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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Mar. 31, 2015
Reconciliation of Non-Controlling Interest Balance
The following is a reconciliation of the noncontrolling interest balance (in thousands):
 
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
 
 
2015
 
2014
 
2015
 
2014
 
Balance at Beginning of period
 
$
8,139
 
$
5,975
 
$
6,393
 
$
854
 
Net Income Attributable to Noncontrolling Interest
 
 
84
 
 
19
 
 
470
 
 
227
 
Accretion of Noncontrolling Interest Put Option
 
 
877
 
 
195
 
 
2,237
 
 
5,108
 
Balance at End of period
 
$
9,100
 
$
6,189
 
$
9,100
 
$
6,189
 
Reconciliation of Basic Shares to Diluted Shares
The following is a reconciliation of basic shares to diluted shares (in thousands):
 
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
 
 
2015
 
2014
 
2015
 
2014
 
Weighted Average Shares Outstanding
 
 
63,773
 
 
63,389
 
 
63,801
 
 
63,241
 
Unvested Participating Restricted Shares
 
 
738
 
 
895
 
 
791
 
 
896
 
Basic Shares
 
 
64,511
 
 
64,284
 
 
64,592
 
 
64,137
 
Effect of Dilutive Stock Options
 
 
754
 
 
557
 
 
810
 
 
610
 
Diluted Shares
 
 
65,265
 
 
64,841
 
 
65,402
 
 
64,747