Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

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Repurchase of Common Stock
 6 Months Ended
Dec. 31, 2011
Repurchase of Common Stock [Abstract]  
Treasury Stock [Text Block]
Repurchase of Common Stock
On August 17, 2011, our Board of Directors approved a $5 million increase in our Stock Repurchase Program, bringing the total amount authorized to $20.0 million. During the three months ended December 31, 2011, we purchased 49,948 shares of our common stock for a total cost of $0.9 million. During the six months ended December 31, 2011, we purchased 142,704 shares of our common stock for a total cost of $2.3 million, Since the inception of the Stock Repurchase Program, we have purchased 1,344,231 shares of our common stock for an aggregate of $13.9 million. All purchases were made at the discretion of our management and pursuant to the safe harbor provisions of SEC Rule 10b-18. As of December 31, 2011, $6.1 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.
The following table summarizes the purchases of our common stock for the quarter ended December 31, 2011:
Period
Total Number of Shares Purchased
 
Average Price Paid per Share
 
Total Number of Shares Purchased as Part of Publicly Announced Plans
 
Dollar Value of Shares that May Yet Be Purchased Under the Plans
October 2 to November 5, 2011
19,838

 
$
16.47

 
19,838

 
$6.6 million
November 6 to December 3, 2011
29,610

 
$
16.68

 
29,610

 
$6.1 million
December 4 to December 31, 2011
500

 
$
17.02

 
500

 
$6.1 million
Total
49,948

 
$
16.60

 
49,948

 
$6.1 million