Common Stock

3 Months Ended

Sep. 30, 2012

Common Stock

Common Stock

8.  Common Stock

On November 1, 2011, our Board of Directors approved a share repurchase program for up to $100 million worth of our common stock. This replaced the prior share repurchase program approved by the Board of Directors on October 29, 2010 for up to $40 million, which had approximately $17.0 million of remaining capacity at October 31, 2011. The timing and amount of any shares repurchased are based on market conditions and other factors.  All share repurchases of our common stock have been recorded as treasury stock under the cost method.  We repurchased 716,605 shares of our common stock for $17.2 million during the three months ended September 30, 2012. We repurchased 2,496,595 shares of our common stock for $46.1 million during fiscal 2012. As of September 30, 2012, the remaining dollar value under the stock repurchase program approved by our Board of Directors was $49.2 million.