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Note 3 - Stock Based Compensation
 9 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
3.             Stock Based Compensation

The following table summarizes the components of our stock based compensation program expense (in thousands):

   
Three months ended
March 31,
   
Nine months ended
March 31,
 
   
2013
   
2012
   
2013
   
2012
 
                         
Stock compensation expense for options, net of forfeitures
  $ 70     $ 106     $ 384     $ 442  
Stock compensation for restricted stock, net of forfeitures
    428       459       2,935       1,159  
Stock compensation expense for stock appreciation rights
    0       532       (4 )     225  
Total stock compensation expense
  $ 498     $ 1,097     $ 3,315     $ 1,826  

As of March 31, 2013, we had approximately $0.4 million of unrecognized compensation cost related to unvested options granted under the Company's 2006 Omnibus Incentive Plan, as amended (the "2006 Plan"). This cost is expected to be recognized over a weighted-average period of 0.8 years and a total period of 2.0 years.

A summary of the award activity of the Company’s stock option plans as of March 31, 2013, and changes during the period then ended is presented below:

Options
 
Option Totals
   
Weighted-Average Exercise
Price per Share
 
             
Outstanding at July 1, 2012
    1,362,290     $ 10.63  
Granted
    ---       ---  
Exercised
    (186,575 )   $ 9.69  
Forfeited or expired
    (11,375 )   $ 13.41  
Outstanding at March 31, 2013
    1,164,340     $ 10.75  
Exercisable at March 31, 2013
    1,071,790     $ 10.64  

We also have approximately $5.1 million of unrecognized compensation expense related to restricted stock awards, which is anticipated to be recognized over a weighted-average period of 2.9 years and a total period of 3.8 years.  A summary of the restricted stock award activity under the 2006 Plan as of March 31, 2013, and changes during the nine-month period is presented below:

   
Number of Restricted Stock Awards
   
Weighted-Average Grant Date Fair Value
 
             
Unvested at July 1, 2012
    453,425     $ 12.36  
Granted
    189,413     $ 18.58  
Vested and Issued
    (260,438 )   $ 12.62  
Forfeited
    (22,562 )   $ 11.19  
Unvested at March 31, 2013
    359,838     $ 15.73  

The fair value of each restricted stock award is based on the closing market price on the date of grant.

We had no outstanding stock appreciation rights as of March 31, 2013 and 142,593 outstanding stock appreciation rights as of June 30, 2012, respectively. These stock appreciation rights were granted at a fair value market price of $8.64 based on the closing market price on the date of the grant and are marked to market at the end of each quarter.  All stock rights vested and were paid out in the December 2012 quarter.