Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Jun. 30, 2012	Aug. 07, 2012	Dec. 30, 2011
Document and Entity Information
Entity Registrant Name	OSI SYSTEMS INC
Entity Central Index Key	0001039065
Document Type	10-K
Document Period End Date	Jun. 30, 2012
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 923,227,890
Entity Common Stock, Shares Outstanding		19,866,315
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Jun. 30, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 91,452	$ 55,619
Accounts receivable, net of allowance for doubtful accounts of $5,793 and $5,054 as of June 30, 2011 and 2012, respectively	156,867	136,716
Inventories	195,178	169,634
Deferred income taxes	19,205	17,156
Prepaid expenses and other current assets	20,411	26,161
Total current assets	483,113	405,286
Property and equipment, net	111,664	55,017
Goodwill	82,149	70,292
Intangible assets, net	37,742	33,707
Other assets	35,228	20,614
Total assets	749,896	584,916
CURRENT LIABILITIES:
Accounts payable	56,422	66,462
Accrued payroll and related expenses	24,749	24,417
Advances from customers	22,677	25,191
Accrued warranties	17,562	14,530
Deferred revenue	20,194	15,956
Other accrued expenses and current liabilities	19,045	14,425
Total current liabilities	160,649	160,981
Long-term debt	2,467	2,756
Advances from customers	100,000
Other long-term liabilities	52,661	36,379
Total liabilities	315,777	200,116
Commitments and contingencies (Note 9)
Stockholders' Equity:
Preferred stock, $0.001 par value -authorized, 10,000,000 shares; no shares issued or outstanding
Common stock, $0.001 par value-authorized, 100,000,000 shares; issued and outstanding, 19,507,065 and 19,821,064 shares at June 30, 2011 and 2012, respectively	282,756	272,552
Retained earnings	155,651	110,103
Accumulated other comprehensive income (loss)	(4,288)	2,145
Total stockholders' equity	434,119	384,800
Total liabilities and stockholders' equity	$ 749,896	$ 584,916

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2012	Jun. 30, 2011
CONSOLIDATED BALANCE SHEETS
Allowance for Doubtful Accounts Receivable, Current	$ 5,054	$ 5,793
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized shares	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized shares	100,000,000	100,000,000
Common stock, shares issued	19,821,064	19,507,065
Common stock, shares outstanding	19,821,064	19,507,065

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Revenues	$ 792,990	$ 656,100	$ 595,111
Cost of goods sold	524,348	416,834	377,077
Gross profit	268,642	239,266	218,034
Operating expenses:
Selling, general and administrative expenses	151,746	142,633	139,830
Research and development	49,565	45,448	38,577
Restructuring and other charges	1,391	3,424	2,859
Total operating expenses	202,702	191,505	181,266
Income from operations	65,940	47,761	36,768
Interest expense and other income, net	3,957	1,026	1,772
Income before income taxes	61,983	46,735	34,996
Provision for income taxes	16,435	13,313	11,439
Net income	$ 45,548	$ 33,422	$ 23,557
Earnings per share:
Basic (in dollars per share)	$ 2.31	$ 1.77	$ 1.32
Diluted (in dollars per share)	$ 2.24	$ 1.71	$ 1.28
Shares used in per share calculation:
Basic (in shares)	19,732	18,843	17,874
Diluted (in shares)	20,330	19,548	18,389

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Net income	$ 45,548	$ 33,422	$ 23,557
Other comprehensive income:
Foreign currency translation adjustment	(5,597)	7,233	(3,202)
Defined benefit pension plans, net of tax	(763)	165	(296)
Net unrealized gain (loss) on investments and derivatives	(73)	717	(1,601)
Reclassification of net realized loss on investments and derivatives		1,027	523
Other comprehensive income (loss)	(6,433)	9,142	(4,576)
Comprehensive income	$ 39,115	$ 42,564	$ 18,981

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References+ Details

- Definition

Net of tax and reclassification adjustments amount of the increase (decrease) in accumulated other comprehensive income (loss) related to pension and other postretirement benefit plans, attributable to the parent entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (c)(3)

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

+ Details

- Definition

Amount after tax and reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency, which is attributable to the parent entity.

+ References

+ Details

- Definition

Net of tax amount of other comprehensive income (loss) attributable to the parent entity.

+ References

+ Details

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $) In Thousands, except Share data, unless otherwise specified	Total	Common	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance at Jun. 30, 2009	$ 276,000	$ 225,297	$ 53,124	$ (2,421)
Balance (in shares) at Jun. 30, 2009		17,411,569
Increase (Decrease) in Shareholders' Equity
Exercise of stock options	11,226	11,226
Exercise of stock options (in shares)		660,764
Vesting of restricted shares (in shares)		112,664
Net tax benefit of stock options exercised/forfeited	732	732
Shares issued under employee stock purchase program	1,760	1,760
Shares issued under employee stock purchase program (in shares)		141,136
Stock compensation expense	5,011	5,011
Net income	23,557		23,557
Other comprehensive income (loss)	(4,576)			(4,576)
Balance at Jun. 30, 2010	313,710	244,026	76,681	(6,997)
Balance (in shares) at Jun. 30, 2010		18,326,133
Increase (Decrease) in Shareholders' Equity
Exercise of stock options	12,988	12,988
Exercise of stock options (in shares)		719,515
Vesting of restricted shares (in shares)		161,124
Net tax benefit of stock options exercised/forfeited	4,862	4,862
Shares issued under employee stock purchase program	1,973	1,973
Shares issued under employee stock purchase program (in shares)		142,671
Shares issued-exercise of warrants	4,679	4,679
Shares issued-exercise of warrants (in shares)		216,018
Stock compensation expense	5,789	5,789
Repurchase of common stock	(2,218)	(2,218)
Repurchase of common stock (in shares)	(58,396)	(58,396)
Other	453	453
Net income	33,422		33,422
Other comprehensive income (loss)	9,142			9,142
Balance at Jun. 30, 2011	384,800	272,552	110,103	2,145
Balance (in shares) at Jun. 30, 2011	19,507,065	19,507,065
Increase (Decrease) in Shareholders' Equity
Exercise of stock options	2,492	2,492
Exercise of stock options (in shares)		140,385
Vesting of restricted shares (in shares)		208,376
Net tax benefit of stock options exercised/forfeited	3,187	3,187
Shares issued under employee stock purchase program	2,391	2,391
Shares issued under employee stock purchase program (in shares)		82,752
Stock compensation expense	8,530	8,530
Repurchase of common stock	(6,396)	(6,396)
Repurchase of common stock (in shares)	(67,037)	(117,514)
Net income	45,548		45,548
Other comprehensive income (loss)	(6,433)			(6,433)
Balance at Jun. 30, 2012	$ 434,119	$ 282,756	$ 155,651	$ (4,288)
Balance (in shares) at Jun. 30, 2012	19,821,064	19,821,064

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 45,548	$ 33,422	$ 23,557
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	20,199	18,529	18,561
Stock based compensation expense	8,530	5,789	5,011
Provision for losses on accounts receivable	417	1,844	291
Equity in earnings of unconsolidated affiliates	(350)	(552)	(402)
Tax benefit of share based compensation plan	3,187	4,862	732
Deferred income taxes	(941)	4,806	2,714
Other	126	191	289
Changes in operating assets and liabilities-net of business acquisitions:
Accounts receivable	(17,445)	(3,066)	(23,373)
Inventories	(24,525)	(39,700)	19,898
Prepaid expenses and other current assets	(5,535)	(7,276)	(4,213)
Accounts payable	(12,925)	14,401	(5,375)
Accrued payroll and related expenses	2,093	(249)	4,865
Advances from customers	99,025	(1,477)	14,145
Accrued warranties	3,126	3,051	1,065
Deferred revenue	8,279	8,066	(1,087)
Other accrued expenses and current liabilities	(8,246)	(2,502)	(4,528)
Net cash provided by operating activities	120,563	40,139	52,150
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property and equipment	(68,490)	(13,392)	(18,050)
Acquisition of businesses, net of cash acquired	(7,989)	(6,311)	(3,241)
Acquisition of intangible and other assets	(4,703)	(4,306)	(3,103)
Net cash used in investing activities	(81,182)	(24,009)	(24,394)
CASH FLOWS FROM FINANCING ACTIVITIES
Net repayments of bank lines of credit			(4,000)
Payments on long-term debt	(217)	(32,602)	(11,349)
Payments of capital lease obligations		(710)	(644)
Proceeds from exercise of stock options, warrants and employee stock purchase plan	4,883	19,640	12,986
Repurchase of common shares	(6,396)	(2,218)
Net cash used in financing activities	(1,730)	(15,890)	(3,007)
Effect of exchange rate changes on cash	(1,818)	3,390	2,068
Net increase in cash and cash equivalents	35,833	3,630	26,817
Cash and cash equivalents-beginning of year	55,619	51,989	25,172
Cash and cash equivalents-end of year	91,452	55,619	51,989
Supplemental disclosure of cash flow information:
Interest	3,168	1,626	2,758
Income taxes	$ 7,150	$ 6,244	$ 7,588

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jun. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Description of Business—OSI Systems, Inc., together with its subsidiaries (the "Company"), is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products in diversified markets, including homeland security, healthcare, defense and aerospace.

