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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
Changes in common stock issued and outstanding were as follows:
 
At June 30,
 
2016
 
2015
 
2014
 
Issued1
 
Outstanding1
 
Issued1
 
Outstanding1
 
Issued1
 
Outstanding1
Beginning of year:
63,145,364

 
62,075,004

 
58,779,522

 
57,807,600

 
55,838,204

 
54,933,300

Common stock issued through option exercise or exchange
82,400

 
82,400

 
218,539

 
176,252

 
222,128

 
222,128

Common stock issued through public offering
723,808

 
723,808

 
3,796,356

 
3,796,356

 
2,241,204

 
2,241,204

Common stock issued through grants of restricted stock units
561,922

 
338,180

 
350,947

 
294,796

 
477,986

 
410,968

End of year:
64,513,494

 
63,219,392

 
63,145,364

 
62,075,004

 
58,779,522

 
57,807,600


1- Common stock amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015. The par value of common stock remains unchanged at $0.01 per share after the aforementioned forward stock split.
Schedule of Sale of Stock
The details of the shares of common stock sold through the 2015 ATM Offering through June 30, 2015 are as follows (dollars in thousands, except per share data):
Distribution Agent
Month
Weighted Average Per Share Price1
Number of
Shares Sold
1
Net Proceeds
Compensation to Distribution Agent
FBR Capital Markets & Co.
February 2015
$
22.68

40,000

$
884

$
23

FBR Capital Markets & Co.
March 2015
$
23.38

518,528

$
11,818

$
303

FBR Capital Markets & Co.
April 2015
$
23.10

265,088

$
5,971

$
153

FBR Capital Markets & Co.
May 2015
$
23.69

122,800

$
2,837

$
73

FBR Capital Markets & Co.
June 2015
$
24.69

251,592

$
6,057

$
155

FBR Capital Markets & Co.
July 2015
$
27.37

280,000

$
7,471

$
192

FBR Capital Markets & Co.
August 2015
$
32.81

40,000

$
1,279

$
33

FBR Capital Markets & Co.
September 2015
$
30.99

240,000

$
7,252

$
186

FBR Capital Markets & Co.
October 2015
$
32.43

163,808

$
5,181

$
132

1- Amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015
The details of the shares of common stock sold through the ATM Offering through January 31, 2015 are as follows (dollars in thousands, except per share data):
Distribution Agent
Month
Weighted Average Per Share Price1
Number of
Shares Sold1
Net Proceeds
Compensation to Distribution Agent
Keefe, Bruyette & Woods, Inc.
August 2014
$
19.68

177,668

$
3,409

$
87

Keefe, Bruyette & Woods, Inc.
September 2014
$
18.65

947,200

$
17,218

$
441

Keefe, Bruyette & Woods, Inc.
October 2014
$
17.56

200,000

$
3,423

$
88

Keefe, Bruyette & Woods, Inc.
November 2014
$
19.58

520,000

$
9,924

$
254

Keefe, Bruyette & Woods, Inc.
December 2014
$
19.69

267,200

$
5,130

$
132

Keefe, Bruyette & Woods, Inc.
January 2015
$
20.35

486,280

$
9,646

$
248


1- Amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015
The details of the shares of common stock sold through the ATM Offering through June 30, 2014 are as follows (dollars in thousands, except per share data):
Distribution Agent
Month
Weighted Average Per Share Price1
Number of
Shares Sold1
Net Proceeds
Compensation to Distribution Agent
Raymond James & Associates
March 2013
$
8.81

800,000

$
6,874

$
176

Raymond James & Associates
October 2013
$
17.63

198,320

$
3,409

$
87

Raymond James & Associates
November 2013
$
18.09

591,280

$
10,431

$
267

Raymond James & Associates
December 2013
$
19.83

154,396

$
2,984

$
77

Raymond James & Associates
January 2014
$
20.10

360,000

$
7,054

$
181

Raymond James & Associates
February 2014
$
20.38

198,432

$
3,942

$
101

Sandler O’Neill & Partners, L.P.
May 2014
$
19.46

496,000

$
9,409

$
241

Sandler O’Neill & Partners, L.P.
June 2014
$
19.63

242,776

$
4,647

$
120

1- Amounts have been retroactively restated for all prior periods presented to reflect the four-for-one forward split of the Company’s common stock effected in the form of a stock dividend that was distributed on November 17, 2015