XML 59 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2014
Stock Settled Stock Appreciation Rights SARS [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Settled Stock Appreciation Rights Grant Details
In 2014, 2013 and 2012, we granted SSSARs to various employees under the terms of the 2005 Plan. The following table summarizes information relating to these grants:
 
2014
 
2013
 
2012
SSSARs granted
146

 
108

 
187

Weighted average grant date fair value per right
$
11.84

 
$
9.04

 
$
9.07

Assumptions used in fair value calculations:
 
 
 
 
 
Risk-free interest rate
0.75
%
 
0.33
%
 
0.41
%
Dividend yield
1.97
%
 
2.09
%
 
2.11
%
Volatility factor of the expected market price of our common stock
22.35
%
 
23.23
%
 
24.30
%
Weighted average expected life in years
3.12

 
2.67

 
2.76

Compensation Expense And Tax Benefits Recorded
The following table summarizes our continuing operations SSSARs compensation expense and tax benefits recorded for each of the years ending June 30:
 
 
2014
 
2013
 
2012
Compensation expense
$
1,092

 
$
1,316

 
$
1,514

Tax benefits
$
382

 
$
461

 
$
530

Intrinsic value of exercises
$
2,692

 
$
1,851

 
$
559

Excess tax benefits
$
942

 
$
659

 
$
230

Fair Value Of Awards Vested
The total fair values of SSSARs vested for each of the years ended June 30 were as follows:
 
 
2014
 
2013
 
2012
Fair value of vested rights
$
1,145

 
$
1,476

 
$
1,107

Stock-Settled Stock Appreciation Rights Activity
The following table summarizes the activity relating to SSSARs granted under the 2005 Plan for the year ended June 30, 2014:
 
 
Number of
Rights
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life in
Years
 
Aggregate
Intrinsic
Value
Outstanding at beginning of year
374

 
$
66.42

 
 
 
 
Exercised
(150
)
 
$
63.68

 
 
 
 
Granted
146

 
$
89.16

 
 
 
 
Forfeited
(12
)
 
$
68.32

 
 
 
 
Outstanding at end of year
358

 
$
76.75

 
3.57
 
$
6,594

Exercisable and vested at end of year
84

 
$
64.63

 
2.23
 
$
2,573

Vested and expected to vest at end of year
320

 
$
76.44

 
3.53
 
$
5,991

Stock-Settled Stock Appreciation Rights Outstanding By Grant Year
The following table summarizes information about the SSSARs outstanding by grant year at June 30, 2014:
 
 
 
Outstanding
 
Exercisable
 
 
 
 
 
 
Weighted Average
 
 
 
 
Grant Years
 
Range of
Exercise Prices
 
Number
Outstanding
 
Remaining
Contractual
Life in
Years
 
Exercise
Price
 
Number
Exercisable
 
Weighted
Average
Exercise
Price
2014
 
$79.78-$89.29
 
146
 
4.65
 
$89.16
 
 
$—
2013
 
$72.67
 
85
 
3.66
 
$72.67
 
14
 
$72.67
2012
 
$63.50-$68.12
 
92
 
2.65
 
$68.08
 
35
 
$68.12
2011
 
$57.78
 
22
 
1.65
 
$57.78
 
22
 
$57.78
2010
 
$58.79
 
13
 
0.65
 
$58.79
 
13
 
$58.79
Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Compensation Expense And Tax Benefits Recorded
The following table summarizes our continuing operations restricted stock compensation expense and tax benefits recorded for each of the years ending June 30:
 
 
2014
 
2013
 
2012
Compensation expense
$
1,434

 
$
1,411

 
$
1,243

Tax benefits
$
502

 
$
494

 
$
435

Excess tax benefits
$
78

 
$
135

 
$
71

Fair Value Of Awards Vested
The total fair values of restricted stock vested for each of the years ended June 30 were as follows:
 
 
2014
 
2013
 
2012
Fair value of vested shares
$
931

 
$
1,842

 
$
645

Restricted Stock Activity
The following table summarizes the activity relating to restricted stock granted under the 2005 Plan for the year ended June 30, 2014:
 
 
Number of
Shares
 
Weighted
Average Grant
Date Fair Value
Unvested restricted stock at beginning of year
45

 
$
68.16

Granted
30

 
$
88.30

Vested
(13
)
 
$
65.96

Forfeited
(4
)
 
$
70.63

Unvested restricted stock at end of year
58

 
$
79.09

Director Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Nonemployee Director Restricted Stock Grant Details
In 2014, 2013 and 2012, we also granted shares of restricted stock to our seven nonemployee directors under the terms of the 2005 Plan. The following table summarizes information relating to each of these grants:
 
 
2014
 
2013
 
2012
Nonemployee directors
 
 
 
 
 
Restricted stock granted
6

 
7

 
7

Grant date fair value
$
490

 
$
490

 
$
490

Weighted average grant date fair value per award
$
84.42

 
$
73.29

 
$
65.97

Employee Restricted Stock [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Employee Restricted Stock Grant Details
In 2014, 2013 and 2012, we granted shares of restricted stock to various employees under the terms of the 2005 Plan. The following table summarizes information relating to these grants:
 
 
2014
 
2013
 
2012
Employees
 
 
 
 
 
Restricted stock granted
24

 
8

 
25

Grant date fair value
$
2,190

 
$
572

 
$
1,705

Weighted average grant date fair value per award
$
89.21

 
$
72.67

 
$
68.08