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Note 5 - Share-based Compensation
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9 Months Ended |
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Mar. 31, 2015
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| Notes to Financial Statements | |
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] |
Note 5 . Share-based Compensation : During the nine months ended March 31, 2015 and 2014, the Company granted 538,000 and 167,000 stock options at weighted average grant prices of $93.65 and $78.19 and weighted average fair values of $15.08 and $14.97, respectively. During the nine months ended March 31, 2015, the Company granted 34,000 restricted stock units at a weighted average fair value of $93.70. The Company did not grant any restricted stock units during the nine months ended March 31, 2014. During the nine months ended March 31, 2015 and 2014, the Company granted 9,000 and 8,000 shares of restricted stock at grant date fair values of $91.78 and $87.39, respectively. Stock options for 141,000 and 84,000 shares of common stock with total intrinsic values of $3.4 million and $2.0 million were exercised during the nine months ended March 31, 2015 and 2014, respectively. Stock-based compensation expense of $1.3 million and $0.7 million was included in selling, general and administrative expenses for the quarters ended March 31, 2015 and 2014, respectively. Stock–based compensation expense of $4.7 million and $2.6 million was included in selling, general and administrative expenses for the nine months ended March 31, 2015 and 2014, respectively. As of March 31, 2015, there was $8.0 million of unrecognized compensation cost related to non-vested stock options, non-vested restricted stock units and non-vested restricted stock. The weighted average period over which the compensation cost is expected to be recognized is 1.3 years. |