Shareholders' Equity

12 Months Ended

Jun. 30, 2011

NOTE 9: SHAREHOLDERS’ EQUITY

Treasury Shares

At June 30, 2011, 596 shares of the Company’s common stock held as treasury shares were restricted as collateral under escrow arrangements relating to change in control and director and officer indemnification agreements.

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) is comprised of the following:


June 30,	2011			2010

Pension liability, net of taxes	$	(11,212	)	$	(12,081	)
Foreign currency translation, net of taxes		16,189			5,914
Unrealized gains on investment securities available for sale, net of taxes		82			135
Unrealized losses on cash flow hedges, net of taxes					(16	)

Total accumulated other comprehensive income (loss)	$	5,059		$	(6,048	)

Net Income Per Share

The following is a computation of basic and diluted earnings per share:


Year Ended June 30,	2011		2010		2009

Net Income	$	96,759	$	65,903	$	42,260

Average Shares Outstanding:
Weighted-average common shares outstanding for basic computation		42,433		42,312		42,287
Dilutive effect of potential common shares		821		549		507

Weighted-average common shares outstanding for dilutive computation		43,254		42,861		42,794

Net Income Per Share — Basic	$	2.28	$	1.56	$	1.00

Net Income Per Share — Diluted	$	2.24	$	1.54	$	0.99

Stock options and appreciation rights relating to the acquisition of 176, 1,034 and 1,208 shares of common stock were outstanding at June 30, 2011, 2010 and 2009, respectively, but were not included in the computation of diluted earnings per share for the fiscal years then ended as they were anti-dilutive.

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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