Incentive Plans (Tables)

12 Months Ended

Jun. 30, 2015



	Fiscal 2015		Fiscal 2014		Fiscal 2013
Expected volatility	53.7	%	55.1	%	55.2	%
Weighted-average volatility	53.7	%	55.1	%	55.2	%
Expected dividend yield	3.0	%	2.6	%	1.2	%
Expected term (in years)	7.2		7.7		7.7
Risk-free interest rate	2.2	%	2.3	%	1.2	%

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



Unvested Shares	Shares		Weighted-Average Award Date Fair Value
Unvested at June 30, 2012	146,800		$	7.13
Awarded	—		$	—
Vested	(73,050	)	$	7.19
Forfeited	(1,500	)	$	7.07
Unvested at June 30, 2013	72,250		$	7.07
Expected to vest at June 30, 2013	57,800		$	7.07

Unvested at June 30, 2013	72,250		$	7.07
Awarded	15,000		$	13.96
Vested	—		$	—
Forfeited	(5,750	)	$	7.07
Unvested at June 30, 2014	81,500		$	8.34
Expected to vest at June 30, 2014	65,200		$	8.34

Unvested at June 30, 2014	81,500		$	8.34
Awarded	185,000		$	13.30
Vested	(65,000	)	$	7.07
Forfeited	(1,500	)	$	7.07
Unvested at June 30, 2015	200,000		$	13.35
Expected to vest at June 30, 2015	160,000		$	13.35

The following tables summarize the stock option activity in the Plans during the years ended June 30, 2015, 2014 and 2013:



Options	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000)
Outstanding at June 30, 2012	757,800		$	12.13
Granted	20,000		$	16.47
Exercised	(42,000	)	$	7.03
Forfeited	(24,000	)	$	7.41
Outstanding at June 30, 2013	711,800		$	12.71	6.43	$	4,429
Vested and expected to vest at June 30, 2013	668,900		$	12.99	6.32	$	4,100
Exercisable at June 30, 2013	497,300		$	14.62	5.71	$	2,785

Outstanding at June 30, 2013	711,800		$	12.71
Granted	20,000		$	15.14
Exercised	(52,500	)	$	7.34
Forfeited	(31,300	)	$	20.64
Outstanding at June 30, 2014	648,000		$	12.84	5.55	$	3,680
Vested and expected to vest at June 30, 2014	603,400		$	13.13	5.42	$	3,386
Exercisable at June 30, 2014	425,000		$	14.89	4.60	$	2,212

Outstanding at June 30, 2014	648,000		$	12.84
Granted	369,000		$	14.59
Exercised	(52,500	)	$	7.19
Forfeited	(3,000	)	$	7.43
Outstanding at June 30, 2015	961,500		$	13.83	6.35	$	4,578
Vested and expected to vest at June 30, 2015	881,700		$	13.76	6.09	$	4,412
Exercisable at June 30, 2015	562,500		$	13.24	4.34	$	3,750

The following is a summary of the activity in the Stock Option Plans for the years ended June 30, 2015, 2014 and 2013:



Options	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000)
Outstanding at June 30, 2012	420,200		$	24.11
Granted	—		$	—
Exercised	—		$	—
Forfeited	(7,500	)	$	13.67
Outstanding at June 30, 2013	412,700		$	24.30	1.51	$	—
Vested and expected to vest at June 30, 2013	412,700		$	24.30	1.51	$	—
Exercisable at June 30, 2013	412,700		$	24.30	1.51	$	—

Outstanding at June 30, 2013	412,700		$	24.30
Granted	—		$	—
Exercised	—		$	—
Forfeited	(317,700	)	$	24.58
Outstanding at June 30, 2014	95,000		$	23.33	2.06	$	—
Vested and expected to vest at June 30, 2014	95,000		$	23.33	2.06	$	—
Exercisable at June 30, 2014	95,000		$	23.33	2.06	$	—

Outstanding at June 30, 2014	95,000		$	23.33
Granted	—		$	—
Exercised	—		$	—
Forfeited	(25,000	)	$	24.80
Outstanding at June 30, 2015	70,000		$	22.81	1.69	$	—
Vested and expected to vest at June 30, 2015	70,000		$	22.81	1.69	$	—
Exercisable at June 30, 2015	70,000		$	22.81	1.69	$	—