SHAREHOLDERS' EQUITY:

9 Months Ended

Mar. 31, 2015

SHAREHOLDERS' EQUITY:

SHAREHOLDERS' EQUITY

SHAREHOLDERS’ EQUITY:

Additional Paid-In Capital:

The $26.6 million decrease in additional paid-in capital during the nine months ended March 31, 2015 was primarily due to $32.9 million of common stock repurchases, partly offset by $6.3 million of stock-based compensation.

During the three and nine months ended March 31, 2015, the Company repurchased 610,346 shares for $10.0 million and 2,147,744 shares for $32.9 million, respectively, under a previously approved stock repurchase program. At March 31, 2015, $25.9 million remained outstanding under the approved stock repurchase program. On April 21, 2015, consistent with the Company's capital allocation policy, the Company’s Board of Directors authorized an additional $50.0 million to be expended for the repurchase of the Company’s stock.