12. Dividend

During the six months ended December 31, 2012, our Board of Directors approved three quarterly cash dividends, including two during the three months ended September 30, 2012, and a special dividend. The following summarizes our dividend activity during the six months ended December 31, 2012:


Record	Payment		Dividend
Date	Date	Type		Per Share		Total
					(In Thousands)
July 17, 2012	July 31, 2012	Quarterly	$	0.06	$	541
September 14, 2012	September 28, 2012	Quarterly	$	0.06	$	554
December 14, 2012	December 28, 2012	Quarterly	$	0.06	$	556
December 21, 2012	December 31, 2012	Special	$	0.50	$	4,632
Total					$	6,283

As of December 31, 2012, we have accrued for $330,000 of dividends payable to holders of restricted common stock who held restricted shares at the time of dividend record dates and still hold those restricted shares as of December 31, 2012. Such dividends will be paid when the restrictions on a holder's restricted common shares lapse. This dividend payable is divided between current payable and non-current payable in the amounts of $76,000 and $254,000 respectively based upon the expected vest date of the underlying shares. These holders of restricted common stock will receive the dividend payments as long as they remain eligible at the vest date of the shares. Because the participants are not entitled to these dividends unless they complete the requisite service period for the shares to vest, they are not participating dividends as defined under ASC 260-10.