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EARNINGS PER SHARE (Tables)
12 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of shares used in the computation of basic and diluted earnings per share
The following table sets forth a reconciliation of shares used in the computation of basic and diluted earnings per share:
 
 
Fiscal Years
 
 
2015
 
2014
 
2013
 
 
(Shares in thousands)
Weighted average shares for basic earnings per share
 
54,992

 
56,482

 
56,704

Effect of dilutive securities:
 
 
 
 
 
 
Dilutive effect of stock-based compensation(1)
 

 

 
142

Weighted average shares for diluted earnings per share
 
54,992

 
56,482

 
56,846

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(1)
For fiscal year 2015 and 2014, 251,763 and 119,750 common stock equivalents of potentially dilutive common stock were not included in the diluted earnings per share calculation due to the net loss from continuing operations.