Stockholders' Equity

12 Months Ended

Jun. 30, 2012

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

STOCKHOLDERS’ EQUITY

During Fiscal Year 2012, 124,244 shares of common stock were surrendered as part of the cashless exercise of stock options and vesting of restricted stock to satisfy exercise costs and tax withholding payments.

On August 8, 2012, our Board of Directors approved a stock repurchase program authorizing the repurchase of up to $200 million of our common stock. There is no set expiration date for the program. The timing and amount of repurchases will be determined by certain members of our management team based on a variety of factors such as trading price, corporate requirements, and overall market conditions, and will be subject to applicable legal requirements including federal and state securities laws. We had approximately $6 million remaining under a previous stock repurchase program, which has now been canceled.