Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2014

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

Stock option activity and related information

Stock options are granted at the market value of the Company’s common stock on the g

Assumptions used to calculate grant date fair value

Assumptions used to calculate the fiscal 2012 grant date fair value and the fair value calculated was as follows:

	2012
Grant date fair value	$5.61
Risk-free interest rate	0.88%
Expected volatility	66.19%
Expected life in years	5.00
Expected dividend yield	—

Stock options information

The following table summarizes information about stock options at June 30, 2014:

	Stock Options Outstanding				Stock Options Exercisable
Range of Exercise Price	Options Outstanding	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Options Exercisable	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life
				(Years)				(Years)
$4.60 –  $ 5.49	20,500	$	5.16	1	20,500	$	5.16	1.0
8.93 – 12.20	224,800	10.10		6.9	16,500	8.93		1.3
$4.60 – $12.20	245,300	$	9.68	6.4	37,000	$	6.84	1.0

Nonvested deferred share activity

Nonvested deferred share activity for the twelve months ended June 30, 2014 is as follows:

	Shares		Weighted Average  Grant Date Fair Value per Share
Nonvested shares at June 30, 2013	1,030,660		$	10.71
Shares granted	381,038		$	18.01
Shares vested and released	(266,029	)	$	10.41
Shares cancelled	(39,968	)	$	11.87
Nonvested shares at June 30, 2014	1,105,701		$	13.22