XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Shareholders' Equity | 12 Months Ended
--- | ---
Jun. 30, 2016
Stockholders' Equity Note [Abstract] |
SHAREHOLDERS' EQUITY | SHAREHOLDERS’ EQUITY Treasury Shares At June 30, 2016, 596 shares of the Company’s common stock held as treasury shares were restricted as collateral under escrow arrangements relating to change in control and director and officer indemnification agreements. Accumulated Other Comprehensive Income (Loss) Changes in the accumulated other comprehensive income (loss) for the years ended June 30, 2016 and 2015, is comprised of the following:
| Foreign currency translation adjustment |  |  | Unrealized gain (loss) on securities available for sale |  |  | Postemployment benefits |  |  | Total accumulated other comprehensive income (loss) |
Balance at July 1, 2013 | $ | 360 |  |  | $ | (52 | ) |  | $ | (3,729 | ) |  | $ | (3,421 | )
Other comprehensive income (loss) | 629 |  |  | 73 |  |  | 871 |  |  | 1,573 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | 233 |  |  | 233 |
Net current-period other comprehensive income (loss), net of taxes | 629 |  |  | 73 |  |  | 1,104 |  |  | 1,806 |
Balance at June 30, 2014 | $ | 989 |  |  | $ | 21 |  |  | $ | (2,625 | ) |  | $ | (1,615 | )
Other comprehensive income (loss) | (58,233 | ) |  | (25 | ) |  | (472 | ) |  | (58,730 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | 174 |  |  | 174 |
Net current-period other comprehensive income (loss), net of taxes | (58,233 | ) |  | (25 | ) |  | (298 | ) |  | (58,556 | )
Balance at June 30, 2015 | $ | (57,244 | ) |  | $ | (4 | ) |  | $ | (2,923 | ) |  | $ | (60,171 | )
Other comprehensive income (loss) | (24,441 | ) |  | (34 | ) |  | (1,215 | ) |  | (25,690 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | 315 |  |  | 315 |
Net current-period other comprehensive income (loss), net of taxes | (24,441 | ) |  | (34 | ) |  | (900 | ) |  | (25,375 | )
Balance at June 30, 2016 | $ | (81,685 | ) |  | $ | (38 | ) |  | $ | (3,823 | ) |  | $ | (85,546 | )
Other Comprehensive (Loss) Income Details of other comprehensive (loss) income are as follows:
Year Ended June 30, | 2016 |  | 2015 |  | 2014
| Pre-Tax Amount |  |  | Tax (Benefit) Expense |  |  | Net Amount |  |  | Pre-Tax Amount |  |  | Tax (Benefit) Expense |  |  | Net Amount |  |  | Pre-Tax Amount |  |  | Tax Expense |  |  | Net Amount |
Foreign currency translation adjustments | $ | (24,441 | ) |  | $ | — |  |  | $ | (24,441 | ) |  | $ | (58,233 | ) |  | $ | — |  |  | $ | (58,233 | ) |  | $ | 629 |  |  | $ | — |  |  | $ | 629 |
Postemployment benefits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial (loss) gain on remeasurement | (1,998 | ) |  | (783 | ) |  | (1,215 | ) |  | (776 | ) |  | (304 | ) |  | (472 | ) |  | 1,402 |  |  | 531 |  |  | 871 |
Reclassification of actuarial losses and prior service cost into SD&A expense and included in net periodic pension costs | 518 |  |  | 203 |  |  | 315 |  |  | 286 |  |  | 112 |  |  | 174 |  |  | 382 |  |  | 149 |  |  | 233 |
Unrealized (loss) gain on investment securities available for sale | (52 | ) |  | (18 | ) |  | (34 | ) |  | (38 | ) |  | (13 | ) |  | (25 | ) |  | 112 |  |  | 39 |  |  | 73 |
Other comprehensive (loss) income | $ | (25,973 | ) |  | $ | (598 | ) |  | $ | (25,375 | ) |  | $ | (58,761 | ) |  | $ | (205 | ) |  | $ | (58,556 | ) |  | $ | 2,525 |  |  | $ | 719 |  |  | $ | 1,806 |
Net Income Per Share Basic net income per share is based on the weighted-average number of common shares outstanding. Diluted net income per share includes the dilutive effect of potential common shares outstanding. Under the two-class method of computing net income per share, non-vested share-based payment awards that contain rights to receive non-forfeitable dividends are considered participating securities. The Company’s participating securities include RSUs and restricted stock awards. The Company calculated basic and diluted net income per share under both the treasury stock method and the two-class method. For the years presented there were no material differences in the net income per share amounts calculated using the two methods. Accordingly, the treasury stock method is disclosed below. The following table presents amounts used in computing net income per share and the effect on the weighted-average number of shares of dilutive potential common shares:
Year Ended June 30, | 2016 |  |  | 2015 |  |  | 2014 |
Net Income | $ | 29,577 |  |  | $ | 115,484 |  |  | $ | 112,821 |
Average Shares Outstanding: |  |  |  |  |
Weighted-average common shares outstanding for basic computation | 39,254 |  |  | 40,892 |  |  | 41,942 |
Dilutive effect of potential common shares | 212 |  |  | 295 |  |  | 389 |
Weighted-average common shares outstanding for dilutive computation | 39,466 |  |  | 41,187 |  |  | 42,331 |
Net Income Per Share — Basic | $ | 0.75 |  |  | $ | 2.82 |  |  | $ | 2.69 |
Net Income Per Share — Diluted | $ | 0.75 |  |  | $ | 2.80 |  |  | $ | 2.67 |
Stock appreciation rights and options relating to 775, 435 and 289 shares of common stock were outstanding at June 30, 2016, 2015 and 2014, respectively, but were not included in the computation of diluted earnings per share for the fiscal years then ended as they were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration