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Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2015

Stock-Based Compensation [Abstract]

Range Of Assumptions Used To Value Options Granted

	2015		2014		2013
Expected volatility	60	%	50	%	49	%
Expected dividends	0	%	0	%	0	%
Expected life (in years)	3		3		3
Risk-free rate	1.0	%	0.9	%	0.3	%

Summarized Stock Option Activity

The following table summarizes stock option activity for the years ended June 30, 2015, 2014 and 2013:

				Weighted
				Average				Weighted
			Weighted	Remaining		Aggregate		Average
			average	Contractual		Intrinsic		Grant
	Number of		exercise	Term		Value		Date Fair
	shares		price ($)	(in years)	($'	000	)	Value ($)
Outstanding – July 1, 2012	2,247,583		16.28	6.43		602		-
Granted under Plan: August 2012	431,000		8.75	10.00		1,249		2.90
Exercised	(30,000	)	7.98			24
Outstanding – June 30, 2013	2,648,583		15.15	5.98		313
Granted under Plan: August 2013	224,896		7.35	10.00		568		2.53
Exercised	(26,667	)	7.00			91
Forfeited	(136,420	)	23.51			-
Outstanding – June 30, 2014	2,710,392		14.16	5.38		3,909
Granted under Plan: August 2014	464,410		11.23	10.00		2,113		4.55
Exercised	(773,633	)	8.35			3,845
Outstanding – June 30, 2015	2,401,169		15.34	4.74		11,516

The following table presents stock options vesting and expecting to vest as of June 30, 2015:

			Weighted
		Weighted	Average
		average	Remaining		Aggregate
		exercise	Contractual		Intrinsic
	Number of	price	Term		Value
	shares	($)	(in years)	($'	000	)
Vested and expecting to vest
– June 30, 2015	2,401,169	15.34	4.74		11,516

These options have an exercise price range of $7.35 to $24.46.

The following table presents stock options that are exercisable as of June 30, 2015:

			Weighted
			Average
		Weighted	Remaining		Aggregate
		average	Contractual		Intrinsic
	Number of	exercise	Term		Value
	shares	price ($)	(in years)	($'	000	)
Exercisable – June 30, 2015	1,643,163	17.82	2.96		5,234

Restricted Stock Activity

	Number of			Weighted
	Shares of			Average Grant
	Restricted			Date Fair Value
	Stock		($'	000	)
Non-vested – July 1, 2012	646,617			7,061
Granted – August 2012	21,569			189
Vested – August 2012	(23,436	)		216
Vested – February 2013	(183,333	)		1,016
Vested – May 2013	(858	)		7
Total vested	(207,627	)
Forfeitures	(55,333	)		407
Non-vested – June 30, 2013	405,226			4,393
Granted – August 2013	187,963			1,382
Vested – August 2013	(16,907	)		161
Vested – February 2014	(183,333	)		1,742
Total vested	(200,240	)
Forfeitures	(7,171	)		84
Non-vested – June 30, 2014	385,778			3,534
Granted – August 2014	141,707			581
Granted – November 2014	71,530			229
Total granted	213,237
Vested – August 2014	(74,152	)		828
Vested – February 2015	(183,334	)		2,400
Total vested	(257,486	)
Non-vested – June 30, 2015	341,529			1,759

Recorded Net Stock Compensation Charge

				Allocated to
				cost of goods
				sold, IT		Allocated to
		Total		processing,		selling,
		charge		servicing		general and
		(reversal)		and support		administration
Year ended June 30, 2015
Stock-based compensation charge	$	3,195		$-	$	3,195
Total – year ended June 30, 2015	$	3,195		$-	$	3,195
Year ended June 30, 2014
Stock-based compensation charge	$	3,724		$-	$	3,724
Reversal of stock compensation charge related to restricted stock
forfeited		(6	)	-		(6	)
Total – year ended June 30, 2014	$	3,718		$-	$	3,718
Year ended June 30, 2013
Stock-based compensation charge	$	4,387		$-	$	4,387
Reversal of stock compensation charge related to restricted stock
forfeited		(480	)	-		(480	)
Total – year ended June 30, 2013	$	3,907		$-	$	3,907

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Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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