Incentive Plans (Tables)

12 Months Ended

Jun. 30, 2016



	Fiscal 2016		Fiscal 2015		Fiscal 2014
Expected volatility	—	%	53.7	%	55.1	%
Weighted-average volatility	—	%	53.7	%	55.1	%
Expected dividend yield	—	%	3.0	%	2.6	%
Expected term (in years)	-		7.2		7.7
Risk-free interest rate	—	%	2.2	%	2.3	%

The following table summarizes the restricted stock activity for the years ended June 30, 2016, 2015 and 2014:



Unvested Shares	Shares		Weighted-Average Award Date Fair Value
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

Unvested at June 30, 2015	200,000		$13.35
Awarded	—		$—
Vested	(10,000	)	$13.80
Forfeited	—		$—
Unvested at June 30, 2016	190,000		$13.33
Expected to vest at June 30, 2016	152,000		$13.33

The following tables summarize the stock option activity in the Plans during the years ended June 30, 2016, 2015 and 2014:



Options	Shares		Weighted- Average Exercise Price	Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000)
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	$	3,680,000
Vested and expected to vest at June 30, 2014	603,400		$13.13	5.42	$	3,386,000
Exercisable at June 30, 2014	425,000		$14.89	4.60	$	2,212,000

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	$	4,578,000
Vested and expected to vest at June 30, 2015	881,700		$13.76	6.09	$	4,412,000
Exercisable at June 30, 2015	562,500		$13.24	4.34	$	3,750,000

Outstanding at June 30, 2015	961,500		$13.83
Granted	—		$—
Exercised	(80,500	)	$7.33
Forfeited	(3,000	)	$14.59
Outstanding at June 30, 2016	878,000		$14.43	5.44	$	4,943,000
Vested and expected to vest at June 30, 2016	800,800		$14.40	5.17	$	4,661,000
Exercisable at June 30, 2016	492,000		$14.25	3.28	$	3,535,000

The following is a summary of the activity in the Stock Option Plans for the years ended June 30, 2016, 2015 and 2014:



Options	Shares		Weighted- Average Exercise Price	Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($000)
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	$	—

Outstanding at June 30, 2015	70,000		$22.81
Granted	—		$—
Exercised	—		$—
Forfeited	(7,500	)	$29.93
Outstanding at June 30, 2016	62,500		$21.95	0.88	$	—
Vested and expected to vest at June 30, 2016	62,500		$21.95	0.88	$	—
Exercisable at June 30, 2016	62,500		$21.95	0.88	$	—