The Company has three operating divisions: (i) Security, providing security inspection systems, turnkey security screening solutions and related services; (ii) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems, and related services and (iii) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for the Security and Healthcare divisions as well as to external original equipment manufacturing clients for applications in the defense, aerospace, medical and industrial markets, among others.

Through its Security division, the Company designs, manufactures, markets and services security and inspection systems and provides turnkey security screening solutions. The Security division's products are used to inspect baggage, cargo, vehicles and other objects for weapons, explosives, drugs and other contraband and to screen people. These products and services are also used for the safe, accurate and efficient verification of cargo manifests for the purpose of assessing duties and monitoring the export and import of controlled materials.

Through its Healthcare division, the Company designs, manufactures, markets and services patient monitoring, diagnostic cardiology and anesthesia delivery and ventilation systems worldwide primarily under the "Spacelabs" trade name. These products are used by care providers in critical care, emergency and perioperative areas within hospitals as well as physicians' offices, medical clinics and ambulatory surgery centers.

Through its Optoelectronics and Manufacturing division, the Company designs, manufactures and markets optoelectronic devices and provides electronics manufacturing services worldwide for use in a broad range of applications, including aerospace and defense electronics, security and inspection systems, medical imaging and diagnostic products, telecommunications, test and measurement devices, industrial automation systems, automotive diagnostic products and renewable energy technologies. This division provides products and services to original equipment manufacturers and end users as well as to the Company's own Security and Healthcare divisions.

Consolidation—The Consolidated Financial Statements include the accounts of OSI Systems, Inc. and its wholly-owned and majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Investments in joint ventures over which the Company has significant influence but does not have voting control are accounted for using the equity method. Investments over which the Company does not have significant influence are accounted for using the cost method.

Use of Estimates—The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash Equivalents—The Company considers all highly liquid investments purchased with maturities of approximately three months or less as of the acquisition date to be cash equivalents.

Components of cash and cash equivalents consisted of:

	June 30,

	2011		2012
Cash in bank	$	55,575	$	47,402
Money market		44		34,063
Commercial paper		—		9,987

Total	$	55,619	$	91,452

Allowance for Doubtful Accounts—The allowance for doubtful accounts involves estimates based on management's judgment, review of individual receivables and analysis of historical bad debts. The Company monitors collections and payments from its customers and maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. If the financial condition of the Company's customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

Inventories—Inventories are generally stated at the lower of cost (first-in, first-out) or market. The Company writes down inventory for slow-moving and obsolete inventory based on assessments of future demands, market conditions and customers who may be experiencing financial difficulties. If these factors are less favorable than those projected, additional inventory write-downs may be required.

Property and Equipment—Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. Amortization of leasehold improvements is calculated on the straight-line basis over the shorter of the useful life of the asset or the lease term. Leased capital assets are included in property and equipment. Amortization of property and equipment under capital leases is included with depreciation expense.

Goodwill and Other Intangible Assets and Valuation of Long-Lived Assets —Goodwill represents the excess purchase price of net tangible and intangible assets acquired in business combinations over their estimated fair value. Goodwill is allocated to the Company's segments based on the nature of the product line of the acquired business. The carrying value of goodwill is not amortized, but is annually tested for impairment during the Company's second quarter and more often if there is an indicator of impairment. Intangible assets other than goodwill are amortized over their useful lives unless these lives are determined to be indefinite. The Company assesses qualitative factors of each of its reporting units to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. Such assessments indicated that it is not more likely than not that the fair value of each reporting unit is less than its carrying amount, including goodwill. Thus, the Company has determined that it is not necessary to proceed with the two-step goodwill impairment test. There was no goodwill impairment for each of three fiscal years ended June 30, 2012.

The Company evaluates long-lived assets with finite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. An impairment is considered to exist if the total estimated future cash flows on an undiscounted basis are less than the carrying amount of the assets. If impairment does exist, the Company measures the impairment loss and records it based on the discounted estimate of future cash flows. In estimating future cash flows, the Company groups assets at the lowest level for which there are identifiable cash flows that are largely independent of the cash flows from other asset groups. The Company's estimate of future cash flows is based upon, among other things, certain assumptions about expected future operating performance, growth rates and other factors.

Income Taxes—Deferred income taxes are provided for temporary differences between the financial statement and income tax basis of the Company's assets and liabilities, based on enacted tax rates. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. Income tax accounting standards prescribe a two-step process for the financial statement measurement and recognition of a tax position taken or expected to be taken in a tax return. The first step involves the determination of whether it is more likely than not (greater than 50 percent likelihood) that a tax position will be sustained upon examination, based on the technical merits of the position. The second step requires that any tax position that meets the more-likely-than-not recognition threshold be measured and recognized in the financial statements at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The income tax accounting standards also provide guidance on the accounting for related interest and penalties, financial statement classification and disclosure. The cumulative effect of applying these standards is to be reported as an adjustment to the opening balance of retained earnings in the period of adoption. See Note 8 for additional information.

Fair Value of Financial Instruments—The Company's financial instruments consist primarily of cash, marketable securities, accounts receivable, accounts payable and debt instruments. The carrying values of financial instruments, other than debt instruments, are representative of their fair values due to their short-term maturities. The carrying values of the Company's long-term debt instruments are considered to approximate their fair values because the interest rates of these instruments are variable or comparable to current rates offered to the Company.

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company has determined that all of its marketable securities fall into the "Level 1" category, which values assets at the quoted prices in active markets for identical assets; while the Company's derivative instruments fall into the "Level 2" category, which values assets and liabilities from observable inputs other than quoted market prices. There were no assets or liabilities where "Level 3" valuation techniques were used, and there were no assets and liabilities measured at fair value on a non-recurring basis.

The fair values of such assets (liabilities) were:

	June 30,

	2011			2012
Level 1	$	8,115		$	10,955
Level 2		(187	)		13

Total	$	7,928		$	10,968

Derivative Instruments and Hedging Activity—The Company's use of derivatives consists primarily of foreign exchange contracts. As of June 30, 2012, the Company had outstanding foreign currency forward contracts of approximately $6.2 million. These contracts do not meet the criteria as an effective cash flow hedge. Therefore, the net gain (loss) is reported in Interest expense and other income, net in the Consolidated Statement of Operations.

Revenue Recognition—The Company recognizes revenue upon shipment of products when title and risk of loss passes, and when terms are fixed and collection is probable. The portion of revenue for the sale attributable to installation is deferred and recognized when the installation service is provided. In an instance where terms of sale include subjective customer acceptance criteria, revenue is deferred until we have achieved the acceptance criteria. Concurrent with the shipment of the product, the Company accrues estimated product return reserves and warranty expenses. Critical judgments made by management related to revenue recognition include the determination of whether or not customer acceptance criteria are perfunctory or inconsequential. The determination of whether or not customer acceptance terms are perfunctory or inconsequential impacts the amount and timing of revenue recognized. Critical judgments also include estimates of warranty reserves, which are established based on historical experience and knowledge of the product under warranty.

Revenues from out-of-warranty service maintenance contracts are recognized ratably over the term of such contract. For services not derived from specific maintenance contracts, revenues are recognized as the services are performed. Deferred revenue for such services arises from payments received from customers for services not yet performed.

