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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2013
STOCK-BASED COMPENSATION  
Schedule of weighted average fair values per stock-based compensation award granted

 

 

 
  2013   2012   2011  

Stock options & SARs

    6.63     N/A     6.26  

RSAs & RSUs

    17.40     16.94     16.60  

PSUs

    18.33     N/A     N/A  

        

Schedule of assumptions used in determining estimated fair value of stock options, SARs and market-based RSUs granted

 

 

 
  2013   2012   2011  

Risk-free interest rate

    0.66 - 0.87 %   N/A     2.29 %

Expected term (in years)

    6.00     N/A     5.50  

Expected volatility

    44.00 - 47.00 %   N/A     44.00 %

Expected dividend yield

    1.33 - 1.46 %   N/A     1.45 %

        

Schedule of stock-based compensation expense

 

 

 
  2013   2012   2011  

SARs & stock options

  $ 1,986   $ 1,447   $ 2,283  

RSAs, RSUs, & PSUs

    3,895     6,150     7,313  
               

Total stock-based compensation expense

    5,881     7,597     9,596  
               

Less: Income tax benefit

    (2,235 )   (2,898 )   (3,670 )
               

Total stock-based compensation expense, net of tax

  $ 3,646   $ 4,699   $ 5,926  
               
Schedule of activity for outstanding SARs and stock options

 

 

 
  Shares
(in thousands)
   
   
   
 
 
   
  Weighted-
Average
Remaining
Contractual Life
   
 
 
  SARs   Stock
Options
  Weighted
Average
Exercise Price
  Aggregate
Intrinsic Value
(in thousands)
 

Outstanding balance at June 30, 2012

    734     652   $ 29.08              

Granted

    596         17.97              

Forfeited/Expired

    (456 )   (220 )   26.84              

Exercised

    (14 )   (3 )   17.69              
                       

Outstanding balance at June 30, 2013

    860     429   $ 25.26     5.6      
                       

Exercisable at June 30, 2013

    325     413   $ 30.68     3.2      
                       

Unvested options, net of estimated forfeitures

    494     15   $ 18.01     8.8      
                       

        

Schedule of activity for RSAs and RSUs

 

 

 
  Shares/Units
(in thousands)
   
   
 
 
  Weighted
Average
Grant Date
Fair Value
   
 
 
  Aggregate Intrinsic
Value
(in thousands)
 
 
  RSAs   RSUs  

Outstanding balance at June 30, 2012

    403     257   $ 25.44        

Granted

    118     232     17.40        

Forfeited

    (84 )   (23 )   18.24        

Vested

    (122 )   (216 )   32.77        
                   

Outstanding balance at June 30, 2013

    315     250   $ 17.46   $ 9,276  
                   

Vested at June 30, 2013

        70   $ 17.70   $ 1,142  
                   

Unvested awards, net of estimated forfeitures

    300     160   $ 17.43   $ 7,554