average
	Shares of		Grant Date
	Restricted		Fair Value
	Stock		($'000)
Non-vested – July 1, 2011	103,672
Granted – August 2011	30,155		199
Granted – February 2012	550,000		6,111
Granted – May 2012	2,574		23
Vested - August 2011	(6,141	)	40
Vested - November 2011	(27,667	)	209
Total vested	(33,808	)
Forfeitures	(5,976	)	50
Non-vested – June 30, 2012	646,617		7,061
Granted – August 2012	21,569		189
Vested – August 2012	(23,436	)	216
Vested – February 2013	(183,333	)	1,016
Vested – May 2013	(858	)	7
Total vested	(207,627	)
Forfeitures	(55,333	)	407
Non-vested – June 30, 2013	405,226		4,393
Granted – August 2013	187,963		1,382
Vested – August 2013	(16,907	)	161
Vested – February 2014	(183,333	)	1,742
Total vested	(200,240	)
Forfeitures	(7,171	)	84
Non-vested – June 30, 2014	385,778		3,534

Recorded Net Stock Compensation Charge

					Allocated to
					cost of goods
					sold, IT		Allocated to
		Total			processing,		selling,
		charge			servicing		general and
		(reversal)			and support		administration
Year ended June 30, 2014
Stock-based compensation charge	$	3,724		$	-	$	3,724
Reversal of stock compensation charge related to restricted stock
forfeited		(6	)		-		(6	)
Total – year ended June 30, 2014	$	3,718		$	-	$	3,718
Year ended June 30, 2013
Stock-based compensation charge	$	4,387		$	-	$	4,387
Reversal of stock compensation charge related to restricted stock
forfeited		(480	)		-		(480	)
Total – year ended June 30, 2013	$	3,907		$	-	$	3,907
Year ended June 30, 2012
Stock-based compensation charge	$	2,909		$	-	$	2,909
Reversal of stock compensation charge related to options
forfeited		(134	)		-		(134	)
Total – year ended June 30, 2012	$	2,775		$	-	$	2,775