XML 11 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share-based Compensation (Tables)
6 Months Ended
Dec. 31, 2012
Share-based Compensation.  
Schedule of share-based compensation costs recognized in the entity's statements of income, substantially all of which is reflected in the selling, general and administrative expense line

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

December 31,

 

December 31,

 

(In thousands)

 

2012

 

2011

 

2012

 

2011

 

Stock based compensation

 

 

 

 

 

 

 

 

 

Stock options

 

$

226

 

$

339

 

$

542

 

$

727

 

Employee stock purchase plan

 

15

 

9

 

42

 

19

 

Restricted stock

 

41

 

143

 

356

 

416

 

Tax benefit at statutory rate

 

34

 

31

 

57

 

68

 

Schedule of weighted average assumptions used to estimate fair values of the stock options granted and the estimated annual forfeiture rates used to recognize the associated compensation expense

 

 

 

 

Incentive
Stock
Options
FY 2013

 

Non-
qualified
Stock
Options
FY 2013

 

Incentive
Stock
Options
FY 2012

 

Non-
qualified
Stock
Options
FY 2012

 

Risk-free interest rate

 

%

1.0

%

1.1

%

1.0

%

Expected volatility

 

%

61.5

%

63.6

%

63.9

%

Expected dividend yield

 

%

%

%

%

Forfeiture rate

 

%

7.50

%

7.50

%

7.50

%

Expected term (in years)

 

 

6.1 years

 

5.2 years

 

5.1 years

 

Weighted average fair value

 

$

 

$

2.36

 

$

2.02

 

$

1.98

 

Schedule of options outstanding that have vested and are expected to vest

 

 

(In thousands, except weighted average price and life data)

 

Awards

 

Weighted
Average
Exercise
Price

 

Aggregate
Intrinsic
Value

 

Weighted
Average
Remaining
Contractual
Life (yrs.)

 

Options vested

 

1,812

 

$

7.19

 

$

824

 

5.12

 

Options expected to vest

 

977

 

$

3.95

 

$

994

 

9.20

 

Total vested and expected to vest

 

2,789

 

$

6.06

 

$

1,818

 

6.55

 

Summary of stock option award activity

 

 

 

 

Incentive Stock Options

 

Nonqualified Stock Options

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted-

 

 

 

Average

 

 

 

Weighted-

 

 

 

Average

 

 

 

 

 

Average

 

Aggregate

 

Remaining

 

 

 

Average

 

Aggregate

 

Remaining

 

 

 

 

 

Exercise

 

Intrinsic

 

Contractual

 

 

 

Exercise

 

Intrinsic

 

Contractual

 

(In thousands, except for weighted average price and life data)

 

Awards

 

Price

 

Value

 

Life (yrs.)

 

Awards

 

Price

 

Value

 

Life (yrs.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at July 1, 2012

 

1,871

 

$

5.26

 

$

 

 

 

 

877

 

$

8.89

 

 

 

 

 

Granted

 

 

$

 

 

 

 

 

536

 

$

4.16

 

 

 

 

 

Exercised

 

(73

)

$

3.93

 

$

64

 

 

 

 

$

 

$

 

 

 

Forfeited, expired or repurchased

 

(161

)

$

6.80

 

 

 

 

 

(145

)

$

7.82

 

 

 

 

 

Outstanding at December 31, 2012

 

1,637

 

$

5.17

 

$

1,206

 

6.7

 

1,268

 

$

7.01

 

$

726

 

6.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2012 and not yet vested

 

541

 

$

3.77

 

$

656

 

8.6

 

552

 

$

4.14

 

$

452

 

9.8

 

Exercisable at December 31, 2012

 

1,096

 

$

5.86

 

$

550

 

5.7

 

716

 

$

9.23

 

$

274

 

4.3

 

 

 

 

Incentive Stock Options

 

Nonqualified Stock Options

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted-

 

 

 

Average

 

 

 

Weighted-

 

 

 

Average

 

 

 

 

 

Average

 

Aggregate

 

Remaining

 

 

 

Average

 

Aggregate

 

Remaining

 

 

 

 

 

Exercise

 

Intrinsic

 

Contractual

 

 

 

Exercise

 

Intrinsic

 

Contractual

 

(In thousands, except for weighted average price and life data)

 

Awards

 

Price

 

Value

 

Life (yrs.)

 

Awards

 

Price

 

Value

 

Life (yrs.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at July 1, 2011

 

1,196

 

$

6.19

 

 

 

 

 

749

 

$

9.77

 

 

 

 

 

Granted

 

702

 

$

3.52

 

 

 

 

 

119

 

$

3.65

 

 

 

 

 

Exercised

 

(5

)

$

2,79

 

$

 

 

 

 

$

 

$

 

 

 

Forfeited, expired or repurchased

 

(35

)

$

5.48

 

 

 

 

 

 

$

 

 

 

 

 

Outstanding at December 31, 2011

 

1,858

 

$

5.20

 

$

909

 

7.4

 

868

 

$

8.93

 

$

170

 

4.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2011 and not yet vested

 

882

 

$

4.18

 

$

679

 

9.3

 

145

 

$

4.25

 

$

96

 

9.3

 

Exercisable at December 31, 2011

 

976

 

$

6.13

 

$

230

 

5.6

 

723

 

$

9.87

 

$

74

 

3.8

 

Summary of nonvested restricted stock awards

 

 

(In thousands)

 

Awards

 

Weighted
Average Grant -
date Fair Value

 

 

 

 

 

 

 

Nonvested at July 1, 2012

 

74

 

$

515

 

Granted

 

38

 

190

 

Vested

 

(111

)

(693

)

Forfeited

 

(1

)

(12

)

Nonvested at December 31, 2012

 

 

$

 

 

 

 

 

 

 

Nonvested at July 1, 2011

 

155

 

$

1,076

 

Granted

 

35

 

127

 

Vested

 

(113

)

(665

)

Forfeited

 

(3

)

(23

)

Nonvested at December 31, 2011

 

74

 

$

515