STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of weighted average fair values per stock-based compensation award granted

Using the fair value of each grant on the date of grant, the weighted average fair values per stock-based compensation award granted during fiscal years 2015, 2014 and 2013 were as follows:

	2015		2014		2013
Stock options & SARs	$	6.16	$	6.00	$	6.63
RSAs & RSUs	15.95		15.50		17.40
PSUs	15.15		15.73		18.33

Schedule of assumptions used in determining estimated fair value of stock options, SARs and market-based RSUs granted

The significant assumptions used in determining the estimated fair value of stock options, SARs and market-based RSUs granted during fiscal years 2015, 2014 and 2013 were as follows:

	2015	2014	2013
Risk-free interest rate	1.53 - 1.84%	1.67 - 1.96%	0.66 - 0.87%
Expected term (in years)	6.00	6.00	6.00
Expected volatility	38.00 - 44.00%	44.00%	44.00 - 47.00%
Expected dividend yield	0%	1.52 - 1.61%	1.33 - 1.46%

Schedule of stock-based compensation expense

Stock-based compensation expense was as follows:

	2015		2014		2013
SARs & stock options	$	2,652	$	2,145	$	1,986
RSAs, RSUs, & PSUs	5,995		4,255		3,895
Total stock-based compensation expense within General and Administrative expense	8,647		6,400		5,881
Less: Income tax benefit(1)	—		—		(2,235		)
Total stock-based compensation expense, net of tax	$	8,647	$	6,400	$	3,646

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(1) During fiscal year 2014, the Company recorded a valuation allowance against the majority of its deferred tax assets. Any subsequent stock-based compensation expense was not tax effected.

Schedule of activity for outstanding SARs and stock options

Activity for all of our outstanding SARs and stock options is as follows:

	Shares (in thousands)				Weighted Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value (in thousands)
	SARs		Stock Options
Outstanding balance at June 30, 2014	1,140		252		$	20.80
Granted	814		—		15.99
Forfeited/Expired	(189	)	(73	)	24.26
Exercised	(10	)	—		15.66
Outstanding balance at June 30, 2015	1,755		179		$	19.16	6.9	287
Exercisable at June 30, 2015	609		179		$	21.62	5.5	19
Unvested awards, net of estimated forfeitures	1,069		—		$	17.59	7.9	245

Schedule of activity for RSAs and RSUs

Activity for all of our RSAs and RSUs is as follows:

	Shares/Units (in thousands)				Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)
	RSAs		RSUs
Outstanding balance at June 30, 2014	186		512		$	16.34
Granted	—		478		15.95
Forfeited	(19	)	(72	)	15.42
Vested	(34	)	(109	)	16.32
Outstanding balance at June 30, 2015	133		809		$	15.86	$	14,830
Vested at June 30, 2015	—		129		$	16.10	$	2,029
Unvested awards, net of estimated forfeitures	132		639		$	16.31	$	12,149

Schedule of activity for PSUs

Activity for all of our PSUs is as follows:

	Shares/Units (in thousands)		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value (in thousands)(1)
	PSUs
Outstanding balance at June 30, 2014	307		$	15.73
Granted	199		15.15
Forfeited	(207	)	14.09
Vested	—		—
Outstanding balance at June 30, 2015	299		$	15.28	$	5,020
Vested at June 30, 2015	—		$	—	$	—
Unvested awards, net of estimated forfeitures	179		$	15.15	$	4,656

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(1) Includes actual or expected payout rates as set forth in the performance criteria.