Stockholders' Equity

12 Months Ended

Jun. 30, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

STOCKHOLDERS’ EQUITY

Preferred Stock

We are authorized to issue “blank check” preferred stock of up to 5 million shares with such designations, rights and preferences as may be determined from time to time by the Board of Directors. Accordingly, the Board of Directors is empowered to issue, without stockholder approval, preferred stock with dividends, liquidation, conversion, voting, or other rights which could decrease the amount of earnings and assets available for distribution to holders of our Common Stock. At June 30, 2013 and 2012, no preferred stock was issued or outstanding.

Common Stock Issued

In connection with the acquisitions of the UK Ambient Grocery Brands, BluePrint and Ella’s Kitchen during fiscal 2013, 1,698,472 shares at a total value of $102,636 were issued to the sellers. In connection with the acquisition of Greek Gods in the first quarter of fiscal 2011, 242,185 shares were issued to the sellers, valued at $4,785 (see Note 4).

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) as reflected on the balance sheet consisted of the following:

	June 30, 2013			June 30, 2012
Foreign currency translation adjustment	$	(30,797	)	$	(5,670	)
Unrealized gain on available for sale securities	2,747			17
Deferred gains on hedging instruments	799			270
Total accumulated other comprehensive income/(loss)	$	(27,251	)	$	(5,383	)