On occasion, the Company receives advances from customers that are amortized against future customer payments pursuant to the underlying agreements. Such advances are classified in the Consolidated Balance Sheets as either a current or long-term liability dependent upon when the Company estimates the corresponding amortization to occur.

Freight—The Company records shipping and handling fees it charges to its customers as revenue and related costs as cost of goods sold.

Research and Development Costs—Research and development costs are those costs related to the development of a new product, process or service, or significant improvement to an existing product, process or service. Such costs are charged to operations as incurred.

Stock-Based Compensation—Stock-based compensation cost is measured at the grant date based on the estimated fair value of the award and is recognized as expense over the employee's requisite service period for all stock-based awards granted or modified. Certain shares of restricted stock vest based on the achievement of pre-established performance goals. The Company amortizes the fair value of performance-based shares over the requisite service period for each separate vesting tranche of the award. See Note 7 to the Consolidated Financial Statements.

Restructuring and Other Charges—The Company consolidates processes and facilities of its subsidiaries to better align with demand by its customers and thereby improve its operational efficiencies. The associated charges, including reducing workforce and capacity, are recognized as restructuring charges in the Consolidated Financial Statements. During fiscal years 2010, 2011 and 2012, the Company consolidated manufacturing and administrative processes and facilities of certain businesses that resulted in pre-tax restructuring charges of $2.9 million, $3.4 million and $1.4 million, respectively. See Note 5 for additional information about these restructuring charges.

Concentrations of Credit Risk—Financial instruments that are potentially subject to concentrations of credit risk consist primarily of cash, cash equivalents, marketable securities and accounts receivable. The Company restricts investments in cash equivalents to financial institutions with high credit standing. Credit risk on accounts receivable is minimized as a result of the large and diverse nature of the Company's worldwide customer base. No individual customer accounted for more than 10% of accounts receivable as of June 30, 2011 or 2012. During fiscal 2012, one customer exceeded 10% of revenues; while no individual customer accounted for more than 10% of revenues for the years ended June 30, 2010 or 2011. The Company performs ongoing credit evaluations of its customers' financial condition and maintains allowances for potential credit losses.

Foreign Currency Translation—The Company transacts business in various foreign currencies. In countries where the functional currency of the underlying operations has been determined to be the local country's currency, revenues and expenses of operations outside the United States are translated into United States dollars using average exchange rates while assets and liabilities of operations outside the United States are translated into United States dollars using year-end exchange rates. The effects of foreign currency translation adjustments are included in stockholders' equity as a component of accumulated other comprehensive income in the accompanying consolidated balance sheets. Transaction gains and losses, which were included in our consolidated statement of operations, amounted to a gain (loss) of approximately $(3.2) million, ($2.0) million and $0.4 million for the fiscal years ended June 30, 2010, 2011 and 2012, respectively.

Business Combinations—During the normal course of business the Company makes acquisitions. In the event that an individual acquisition (or an aggregate of acquisitions) is material, appropriate disclosure of such acquisition activity is provided. The acquisition method of accounting for business combinations requires us to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which we may adjust the provisional amounts recognized for a business combination) in a manner that is generally similar to the previous purchase method of accounting.

Under the acquisition method of accounting we recognize separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. We measure goodwill as of the acquisition date as the excess of consideration transferred, which we also measure at fair value, over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. Costs that we incur to complete the business combination such as investment banking, legal and other professional fees are not considered part of consideration and we charge them to general and administrative expense as they are incurred. Under the acquisition method we also account for acquired company restructuring activities that we initiate separately from the business combination. Should the initial accounting for a business combination be incomplete by the end of a reporting period that falls within the measurement period, we report provisional amounts in our financial statements. During the measurement period, we adjust the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date and we record those adjustments to our financial statements. We apply those measurement period adjustments that we determine to be significant retrospectively to comparative information in our financial statements, including adjustments to depreciation and amortization expense.

Earnings per Share—Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income available to common stockholders by the sum of the weighted average number of common and dilutive potential common shares outstanding. Potential common shares consist of the shares issuable upon the exercise of stock options or warrants under the treasury stock method.

The following table sets forth the computation of basic and diluted earnings per share for the fiscal years ended June 30 (in thousands, except earnings per share data):

	2010		2011		2012

Net income available to common stockholders	$	23,557	$	33,422	$	45,548

Weighted average shares outstanding—basic		17,874		18,843		19,732
Dilutive effect of stock options and warrants		515		705		598

Weighted average of shares outstanding—diluted		18,389		19,548		20,330

Basic earnings per share	$	1.32	$	1.77	$	2.31

Diluted earnings per share	$	1.28	$	1.71	$	2.24

As of June 30, 2010 approximately 0.4 million of potentially dilutive shares associated with stock options and stock warrants were not included in diluted earnings per common share calculations because to do so would have been antidilutive. There were no such shares that were antidilutive for the fiscal years ending on June 30, 2011 and June 30, 2012.

Provision for Warranties—The Company offers its customers warranties on most products that it sells. These warranties typically provide for repairs for a specified time period. Concurrent with the sale of products, a provision for estimated warranty expenses is recorded with a corresponding increase in cost of goods sold. This provision is adjusted periodically based on historical experience and anticipated expenses. Actual expenses of repairs under warranty, including parts and labor, are charged to this provision when incurred.

	Provision for Warranties (in thousands)

Balance on June 30, 2009	$	10,106
Additions		6,653
Reductions for warranty repair costs		(5,829	)

Balance on June 30, 2010	$	10,930
Additions		9,175
Reductions for warranty repair costs		(5,575	)

Balance on June 30, 2011	$	14,530
Additions		8,620
Reductions for warranty repair costs		(5,588	)

Balance on June 30, 2012	$	17,562

Recent Accounting Updates Not Yet Adopted—In December 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No 2011-11, Disclosures about Offsetting Assets and Liabilities, which is intended to facilitate comparison between entities reporting under U.S. GAAP and IFRS in disclosing derivatives, sale and repurchase agreements and reverse sale and repurchase agreements, and securities borrowing and securities lending arrangements. Both the gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement are required to be disclosed. The ASU is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. The Company has not yet adopted this update and is currently evaluating the impact it may have on its financial disclosures.

In December 2011, the FASB issued ASU No 2011-12, Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05, which defers the effective date pertaining to reclassification adjustments out of accumulated other comprehensive income in ASU No. 2011-05, Presentation of Comprehensive Income. The ASU is effective for at the same time as the amendments in ASU No. 2011-05. The Company early adopted ASU No. 2011-05 and will await the outcome from the FASB's further evaluation of the reclassification presentation treatment.

INVENTORIES

12 Months Ended

Jun. 30, 2012

INVENTORIES

INVENTORIES

2. INVENTORIES

Net inventory consisted of the following (in thousands):

	June 30,

	2011		2012
Raw materials	$	92,373	$	103,747
Work-in-process		37,202		28,096
Finished goods		40,059		63,335

Total	$	169,634	$	195,178

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2012

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

3. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following (in thousands):

		June 30,

	Estimated Useful Lives	June 30,
	Estimated Useful Lives	2011			2012
Land	N/A	$	5,296		$	5,193
Buildings	20 years		9,638			13,597
Leasehold improvements	1-20 years		12,989			12,385
Equipment and tooling	3-10 years		72,104			74,789
Furniture and fixtures	3-13 years		4,431			3,982
Computer equipment	3-5 years		14,034			13,937
Computer software 3-10 years	3-10 years		14,618			15,245
Construction in process	N/A		—			52,269

Total			133,110			191,397
Less accumulated depreciation and amortization			(78,093	)		(79,733	)

Property and equipment, net		$	55,017		$	111,664

During fiscal 2010, 2011 and 2012, depreciation expense was approximately $14.4 million, $14.2 million and $15.5 million, respectively. There were no assets under capital leases as of June 30, 2011 or June 30, 2012.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2012

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

4. GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying amount of goodwill for fiscal 2011 and 2012 are as follows (in thousands):

	Security Group			Healthcare Group			Optoelectronics and Manufacturing Group			Consolidated

Balance as of June 30, 2010	$	16,566		$	35,403		$	11,972		$	63,941
Goodwill acquired during the period		3,863			—			1,654			5,517
Foreign currency translation adjustment		611			209			14			834

Balance as of June 30, 2011	$	21,040		$	35,612		$	13,640		$	70,292
Goodwill acquired or adjusted during the period		7,106			374			5,063			12,543
Foreign currency translation adjustment		(563	)		(99	)		(24	)		(686	)

