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Subsequent Events | 3 Months Ended
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Sep. 30, 2015
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS Cash Dividends As part of our quarterly, non-cumulative cash dividend program, we declared, on October 28, 2015, a dividend of $0.20 per Common Share. The record date for this dividend is November 27, 2015 and the payment date is December 18, 2015. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination and discretion of our Board of Directors. Daegis Inc. On October 8, 2015, the Company announced a definitive agreement to acquire all outstanding shares of Daegis Inc. (Daegis), a global information governance, data migration solutions and development company, for $0.82 per share in cash, for a total value of approximately $13.5 million. The transaction is expected to close in the second quarter of Fiscal 2016.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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