STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock option activity

A summary of stock option activity under the Plans during the periods indicated is presented below:

	Number of Shares		Weighted-Average Exercise Price Per Share
Outstanding - July 1, 2012	190,117		$	8.93
Granted	—		—
Exercised	(27,135	)	9.59
Cancelled	(500	)	11.00
Outstanding - June 30, 2013	162,482		$	8.81
Granted	—		—
Exercised	(26,970	)	8.99
Cancelled	—		—
Outstanding - March 31, 2014	135,512		$	8.77
Options exercisable - June 30, 2013	162,482		$	8.81
Options exercisable - March 31, 2014	135,512		$	8.77

Table summarizing outstanding and exercisable options

The following table summarizes information as concerning currently outstanding and exercisable options:

As of March 31, 2014
Options Outstanding				Options Exercisable
Exercise Prices		Number Outstanding	Weighted-Average Remaining Contractual Life (Years)	Number Exercisable	Weighted- Average Exercise Price
$	7.35	43,850	2.32	43,850	$	7.35
8.50		7,500	1.67	7,500	8.50
9.20		7,500	1.40	7,500	9.20
9.50		64,940	1.32	64,940	9.50
10.00		11,722	0.25	11,722	10.00
$	8.77	135,512	1.57	135,512	$	8.77

Unrecognized compensation expense related to non-vested awards, to be recognized in the future

At March 31, 2014, unrecognized compensation expense related to non-vested awards aggregated to $9,508 and is expected to be recognized in future periods as follows:

(Dollars in thousands)	Stock Award Compensation Expense
For the fiscal year remainder:
2014	$	1,140
2015	3,867
2016	3,168
2017	1,333
Total	$	9,508

Status and changes in restricted stock grants

The following table presents the status and changes in restricted stock grants for the periods indicated:

	Restricted Stock and Restricted Stock Unit Shares		Weighted-Average Grant-Date Fair Value
Non-vested balance at July 1, 2012	360,662		$	13.20
Granted	181,483		28.83
Vested	(213,355	)	13.32
Cancelled	(30,305	)	18.01
Non-vested balance at June 30, 2013	298,485		$	22.13
Granted	132,357		59.86
Vested	(89,561	)	16.68
Cancelled	(21,089	)	33.85
Non-vested balance at March 31, 2014	320,192		$	38.48