Balance as of June 30, 2012	$	27,583		$	35,887		$	18,679		$	82,149

Intangible assets subject to amortization consisted of the following (in thousands):

		June 30, 2011						June 30, 2012

	Weighted Average Lives	Gross Carrying Value		Accumulated Amortization		Intangibles Net		Gross Carrying Value		Accumulated Amortization		Intangibles Net
Amortizable assets:
Software development costs	5 years	$	13,090	$	3,807	$	9,283	$	15,175	$	4,140	$	11,035
Patents	15 years		2,975		449		2,526		4,259		526		3,733
Core technology	10 years		2,151		1,376		775		2,093		1,548		545
Developed technology	12 years		18,823		10,718		8,105		20,022		12,560		7,462
Customer relationships/backlog	7 years		10,411		6,824		3,587		11,955		7,611		4,344

Total amortizable assets			47,450		23,174		24,276		53,504		26,385		27,119
Non-amortizable assets:
Trademarks			9,431		—		9,431		10,623		—		10,623

Total intangible assets		$	56,881	$	23,174	$	33,707	$	64,127	$	26,385	$	37,742

Amortization expense for fiscal 2010, 2011 and 2012 was $4.1 million, $4.3 million and $4.7 million, respectively. Future acquisitions could cause these amounts to increase. At June 30, 2012, estimated future amortization expense was as follows (in thousands):


2013	$	4,728
2014		3,541
2015		2,135
2016		1,993
2017		1,732
2018 and thereafter		12,990

Total	$	27,119

Software development costs for software products incurred before establishing technological feasibility are charged to operations. Software development costs incurred after establishing technological feasibility are capitalized on a product-by-product basis until the product is available for general release to customers at which time amortization begins. Annual amortization, charged to cost of goods sold, is the greater of (i) the amount computed using the ratio that current gross revenues for a product bear to the total current and anticipated future gross revenues for that product and (ii) the straight-line method over the remaining estimated economic life of the product. During fiscal 2010, 2011 and 2012, the Company capitalized software development costs in the amount of $2.1 million, $1.2 million and $2.1 million, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details

RESTRUCTURING AND OTHER CHARGES

12 Months Ended

Jun. 30, 2012

RESTRUCTURING AND OTHER CHARGES

RESTRUCTURING AND OTHER CHARGES

5. RESTRUCTURING AND OTHER CHARGES

In response to challenging worldwide economic conditions, the Company continued to optimize its cost structure by reducing excess workforce and facilities and consolidating and relocating certain manufacturing facilities. Such efforts resulted in restructuring charges of $2.9 million in 2010, $3.4 million in 2011 and $1.4 million in 2012. The restructuring accruals are included in other accrued expenses and current liabilities in the Consolidated Balance Sheets. The following table analyzes the key components of these restructuring and other charges throughout fiscal 2010, 2011 and 2012:

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate		Consolidated

Accrued balance as of June 30, 2009	$	698	$	78	$	199	$	2,160	$	3,135
Expensed during the year
Facility closure		509		89		559		—		1,157
Employee termination costs		6		1,210		396		90		1,702

Total expensed during year		515		1,299		955		90		2,859
Paid during the year		750		644		854		2,250		4,498

Accrued balance as of June 30, 2010	$	463	$	733	$	300	$	—	$	1,496

Expensed during the year
Employee termination costs		595		1,059		43		535		2,232
Debt restructuring		—		449		—		743		1,192

Total expensed during the year		595		1,508		43		1,278		3,424
Paid during the year		593		2,062		239		1,250		4,144

Accrued balance as of June 30, 2011	$	465	$	179	$	104	$	28	$	776

Expensed during the year
Facility closure		—		—		233		—		233
Employee termination costs		290		170		698		—		1,158

Total expensed during the year		290		170		931		—		1,391
Paid during the year		458		179		1,029		19		1,685

Accrued balance as of June 30, 2012	$	297	$	170	$	6	$	9	$	482

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details

LINE-OF-CREDIT BORROWINGS AND DEBT

12 Months Ended

Jun. 30, 2012

LINE-OF-CREDIT BORROWINGS AND DEBT

LINE-OF-CREDIT BORROWINGS AND DEBT

6. LINE-OF-CREDIT BORROWINGS AND DEBT

The Company has a $425 million credit agreement, as amended, maturing November 2016. The credit agreement consists of a $425 million revolving credit facility, including a $375 million sub-limit for letters of credit. The Company has the ability to increase the facility by $100 million under certain circumstances. Borrowings under this facility bear interest at the London Interbank Offered Rate (LIBOR) plus a margin of 1.5% as of June 30, 2012. This margin is determined by the Company's consolidated leverage ratio and may range from 1.5% to 2.0%. Letters of credit reduce the amount available to borrow by their face value. The unused portion of the facility bears a commitment fee of 0.25%. The Company's borrowings under the credit agreement are guaranteed by the Company's U.S.-based subsidiaries and are secured by substantially all of the Company's and certain subsidiaries' assets. The agreement contains various representations, warranties, affirmative, negative and financial covenants, and conditions of default customary for financing agreements of this type. As of June 30, 2012, there were no borrowings under the revolving credit facility and letters-of-credit outstanding totaled $179.7 million.

Several of the Company's foreign subsidiaries maintain bank lines-of-credit, denominated in local currencies, to meet short-term working capital requirements and for the issuance of letters-of-credit. As of June 30, 2012, $9.5 million was outstanding under these letter-of-credit facilities, while no debt was outstanding. As of June 30, 2012, the total amount available under these credit facilities was $32.7 million, with a total cash borrowing sub-limit of $4.1 million.

In fiscal 2005, the Company entered into a bank loan of $5.3 million to fund the acquisition of land and buildings in the U.K. The loan is payable over a 20-year period. The loan bears interest at British pound-based LIBOR plus 1.2%, payable on a quarterly basis. As of June 30, 2012, $2.7 million remained outstanding under this loan at an interest rate of 2.0% per annum.

Long-term debt consisted of the following at June 30 (in thousands):

	2011		2012

Twenty-year term loan due in 2024	$	2,977	$	2,682
Less current portion of long-term debt		221		215

Long-term portion of debt	$	2,756	$	2,467

Fiscal year principal payments of long-term debt as of June 30, 2012 are as follows (in thousands):


2013	$	215
2014		215
2015		215
2016		215
2017		215
2018 and thereafter		1,607

Total	$	2,682

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

STOCK-BASED COMPENSATION

12 Months Ended

Jun. 30, 2012

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7. STOCK-BASED COMPENSATION

As of June 30, 2012, the Company maintained one significant stock-based compensation plan—the Amended and Restated 2006 Equity Participation Plan of OSI Systems, Inc. (the "OSI Plan"). The OSI Plan allows for the issuance of restricted stock and the granting of stock options. The Company recorded stock-based-compensation expense in the consolidated statement of operations as follows (in thousands):

	2010		2011		2012

Cost of goods sold	$	287	$	378	$	465
Selling, general and administrative		4,499		5,176		7,811
Research and development		225		235		254

Stock based compensation expense before taxes		5,011		5,789		8,530
Less: Related income tax benefit		1,750		1,994		3,050

Stock based compensation expense, net of estimated taxes	$	3,261	$	3,795	$	5,480

As of June 30, 2012, total unrecognized compensation cost related to non-vested stock-based compensation grants amounted to $2.3 million for stock options and $10.4 million for restricted stock under the OSI Plan. The Company expects to recognize these costs over a weighted-average period of 2.0 years with respect to the options and 2.5 years for grants of restricted stock.

Employee Stock Purchase Plan—The Company has an employee stock purchase plan under which eligible employees may purchase a limited number of shares of Common Stock at a discount of up to 15% of the market value of such stock at pre-determined, plan-defined dates. During the three years ended June 30, 2010, 2011 and 2012, employees purchased 141,136, 142,671 and 82,752 shares, respectively. As of June 30, 2012, there were 1,089,411 shares of the Company's Common Stock available for issuance under the plan.

