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Share-Based Compensation (Tables)
6 Months Ended
Dec. 31, 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 six months ended December 31, 2016:
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, 2016
 
23,792

 
26.00

 
1.8
 
763

Granted
 
5,106

 
35.25

 
0.9
 
180

Exercised/Released
 
(4,896
)
 
24.53

 
 
168

Cancelled/Forfeited
 

 

 
 

Outstanding at December 31, 2016
 
24,002

 
28.27

 
1.4
 
881

Expected to vest at December 31, 2016
 
22,778

 
28.24

 
1.4
 
836

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 six months ended December 31, 2016:
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, 2016
 
219,629

 
13.87
 
6.28
 
3.7
 
3,995

Granted
 

 
 
 
 

Exercised
 
(37,344
)
 
9.41
 
4.24
 
 
909

Cancelled/Forfeited
 
(3,278
)
 
14.60
 
6.02
 
 

Outstanding at December 31, 2016
 
179,007

 
14.79
 
6.71
 
3.4
 
3,923

Vested and exercisable at December 31, 2016
 
146,472

 
12.16
 
5.66
 
3.0
 
3,594

Vested and expected to vest at December 31, 2016
 
177,402

 
14.67
 
6.66
 
3.4
 
3,908

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 weighted average assumptions used in the Black-Scholes valuation model for PNQs granted during the six months ended December 31, 2016.
 
Six Months Ended 
December 31, 2016
Weighted average fair value of PNQs
$11.42
Risk-free interest rate
1.53%
Dividend yield
—%
Average expected term
4.9 years
Expected stock price volatility
37.7%
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes PNQ activity for the six months ended December 31, 2016:
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, 2016
 
288,599

 
25.83
 
10.82
 
5.7
 
1,798

Granted
 
149,223

 
32.85
 
11.42
 
6.9
 

Exercised
 
(2,366
)
 
22.60
 
10.30
 
 
24

Cancelled/Forfeited
 

 
 
 
 

Outstanding at December 31, 2016
 
435,456

 
28.25
 
11.03
 
5.8
 
3,678

Vested and exercisable at December 31, 2016
 
127,858

 
24.22
 
10.73
 
4.8
 
1,596

Vested and expected to vest at December 31, 2016
 
414,443

 
28.11
 
11.02
 
5.8
 
3,560