STOCKHOLDERS’ EQUITY

3 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

STOCKHOLDERS’ EQUITY

STOCKHOLDERS’ EQUITY

The Company’s Board of Directors has periodically authorized the repurchase of the Company’s common stock over a specified time period. On April 23, 2013, the Company's Board of Directors authorized the purchase of up to $225 million of the Company's common stock, to be purchased from time to time over the ensuing three years depending on market conditions and other corporate considerations as determined by management.

As of September 30, 2013, approximately $115.6 million remains available for purchases under the April 2013 authorization. All of the purchased shares were retired and reverted to the status of authorized but unissued shares:

(in thousands, except per share data)	Number of Shares	Average Purchase Price per Share		Total Purchase Value
Total shares purchased:
As of June 30, 2013	18,417	$	28.49	$	524,669
Three months ended September 30, 2013	1,850	$	49.52	91,603
As of September 30, 2013	20,267	$	30.41	$	616,272