OSI Plan

Under the OSI Plan, the Company is authorized to grant up to 6,700,000 shares of Common Stock in the form of incentive options, nonqualified options or restricted stock. Under the plan, the exercise price of nonqualified options and incentive stock options may not be less than the fair market value of the Company's Common Stock on the date of grant. The exercise price of nonqualified options and incentive stock options granted to individuals who own more than 10% of the Company's voting stock may not be less than 110% of the fair market value of the Company's Common Stock on the date of grant. Stock options granted under the OSI Plan typically vest over three years based on continued service. Restricted stock typically vests over three to four years based on continued service. Certain shares of restricted stock granted to senior management vest based on the achievement of pre-established performance goals.

No single method of estimating volatility is proper under all circumstances and to the extent that a company can derive implied volatility based on the trading of its financial instruments on a public market, it may be appropriate to use both implied and historical volatility in its assumptions. The Company has certain financial instruments that are publicly traded from which the Company can derive the implied volatility. Therefore, the Company used implied and historical volatility for valuing its stock options. The Company believes that implied and historical volatility is a better indicator of expected volatility because it is generally reflective of both historical volatility and expectations of how future volatility will differ from historical volatility.

The Company determined the fair value of stock options issued during fiscal 2010, 2011 and 2012 as of the date of the grant, using the Black-Scholes option pricing model with the following weighted average assumptions:



Expected dividend	0	%	0	%	0	%
Risk-free interest rate	2.0	%	1.4	%	0.6	%
Expected volatility	39.0	%	40.0	%	35.6	%
Expected life (in years)	4.3		4.3		4.3

The following summarizes stock option activity for fiscal years 2010, 2011 and 2012:

			Weighted- Average Exercise Price			Aggregate Intrinsic Value (in thousands)

Outstanding at June 30, 2009	2,175,863			17.69
Granted	257,500			16.41
Exercised	(660,764	)		16.98
Expired or forfeited	(216,489	)		20.01

Outstanding at June 30, 2010	1,556,110			17.46
Granted	107,140			30.62
Exercised	(719,515	)		18.05
Expired or forfeited	(12,823	)		21.50

Outstanding at June 30, 2011	930,912			18.45

Granted	269,469			35.98
Exercised	(140,385	)		17.75
Expired or forfeited	(599	)		16.72

Outstanding at June 30, 2012	1,059,397			23.01	7.2 years	$	42,729

Exercisable at June 30, 2012	636,227		$	17.61	6.3 years	$	29,092

The per-share weighted-average grant-date fair value of stock options granted under the OSI Plan was $5.64, $10.50 and $10.67 for fiscal 2010, 2011 and 2012, respectively. The total intrinsic value of options exercised during fiscal 2012 was $4.8 million.

Restricted Stock Awards—A summary of restricted stock award activity for the periods indicated was as follows:

			Weighted- Average Fair Value

Nonvested at June 30, 2009	359,691		$	17.07
Granted	247,800			18.20
Vested	(112,665	)		17.99
Forfeited	(15,289	)		17.18

Nonvested at June 30, 2010	479,537		$	17.44
Granted	268,406			29.48
Vested	(161,124	)		18.08
Forfeited	(21,706	)		19.55

Nonvested at June 30, 2011	565,113		$	22.89
Granted	230,597			36.99
Vested	(208,376	)		21.41
Forfeited	(6,866	)		31.10

Nonvested at June 30, 2012	580,468		$	28.93

The per-share weighted average grant-date fair value of restricted stock granted under the OSI Plan was $18.20, $29.48 and $36.99 for fiscal 2010, 2011 and 2012, respectively. The total fair value of shares vested during fiscal 2010, 2011 and 2012 was $2.0 million, $2.9 million and $4.5 million, respectively.

As of June 30, 2012, there were 1,090,876 shares available for grant under the OSI Plan. Under the terms of the OSI Plan, no more than 604,167 of these shares may be granted in the form of restricted stock.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 40

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

INCOME TAXES

12 Months Ended

Jun. 30, 2012

INCOME TAXES

INCOME TAXES

8. INCOME TAXES

The following is a geographical breakdown of income before the provision (benefit) for income taxes (in thousands):

	2010		2011		2012

Pre-tax income:
United States	$	14,888	$	26,855	$	21,335
Foreign		20,108		19,880		40,648

Total pre-tax income	$	34,996	$	46,735	$	61,983

The Company's provision for income taxes consists of the following (in thousands):

	2010			2011		2012

Current:
Federal	$	2,809		$	5,068	$	8,176
State		745			1,040		2,396
Foreign		2,644			2,398		7,320

Total current provision		6,198			8,506		17,892
Deferred:
Federal	$	2,640		$	3,085	$	(3,565	)
State		(374	)		1,192		(554	)
Foreign		2,975			530		2,662

Total deferred provision		5,241			4,807		(1,457	)

Total provision	$	11,439		$	13,313	$	16,435

The exercise of stock options during the fiscal year ended June 30, 2010, 2011 and 2012 resulted in additional tax benefit and has been reflected as an adjustment of income taxes payable and an adjustment of additional paid-in capital. The adjustments recorded were $0.7 million, $4.9 million and $3.2 million for the years ended June 30, 2010, 2011 and 2012, respectively.

As of June 30, 2011 and 2012, the Company's liability for uncertain tax positions was $9.8 million and $8.3 million, respectively. Of the $8.3 million, $7.0 million represents the amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate.

The Company recognizes potential interest and penalties related to income tax matters in income tax expense. As of June 30, 2012, the Company had accrued $1.2 million for interest and penalties, accordingly. The Company's uncertain tax positions are related to tax years that remain subject to examination by the relevant tax authorities. These include fiscal years after 2009 for federal purposes, fiscal years after 2008 for state purposes and fiscal years after 2003 for various foreign jurisdictions. Facts and circumstances could arise that could cause the Company to reduce the liability for unrecognized tax benefits, including, but not limited to, settlement of income tax positions or expiration of statutes of limitation. Since the ultimate resolution of uncertain tax positions depends on many factors and assumptions, the Company is not able to estimate the range of potential changes in the liability for unrecognized tax benefits or the timing of such changes.

A summary of activity of unrecognized tax benefits for fiscal 2010, 2011 and 2012 was as follows (in thousands).


Balance as July 1, 2009	$	5,887
Additions on tax positions for the current year		1,119
Additions on tax positions from prior years		780
Reductions as a result of a lapse of statute of limitations		(456	)
Reduction in tax position from prior year		(453	)

Balance as June 30, 2010	$	6,877
Additions on tax positions for the current year		454
Additions on tax positions from prior years		365
Reduction in tax position from prior year		(327	)

Balance at June 30, 2011	$	7,369
Additions on tax positions for the current year		264
Additions on tax positions from prior years		503
Reduction in tax position from prior year		(1,063	)

Balance at June 30, 2012	$	7,073

The Company does not provide for U.S. income taxes on the undistributed earnings of its foreign subsidiaries as it is the Company's intention to utilize those earnings in the foreign operations for an indefinite period of time. At June 30, 2012, undistributed earnings of the foreign subsidiaries amounted to approximately $197 million. It is not practical to determine the amount of income or withholding tax that would be payable upon the remittance of these earnings.

Deferred income tax assets (liabilities) consisted of the following (in thousands):

	June 30,

	2011			2012
Deferred income tax assets:
R&D tax credit carryforwards	$	4,178		$	3,603
Net operating loss carryforwards		6,075			5,863
Revitalization zone deductions		855			741
Allowance for doubtful accounts		1,355			1,537
Inventory reserve		6,539			7,777
Inventory capitalization		2,219			2,619
Accrued liabilities		5,422			5,005
Deferred compensation		2,438			6,564
Unrecognized tax benefit		1,475			663
Other assets		6,478			7,620

Total deferred income tax assets		37,034			41,992
Valuation allowance		(8,292	)		(8,858	)

Net deferred income tax assets		28,742			33,134

Deferred income tax liabilities:
Depreciation		(2,109	)		(3,036	)
State income taxes		(743	)		(1,076	)
Amortization of intangible assets		(9,403	)		(9,859	)
Other liabilities		—			(1,865	)

Total deferred income tax liabilities		(12,255	)		(15,836	)

Net deferred tax asset	$	16,487		$	17,298

As of June 30, 2012, the Company had state and foreign net operating loss carry forwards of approximately $0.6 million and $21.5 million. In addition, the Company had state tax credit carry forwards, including research and development and revitalization zone credits, of approximately $2.2 million. The Company's state tax credit carry forwards will begin to expire in the tax year ending June 30, 2013. As of June 30, 2012, the Company has a federal research and development tax credit carry forward of approximately $2.2 million and foreign tax credit carry forwards of $1.5 million. The Company's federal credit carry forwards will begin to expire in the tax year ending June 30, 2021.

