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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2014
STOCK-BASED COMPENSATION  
Schedule of stock-based compensation expenses

 

 
  For the Fiscal
Years Ended June 30,
 
 
  2014   2013   2012  
 
  (Amounts in thousands)
 

Stock options

  $ 468   $ 456   $ 446  

Stock appreciation rights

    1,305     1,107     1,219  

Restricted stock

    3,110     3,240     2,757  

Performance stock

    (2,303 )   898     2,085  
               

Total stock-based compensation expense

  $ 2,580   $ 5,701   $ 6,507  
               
               
Schedule of valuation assumptions of stock options and stock appreciation rights

 

 
  Stock Options   SSARs  
 
  2014   2013   2012   2014   2013   2012  

Weighted-average expected volatility

    43.6 %   43.1 %   45.1 %   41.3 %   43.7 %   45.3 %

Weighted-average expected life in years

    5.5     5.5     5.7     4.8     6.4     6.1  

Weighted-average dividend yield

    1.00 %   0.86 %   0.76 %   1.00 %   0.90 %   0.76 %

Weighted-average risk free interest rate

    1.7 %   0.8 %   1.1 %   1.5 %   1.0 %   1.2 %
Summary of stock options activity

 

 
  Number
of Shares
  Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Life (Years)
  Aggregate
Intrinsic Value
(in thousands)
 

Outstanding at July 1, 2013

    119,313   $ 46.12              

Granted

    24,775   $ 59.99              

Exercised

    (34,495 ) $ 32.48              

Forfeited

    (8,200 ) $ 68.11              
                       

Outstanding at June 30, 2014

    101,393   $ 52.37     6.4   $ 2,410  
                   
                   

Exercisable at June 30, 2014

    63,531   $ 45.16     5.1   $ 1,967  
                   
                   
Summary of SSARs activity

 

 
  Number
of Shares
  Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Life (Years)
  Aggregate
Intrinsic Value
(in thousands)
 

Outstanding at July 1, 2013

    162,284   $ 58.28              

Granted

    84,125   $ 62.13              

Exercised

    (1,614 ) $ 32.52              

Forfeited

    (15,739 ) $ 61.28              
                       

Outstanding at June 30, 2014

    229,056   $ 59.67     7.5   $ 3,770  
                   
                   

Exercisable at June 30, 2014

    108,586   $ 53.42     6.1   $ 2,466  
                   
                   
Summary of the status of non-vested performance shares

 

 
  Number
of Shares
  Weighted-
Average
Grant Date
Fair Value
 

Non-vested at July 1, 2013

    107,850   $ 66.20  

Granted

    71,700   $ 61.39  

Vested

      $  

Forfeited

      $  
           

Non-vested at June 30, 2014

    179,550   $ 64.28  
           
           
Summary of the status of non-vested restricted stock

 

 
  Number
of Shares
  Weighted-
Average
Grant Date
Fair Value
 

Non-vested at July 1, 2013

    194,706   $ 52.15  

Granted

    66,150   $ 61.32  

Vested

    (71,707 ) $ 44.95  

Forfeited

    (12,058 ) $ 58.63  
           

Non-vested at June 30, 2014

    177,091   $ 58.06