Share-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2016

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The following table summarizes restricted stock activity for the three most recent fiscal years:

Outstanding and Nonvested Restricted Stock Awards:	Shares Awarded		Weighted Average Grant Date Fair Value ($)	Weighted Average Remaining Life (Years)	Aggregate Intrinsic Value ($ in thousands)
Outstanding at June 30, 2013	139,360		9.87	1.9	1,959
Granted	9,200		20.48	—	188
Exercised/Released	(38,212	)	11.59	—	820
Cancelled/Forfeited	(14,136	)	9.38	—	—
Outstanding at June 30, 2014	96,212		10.27	1.5	2,079
Granted	13,256		23.64	—	313
Exercised/Released(1)	(53,402	)	8.43	—	1,377
Cancelled/Forfeited	(8,984	)	8.36	—	—
Outstanding at June 30, 2015	47,082		16.48	1.2	1,106
Granted	10,170		29.99	—	305
Exercised/Released(2)	(24,841	)	14.08	—	747
Cancelled/Forfeited	(8,619	)	13.06	—	—
Outstanding at June 30, 2016	23,792		26.00	1.8	763
Expected to vest, June 30, 2016	22,253		25.91	1.8	713

__________

(1) Includes 4,297 shares that were withheld to meet the employees' minimum statutory tax withholding and retired..

(2) Includes 5,177 shares that were withheld to meet the employees' minimum statutory tax withholding and retired.

NQOs

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Following are the weighted average assumptions used in the Black-Scholes valuation model for NQOs granted during the fiscal years ended June 30, 2016, 2015 and 2014

	Year Ended June 30,
	2016			2015			2014
Weighted average fair value of NQOs	$	12.63		$	10.38		$	9.17
Risk-free interest rate	1.6		%	1.5		%	1.7		%
Dividend yield	—		%	—		%	—		%
Average expected term	5.1 years			5.1 years			6 years
Expected stock price volatility	47.1		%	47.9		%	50.4		%

NQOs | Vested

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes NQO activity for the three most recent fiscal years:

Outstanding NQOs:	Number of NQOs		Weighted Average Exercise Price ($)	Weighted Average Grant Date Fair Value ($)	Weighted Average Remaining Life (Years)	Aggregate Intrinsic Value ($ in thousands)
Outstanding at June 30, 2013	557,427		12.81	5.44	5.1	1,620
Granted	1,927		18.68	9.17	6.4	—
Exercised	(112,964	)	13.10	5.81	—	895
Cancelled/Forfeited	(33,936	)	16.63	6.13	—	—
Outstanding at June 30, 2014	412,454		12.44	5.30	4.4	3,782
Granted	25,703		23.91	10.38	6.8	—
Exercised	(95,723	)	16.17	5.86	—	747
Cancelled/Forfeited	(13,134	)	11.26	5.00	—	—
Outstanding at June 30, 2015	329,300		12.30	5.54	3.9	3,700
Granted	21,595		29.48	12.63	6.4	—
Exercised	(112,895	)	12.35	5.37	—	1,853
Cancelled/Forfeited	(18,371	)	13.45	6.17	—	—
Outstanding at June 30, 2016	219,629		13.87	6.28	3.7	3,995
Vested and exercisable, June 30, 2016	180,298		11.06	5.13	3.1	3,800
Vested and expected to vest, June 30, 2016	217,160		13.72	6.22	3.6	3,983

NQOs | Nonvested

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes nonvested NQO activity for the three most recent fiscal years:

Nonvested NQOs:	Number of NQOs		Weighted Average Exercise Price ($)	Weighted Average Grant Date Fair Value ($)	Weighted Average Remaining Life (Years)
Outstanding at June 30, 2013	315,661		10.80	5.12	6.1
Granted	1,927		18.68	9.17	6.4
Vested	(133,957	)	11.02	5.21	—
Forfeited	(15,833	)	11.48	5.49	—
Outstanding at June 30, 2014	167,798		10.65	5.06	5.3
Granted	25,703		23.91	10.38	6.8
Vested	(101,172	)	9.87	4.72	—
Forfeited	(12,134	)	10.31	4.91	—
Outstanding at June 30, 2015	80,195		15.94	7.21	5.2
Granted	21,595		29.48	12.63	6.4
Vested	(47,418	)	14.05	6.44	—
Forfeited	(15,641	)	12.95	6.09	—
Outstanding at June 30, 2016	38,731		27.02	11.63	6.1

PNQs

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Following are the assumptions used in the Black-Scholes valuation model for PNQs granted during the fiscal years ended June 30, 2016, 2015 and 2014:

	Year Ended June 30,
	2016			2015			2014
Weighted average fair value of PNQs	$	11.38		$	10.16		$	10.49
Risk-free interest rate	1.6		%	1.5		%	1.8		%
Dividend yield	—			—		%	—		%
Average expected term (years)	4.9			5.0			6.0
Expected stock price volatility	42.5		%	47.9		%	50.5		%

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes PNQ activity for the three most recent fiscal years:

Outstanding PNQs:	Number of PNQs		Weighted Average Exercise Price ($)	Weighted Average Grant Date Fair Value ($)	Weighted Average Remaining Life (Years)	Aggregate Intrinsic Value ($ in  thousands)
Outstanding at June 30, 2013	—		—	—	—	—
Granted	112,442		21.27	10.49	6.5	—
Cancelled/Forfeited	—		—	—	—	—
Outstanding at June 30, 2014	112,442		21.27	10.49	6.5	38
Granted	121,024		23.44	10.16	6.6	—
Cancelled/Forfeited	(9,399	)	21.33	10.52	—	—
Outstanding at June 30, 2015	224,067		22.44	10.31	6.0	237
Granted	143,466		29.48	11.38	6.2	—
Exercised	(14,144	)	21.20	10.45	0	107
Cancelled/Forfeited	(64,790	)	23.20	10.37	0	—
Outstanding at June 30, 2016	288,599		25.83	10.82	5.7	1,798
Vested and exercisable, June 30, 2016	48,132		22.52	10.31	5.1	459
Vested and expected to vest, June 30, 2016	274,919		25.75	10.81	5.7	1,736

Nonvested | PNQs

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes nonvested NQO activity for the two most recent fiscal years:

Nonvested PNQs:	Number of PNQs		Weighted Average Exercise Price ($)	Weighted Average Grant Date Fair Value ($)	Weighted Average Remaining Life (Years)
Outstanding at June 30, 2014	112,442		21.27	10.49	6.5
Granted	121,024		23.44	10.16	6.6
Vested	(34,959	)	21.27	10.49	—
Forfeited	(9,399	)	21.33	10.52	—
Outstanding at June 30, 2015	189,108		22.66	10.28	6.2
Granted	143,466		29.48	11.38	6.2
Vested	(27,317	)	10.16	23.44	—
Forfeited	(64,790	)	23.20	10.37	—
Outstanding at June 30, 2016	240,467		26.49	10.92	5.9