The Company has established valuation allowances that relate to the net operating loss of certain subsidiaries, foreign tax credits, R&D credits, and revitalization zone credits. During the year ended June 30, 2012, the Company recorded a net aggregated increase of $0.5 million to these valuation allowances. The Company reviews the adequacy of individual valuation allowances and releases such allowances when it is determined that it is more likely than not that the related benefits will be realized.

The consolidated effective income tax rate differs from the federal statutory income tax rate due primarily to the following:

	June 30,

	2010			2011			2012
Provision for income taxes at federal statutory rate		35.0	%		35.0	%		35.0	%
State income taxes and credits—net of federal benefit		0.7			3.1			1.9
Research and development tax credits		(3.2	)		(2.2	)		(0.5	)
Foreign tax credits		(0.6	)		(3.5	)		(0.1	)
Subpart F income		0.6			2.8			0.1
Foreign income subject to tax at other than federal statutory rate		(5.3	)		(9.0	)		(11.0	)
Nondeductible expenses		0.1			0.4			1.3
Change in valuation allowance		1.0			1.1			1.6
Unrecognized tax benefit		1.8			0.2			(1.8	)
Other		2.6			0.6			—

Effective income tax rate		32.7	%		28.5	%		26.5	%

The provision for income taxes consists of provisions for federal, state, and foreign income taxes. The Company operates in an international environment with significant operations in various locations outside the U.S. Accordingly, the consolidated income tax rate is a composite rate reflecting the earnings in the various locations and the applicable rates.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Jun. 30, 2012

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

9. COMMITMENTS AND CONTINGENCIES

The following is a summary of commitments as of June 30, 2012 (in thousands):

	Payments Due by Period

	Total		Less than 1 year		2-3 years		4-5 years		After 5 years
Total debt	$	2,682	$	215	$	430	$	430	$	1,607
Operating leases	$	31,238	$	11,203	$	15,818	$	3,236	$	981
Defined benefit plan obligation	$	8,638	$	209	$	569	$	408	$	7,452

Operating Leases—The Company leases facilities and certain equipment under various operating lease agreements. Certain leases provide for periodic rent increases and may contain escalation clauses and renewal options. Rent expense totaled $10.4 million, $11.3 million and $13.0 million for fiscal years 2010, 2011 and 2012, respectively.

Commitments—Under the terms and conditions of the purchase agreements associated with certain acquisitions, the Company may be obligated to make additional payments based on the achievement by the acquired operations of certain sales or profitability milestones. The maximum amount of such payments under arrangements with contingent consideration caps is $69 million. In addition, one of the purchase agreements the Company entered into requires royalty payments through 2022 based on the license of, or sales of products containing the technology of CXR Limited, a company acquired in 2004. For acquisitions that occurred prior to fiscal year 2010, which were accounted for under Statement of Financial Accounting Standards 141, "Business Combinations," the Company accounts for such contingent payments as an addition to the purchase price of the acquired business. For acquisitions accounted for under Accounting Standards Codification 805, "Business Combinations," ("ASC 805"), the estimated fair value of these obligations is recorded as a liability in the Consolidated Balance Sheets with subsequent revisions reflected in the Consolidated Statements of Operations. As of June 30, 2011 and June 30, 2012, pursuant to ASC 805, $9.2 million and $20.8 million of contingent payment obligations, respectively, are included in other long-term liabilities in the accompanying Consolidated Balance Sheets. During fiscal 2011 and 2012, the fair values of these contingent obligations were revised and resulted in reductions of $1.2 million and $2.2 million, respectively.

Environmental Contingencies—The Company is subject to various environmental laws. The Company's practice is to conduct appropriate environmental investigations for each of its properties in the United States at which the Company manufactures products in order to identify, as of the date of such report, potential areas of environmental concern related to past and present activities or from nearby operations. In certain cases, the Company has conducted further environmental assessments consisting of soil and groundwater testing and other investigations deemed appropriate by independent environmental consultants.

During one investigation, the Company discovered soil and groundwater contamination at its Hawthorne, California facility. The Company filed the requisite reports concerning this problem with the appropriate environmental authorities in fiscal 2001. The Company has not yet received any response to such reports, and no agency action or litigation is presently pending or threatened. The Company's site was previously used by other companies for semiconductor manufacturing similar to that presently conducted on the site by us, and it is not presently known who is responsible for the contamination or, if required, the remediation. The groundwater contamination is a known regional problem, not limited to the Company's premises or its immediate surroundings.

The Company has not accrued for loss contingencies relating to environmental matters because it believes that, although unfavorable outcomes may be possible, they are not considered by the Company's management to be probable and reasonably estimable. If one or more of environmental matters are resolved in a manner adverse to the Company, the impact on the Company's results of operations, financial position and/or liquidity could be material.

Legal Proceedings—The Company is involved in various claims and legal proceedings arising out of the ordinary course of business. In the Company's opinion after consultation with legal counsel, the ultimate disposition of such proceedings is not likely to have a material adverse effect on its financial position, future results of operations or cash flows. The Company has not accrued for loss contingencies relating to such matters because the Company believes that, although unfavorable outcomes in the proceedings may be possible, they are not considered by management to be probable or reasonably estimable. If one or more of these matters are resolved in a manner adverse to the Company, the impact on the Company's results of operations, financial position and/or liquidity could be material.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

STOCKHOLDERS' EQUITY

12 Months Ended

Jun. 30, 2012

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

10. STOCKHOLDERS' EQUITY

Stock Repurchase Program

The Company's Board of Directors has authorized a Common Stock repurchase program. During fiscal 2010, the Company did not repurchase any shares under this program. During fiscal 2011 and 2012, the Company repurchased 58,396 shares and 67,037 shares, respectively, under this program. As of June 30, 2012, 585,772 shares were available for additional repurchase under the program. Upon repurchase, the shares were restored to the status of authorized but unissued shares in the accompanying Consolidated Financial Statements.

Warrants

In June 2004, the Company issued and sold an aggregate of 1,500,000 shares of Common Stock in a private placement to institutional investors and received net proceeds of $31 million. As part of the transaction, the Company issued warrants to purchase 337,500 additional shares of the Company's Common Stock at an exercise price of $27.73 per share exercisable at any time, in full or part, expiring on June 1, 2011. These warrants were exercised in fiscal 2011 and the Company received $4.7 million in proceeds from warrant holders that paid cash. As permitted under the terms of the agreement, certain warrants were tendered for cashless exercise.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Article 4

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section B

-Paragraph 7, 11A

-Chapter 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 22: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 23: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph d

-Article 4

+ Details

RELATED PARTY TRANSACTIONS

12 Months Ended

Jun. 30, 2012

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS

11. RELATED-PARTY TRANSACTIONS

In 1994, the Company, together with an unrelated company, formed ECIL-Rapiscan Security Products Limited, a joint venture organized under the laws of India. The Company owns a 36% interest in the joint venture, the Company's Chairman and Chief Executive Officer owns a 10.5% interest, and the Company's Executive Vice President and President of the Company's Security division owns a 4.5% ownership interest. The Company's initial investment was approximately $0.1 million. For the years ended June 30, 2010, 2011 and 2012, the Company's equity earnings in the joint venture were approximately $0.4 million, $0.6 million and $0.4 million, respectively. The Company, its Chairman and Chief Executive Officer and the Company's Executive Vice President and President of the Company's Security division collectively control less than 50% of the board of directors voting power in the joint venture. As a result, the Company accounts for the investment under the equity method of accounting. The joint venture was formed for the purpose of the manufacture, assembly, service and testing of security and inspection systems and other products. Some of the Company's subsidiaries are suppliers to the joint venture partner, which in turn manufactures and sells the resulting products. Sales to the joint venture partner for fiscal 2010, 2011 and 2012 were approximately $4.4 million, $7.1 million and $5.8 million, respectively. Receivables from the joint venture were $2.2 million and $1.5 million as of June 30, 2011 and 2012, respectively.

