Accrued Liabilities and Other (Notes)

12 Months Ended

Jun. 30, 2014

Other Liabilities Disclosure [Abstract]

As of June 30, 2014 and June 30, 2013 our other current liabilities consisted of the following:



	June 30, 2014		June 30, 2013

Accrued incentive and other compensation	$	1,358,653	$	1,385,494
Accrued restructuring charges	530,412		—
Officer retirement costs	288,258		—
Asset retirement obligations due within one year	146,703		—
Accrued royalties	89,179		91,427
Accrued franchise taxes	87,575		94,116
Other accrued liabilities	57,224		59,066
Accrued liabilities and other	$	2,558,004	$	1,630,103

The officer retirement costs of $288,258 at June 30, 2014 reflects remaining payments to be made to the Company’s former Vice President and Chief Financial Officer under his February 14, 2014, retirement arrangement. In February the Company recorded a $608,000 charge including $204,000 of stock compensation from the accelerated vesting of his equity awards on February 15, 2014, together with $356,000 of salary and incentive compensation, and $48,000 of benefit payments to be paid during the twelve months ended February 14, 2015.