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Common Stock and Stock Options (Tables)
12 Months Ended
Jun. 30, 2012
Common Stock and Stock Options [Abstract]  
Company's Restricted Stock Award activity
                         

Restricted Stock Awards

  Shares     Weighted Average
Grant Date
Fair Value
    Weighted  Average
Remaining
Vesting Period

(in years)
 

Outstanding and unvested as June 30, 2009

    1,059,500       3.85       2.03  

Granted

    223,000       5.06       3.22  

Vested

    (182,500     4.22       —    

Forfeited

    (60,000     3.80       —    
   

 

 

   

 

 

   

 

 

 

Outstanding and unvested as June 30, 2010

    1,040,000       4.04       2.36  

Granted

    200,000       5.58       2.48  

Vested

    (128,000     4.04       —    

Forfeited

    (65,000     4.99       —    
   

 

 

   

 

 

   

 

 

 

Outstanding and unvested as June 30, 2011

    1,047,000     $ 4.42       1.29  

Granted

    539,000       5.96       2.71  

Vested

    (701,000     3.84       —    

Forfeited

    (66,000     5.36       —    
   

 

 

   

 

 

   

 

 

 

Outstanding and unvested as June 30, 2012

    819,000     $ 5.73       2.56  
   

 

 

   

 

 

   

 

 

 
Summary of changes in common stock options
                 
    Shares     Weighted Average
Exercise Price
 

Options outstanding, June 30, 2009

    2,450,791     $ 4.54  

Granted

    248,500       5.11  

Exercised

    (146,900     2.52  

Surrendered

    (182,875     6.43  
   

 

 

         

Options outstanding, June 30, 2010

    2,369,516     $ 4.58  

Granted

    259,000       5.54  

Exercised

    (227,935     3.03  

Surrendered

    (96,875     4.90  
   

 

 

         

Options outstanding, June 30, 2011

    2,303,706     $ 4.83  

Granted

    215,000       6.26  

Exercised

    (365,705     3.95  

Surrendered

    (134,525     5.17  
   

 

 

         

Options outstanding, June 30, 2012

    2,018,476     $ 5.11  
   

 

 

         
Additional information relating to options outstanding

The following is additional information relating to options outstanding at June 30, 2012:

 

                                         
    Options Outstanding     Options Exercisable  

Range of

Exercise Price

  Number of
Options
    Weighted-Average
Remaining
Contractual Life
Of Options
    Weighted
Average
Exercise
Price
    Number of
Options
    Weighted
Average
Exercise
Price
 

$ 3.60 to $ 4.00

    669,875       3.65     $ 3.86       646,750     $ 3.86  

$ 4.03 to $ 6.00

    831,100       4.56     $ 5.07       641,413     $ 5.00  

$ 6.01 to $ 8.15

    517,501       4.72     $ 6.81       313,125     $ 7.19  
   

 

 

                   

 

 

         

$ 3.60 to $8.15

    2,018,476       4.30     $ 5.11       1,601,288     $ 4.97  
   

 

 

                   

 

 

         
Aggregate intrinsic value of options

The aggregate intrinsic value (the amount by which market price exceeds the option exercise price) for options as of June 30, 2012 is as follows:

 

         
    Year Ended
June 30,  2012
Aggregate Intrinsic
Value
(in 000s)
 

Options outstanding at end of year

  $ 4,034  

Options exercisable at end of year

  $ 3,280  

Options exercised during year

  $ 885