The Company has contracted with entities owned by its Chief Executive Officer and/or his family members to provide messenger service, auto rental and printing services. Such expenses for 2010, 2011 and 2012 were approximately $64,000, $60,000 and $65,000 for messenger services and auto rental and $60,000, $31,000 and $14,000 for printing services, respectively. Further, a subsidiary of the Company is leasing warehouse space on a month-to-month basis for approximately $3,000 per month from an entity controlled by its Chief Executive Officer.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph b

-Article 3A

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

EMPLOYEE BENEFIT PLANS

12 Months Ended

Jun. 30, 2012

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

12. EMPLOYEE BENEFIT PLANS

Employee Retirement Savings Plans

The Company has various qualified employee retirement savings plans. Participants can contribute certain amounts to the plans and the Company matches a certain portion of employee contributions. The Company contributed approximately $3.4 million, $3.6 million and $3.9 million to the plans for the fiscal years ended June 30, 2010, 2011 and 2012, respectively.

Deferred Compensation Plan

The Company has a deferred compensation plan, which meets the requirements for deferred compensation under Section 409A of the Internal Revenue Code. The plan provides that selected employees are eligible to defer up to 80% of their salaries and up to 100% of their bonuses. The Company may also make employer contributions to participant accounts in certain circumstances. The benefits under this plan are unsecured. Participants are generally eligible to receive payment of their vested benefit at the end of their elected deferral period or after termination of their employment for any reason or at a later date to comply with the restrictions of Section 409A. Discretionary Company contributions and the related earnings are subject to a vesting schedule dependent upon years of service to the Company and, also, vest completely upon the participant's disability, death or a change of control. The Company made contributions of $0.5 million, $0.9 million and $0.7 million during fiscal year 2010, 2011 and 2012, respectively. As of June 30, 2012, the Company held assets of $8.2 million and liabilities of $7.9 million. Assets related to this plan are included in other assets and liabilities related to this plan are included in other long-term liabilities in the Consolidated Balance Sheets. The plan liabilities include accrued employer contributions not yet funded to the plan.

Employee Pension Plans

The Company sponsors a number of qualified and nonqualified pension plans for its employees at certain locations. In accordance with accounting standards for employee pension and postretirement benefits, the Company fully recognizes the overfunded or underfunded status of each of its defined benefit plans as an asset or liability in the Consolidated Balance Sheets. The asset or liability equals the difference between the fair value of the plans' assets and their benefit obligations. The liabilities associated with underfunded plans are classified as noncurrent, except to the extent the fair value of the plans' assets is less than the plans' estimated benefit payments over the next 12 months. The Company measures its pension and postretirement benefit plans' assets and benefit obligations as of June 30.

The following provides a reconciliation of the changes in the plans' benefit obligations and fair value of assets for fiscal years 2011 and 2012, and a statement of the funded status as of June 30, 2011 and 2012 (in thousands):

	2011			2012

Change in Benefit Obligation
Benefit obligation at beginning of year	$	9,365		$	10,326
Translation adjustment		659			(428	)
Service costs		41			54
Interest costs		497			487
Curtailment / plan amendment		—			1,794
Plan participants' contributions		(131	)		—
Actuarial loss		184			(225	)
Benefits paid		(289	)		(250	)

Benefit obligation at end of year		10,326			11,758

Change in Plan Assets
Fair value of plan assets at beginning of year		5,254			6,066
Translation adjustment		554			(336	)
Actual return on plan assets		543			158
Company contributions		275			327
Plan participants' contributions		(195	)		—
Benefits paid		(365	)		(185	)

Fair value of plan assets at end of year		6,066			6,030

Funded status		(4,260	)		(5,728	)
Unrecognized net actuarial loss		—			—

Net amount recognized	$	(4,260	)	$	(5,728	)

Amount recognized in Consolidated Balance Sheets consist of:
Investments	$	250		$	315
Accrued pension liability		(4,510	)		(6,043	)
Accumulated other comprehensive income		2,770			3,883

The following table provides the net periodic benefit costs for each of the fiscal years ended June 30, (in thousands):

	2010			2011			2012

Net Periodic Benefit Costs
Service costs	$	49		$	41		$	54
Interest costs		464			458			487
Expected return on plan assets		(306	)		(352	)		(359	)
Amortization of prior service costs		258			335			335
Recognized actuarial loss		284			310			109
Curtailment		(14	)		—			—

Net periodic benefit cost	$	735		$	792		$	626

Plan Assumptions



Weighted average assumptions at year-end:
Discount rate	5.2	%	5.4	%
Expected return on plan assets	6.0	%	5.8	%
Rate of compensation increase	2.5	%	2.2	%

The long term return on assets has been derived from the weighted average of assumed returns on each of the major asset categories. The weighted average is based on the actual proportion of each major asset class held, rather than a benchmark portfolio of assets. The expected returns for each major asset class have been derived from a combination of both historical market returns and current market data as well as the views of a range of investment managers.

Plan Assets and Investment Policy

	Fiscal year ended June 30, 2011						Fiscal year ended June 30, 2012

	Proportion of Fair Value			Expected Rate of Return			Proportion of Fair Value			Expected Rate of Return
Equity securities		75	%		7	%		49	%		8	%
Debt securities		20	%		4	%		41	%		2	%
Other		5	%		1	%		10	%		10	%

Combined		100	%		6.0	%		100	%		5.8	%

The defined benefit plans' assets are invested in a range of pooled investment funds that provide access to a diverse range of asset classes. The investment objective is to maximize the investment return over the long term without exposing the fund to an unnecessary level of risk. Within this objective, it is recognized that benefits will be secured by the purchase of annuities at the time of employee retirement.

The benchmark is to hold assets in both equity and debt securities. The proportion in each investment class is not mandated and is allowed to fluctuate with market movements. The equity holdings are maintained in balanced funds under the control of investment managers.

Day-to-day equities selection decisions are delegated to investment managers, although these are monitored against performance and risk targets. Due to the nature of the pooled funds, there are no significant holdings in any single company (greater than 5% of the total assets). The investment strategy is reviewed on a regular basis, based on the results of the liability studies.

Projected Benefit Payments

The following table reflects estimated benefits payments, based upon the same assumptions used to measure the benefit obligation and net pension cost, as of June 30, 2012 (in thousands):

		Pension Benefits

July 1, 2012 to June 30, 2013			209
July 1, 2013 to June 30, 2014			363
July 1, 2014 to June 30, 2015			206
July 1, 2015 to June 30, 2016			201
July 1, 2016 to June 30, 2017			207
July 1, 2017 to June 30, 2022			7,452

Company Contribution

Currently, the Company's weighted average contribution rate is 9% of pensionable salaries. If Company contributions continue at the current rate, the estimated total Company contributions for fiscal 2013 will be approximately $0.3 million.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7, 21, 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Implementation Guide (Q and A)

-Number FAS88

-Paragraph 63

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 03-2

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph q

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS106-2

-Paragraph 20, 21, 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 30

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 8

-Subparagraph m

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-URI http://asc.fasb.org/topic&trid=2235017

+ Details

SEGMENT INFORMATION

12 Months Ended

Jun. 30, 2012

SEGMENT INFORMATION

SEGMENT INFORMATION

13. SEGMENT INFORMATION

The Company has determined that it operates in three identifiable industry segments, (a) security and inspection systems (Security division), (b) medical monitoring and anesthesia systems (Healthcare division) and (c) optoelectronic devices and manufacturing (Optoelectronics and Manufacturing division). The Company also has a corporate segment (Corporate) that includes executive compensation and certain other general and administrative expenses; expenses related to stock issuances; and legal and audit and other professional service fees not allocated to product segments. Both the Security and Healthcare divisions comprise primarily end-product businesses whereas the businesses of the Optoelectronics and Manufacturing division primarily supplies components and subsystems to original equipment manufacturers, including to the Security and Healthcare divisions. Sales between divisions are at transfer prices that approximate market values. All other accounting policies of the segments are the same as described in Note 1, Summary of Significant Accounting Policies.

Revenues from one customer of the Company's Security division represent approximately $99.2 million of the Company's consolidated revenues.

