Annual report pursuant to Section 13 and 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

12 Months Ended

Jun. 30, 2012

REPURCHASE OF COMMON STOCK

As of June 30, 2012, our Board of Directors had authorized management to use up to $20.0 million to repurchase Delta Apparel stock in open market transactions under our Stock Repurchase Program.

During fiscal years 2012 and 2011, we purchased 168,120 shares and 176,756 shares, respectively, of our common stock for a total cost of $2.6 million and $2.5 million, respectively. No purchases of our common stock were made during fiscal year 2010. As of June 30, 2012, we have purchased 1,369,647 shares of common stock for an aggregate of $14.2 million since the inception of the Stock Repurchase Program. All purchases were made at the discretion of management. As of June 30, 2012, $5.8 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 June 30, 2012:



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 *
April 1 to May 5, 2012	—	$0.00	—		$6.1	million
May 6 to June 2, 2012	—	$0.00	—		$6.1	million
June 3 to June 30, 2012	25,416	$13.92	25,416		$5.8	million
Total	25,416	$13.92	25,416		$5.8	million

* As of June 30, 2012