The following tables present the operations and identifiable assets by industry segment (in thousands):

	2010

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	251,479	$	206,557	$	137,075	$	—		$	—		$	595,111
Revenue between product segments		—		—		34,162		—			(34,162	)		—

Total revenues	$	251,479	$	206,557	$	171,237	$	—			(34,162	)	$	595,111

Income (loss) from operations	$	23,351	$	13,113	$	11,958	$	(10,878	)	$	(776	)	$	36,768

Segments assets	$	221,019	$	138,739	$	85,170	$	72,731		$	(4,545	)	$	513,114

Capital expenditures	$	12,362	$	2,290	$	2,414	$	1,021		$	—		$	18,087

Depreciation and amortization	$	6,210	$	8,365	$	3,449	$	537		$	—		$	18,561

	2011

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	294,686	$	215,050	$	146,364	$	—		$	—		$	656,100
Revenue between product segments		—		—		46,509		—			(46,509	)		—

Total revenues	$	294,686	$	215,050	$	192,873	$	—			(46,509	)	$	656,100

Income (loss) from operations	$	25,352	$	17,857	$	17,211	$	(11,322	)	$	(1,337	)	$	47,761

Segments assets	$	245,068	$	152,048	$	109,961	$	84,082		$	(6,243	)	$	584,916

Capital expenditures	$	7,038	$	2,983	$	2,267	$	1,104		$	—		$	13,392

Depreciation and amortization	$	6,462	$	7,675	$	3,720	$	672		$	—		$	18,529

	2012

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	391,808	$	235,548	$	165,634	$	—		$	—		$	792,990
Revenue between product segments		—		—		45,169		—			(45,169	)		—

Total revenues	$	391,808	$	235,548	$	210,803	$	—			(45,169	)	$	792,990

Income (loss) from operations	$	30,552	$	28,330	$	18,743	$	(11,887	)	$	202		$	65,940

Segments assets	$	351,668	$	162,583	$	132,281	$	109,405		$	(6,041	)	$	749,896

Capital expenditures	$	56,848	$	5,158	$	4,552	$	1,932		$	—		$	68,490

Depreciation and amortization	$	7,819	$	7,640	$	3,876	$	864		$	—		$	20,199

The following tables present the revenues and identifiable assets by geographical area (in thousands):

	2010

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	418,808	$	126,450	$	49,853	$	—		$	595,111
Revenue between product segments		23,204		—		10,958		(34,162	)		—

Total revenue	$	442,012	$	126,450	$	60,811	$	(34,162	)	$	595,111

Long-lived assets	$	125,485	$	23,555	$	11,289				$	160,329

	2011

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	457,692	$	124,196	$	74,212	$	—		$	656,100
Revenue between product segments		26,376		—		20,133		(46,509	)		—

Total revenue	$	484,068	$	124,196	$	94,345	$	(46,509	)	$	656,100

Long-lived assets	$	132,110	$	34,351	$	13,838				$	180,299

	2012

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	542,178	$	153,140	$	97,672	$	—		$	792,990
Revenue between product segments		10,446		—		34,723		(45,169	)		—

Total revenue	$	552,624	$	153,140	$	132,395	$	(45,169	)	$	792,990

Long-lived assets	$	220,976	$	32,819	$	14,894				$	268,689

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 32

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

+ Details

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jun. 30, 2012

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
(in thousands)

			Additions

Description	Balance at beginning of period		Charged to costs and expenses		Charged in other accounts		Deductions- Write-offs		Balance at end of period
Balance for doubtful accounts:
Year ended June 30, 2010	$	6,896	$	522	$	—	$	1,412	$	6,006

Year ended June 30, 2011	$	6,006	$	1,844	$	—	$	2,057	$	5,793

Year ended June 30, 2012	$	5,793	$	582	$	—	$	1,321	$	5,054

Balance for warranty reserve:
Year ended June 30, 2010	$	10,106	$	6,653	$	—	$	5,829	$	10,930

Year ended June 30, 2011	$	10,930	$	7,581	$	—	$	3,981	$	14,530

Year ended June 30, 2012	$	14,530	$	8,620	$	—	$	5,588	$	17,562

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Jun. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Description of Business

Consolidation

Use of Estimates

Cash Equivalents

Cash Equivalents—The Company considers all highly liquid investments purchased with maturities of approximately three months or less as of the acquisition date to be cash equivalents.

Components of cash and cash equivalents consisted of:

	June 30,

	2011		2012
Cash in bank	$	55,575	$	47,402
Money market		44		34,063
Commercial paper		—		9,987

Total	$	55,619	$	91,452

Allowance for Doubtful Accounts

Inventories

Property and Equipment

Goodwill and Other Intangible Assets and Valuation of Long-Lived Assets

Income Taxes

Fair Value of Financial Instruments

The fair values of such assets (liabilities) were:

	June 30,

	2011			2012
Level 1	$	8,115		$	10,955
Level 2		(187	)		13

Total	$	7,928		$	10,968

Derivative Instruments and Hedging Activity

Revenue Recognition

Freight

Freight—The Company records shipping and handling fees it charges to its customers as revenue and related costs as cost of goods sold.

Research and Development Costs

Stock-Based Compensation

Restructuring and Other Charges

Concentrations of Credit Risk

Foreign Currency Translation

Business Combinations

Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share for the fiscal years ended June 30 (in thousands, except earnings per share data):

	2010		2011		2012

Net income available to common stockholders	$	23,557	$	33,422	$	45,548

Weighted average shares outstanding—basic		17,874		18,843		19,732
Dilutive effect of stock options and warrants		515		705		598

Weighted average of shares outstanding—diluted		18,389		19,548		20,330

Basic earnings per share	$	1.32	$	1.77	$	2.31

Diluted earnings per share	$	1.28	$	1.71	$	2.24

Provision for Warranties

	Provision for Warranties (in thousands)

Balance on June 30, 2009	$	10,106
Additions		6,653
Reductions for warranty repair costs		(5,829	)

Balance on June 30, 2010	$	10,930
Additions		9,175
Reductions for warranty repair costs		(5,575	)

Balance on June 30, 2011	$	14,530
Additions		8,620
Reductions for warranty repair costs		(5,588	)

Balance on June 30, 2012	$	17,562

Recent Accounting Updates Not Yet Adopted

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of components of cash and cash equivalents

	June 30,

	2011		2012
Cash in bank	$	55,575	$	47,402
Money market		44		34,063
Commercial paper		—		9,987

Total	$	55,619	$	91,452

Schedule of fair value of assets (liabilities)

	June 30,

	2011			2012
Level 1	$	8,115		$	10,955
Level 2		(187	)		13

Total	$	7,928		$	10,968

Schedule of computation of basic and diluted earnings per share

	2010		2011		2012

Net income available to common stockholders	$	23,557	$	33,422	$	45,548

Weighted average shares outstanding—basic		17,874		18,843		19,732
Dilutive effect of stock options and warrants		515		705		598

Weighted average of shares outstanding—diluted		18,389		19,548		20,330

Basic earnings per share	$	1.32	$	1.77	$	2.31

Diluted earnings per share	$	1.28	$	1.71	$	2.24

Schedule of provision of warranties

	Provision for Warranties (in thousands)

Balance on June 30, 2009	$	10,106
Additions		6,653
Reductions for warranty repair costs		(5,829	)

Balance on June 30, 2010	$	10,930
Additions		9,175
Reductions for warranty repair costs		(5,575	)

Balance on June 30, 2011	$	14,530
Additions		8,620
Reductions for warranty repair costs		(5,588	)

Balance on June 30, 2012	$	17,562

PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2012

PROPERTY AND EQUIPMENT

Schedule of property and equipment

		June 30,

	Estimated Useful Lives	June 30,
	Estimated Useful Lives	2011			2012
Land	N/A	$	5,296		$	5,193
Buildings	20 years		9,638			13,597
Leasehold improvements	1-20 years		12,989			12,385
Equipment and tooling	3-10 years		72,104			74,789
Furniture and fixtures	3-13 years		4,431			3,982
Computer equipment	3-5 years		14,034			13,937
Computer software 3-10 years	3-10 years		14,618			15,245
Construction in process	N/A		—			52,269

Total			133,110			191,397
Less accumulated depreciation and amortization			(78,093	)		(79,733	)

Property and equipment, net		$	55,017		$	111,664

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details

GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2012

GOODWILL AND INTANGIBLE ASSETS

Schedule of carrying amount of goodwill

	Security Group			Healthcare Group			Optoelectronics and Manufacturing Group			Consolidated

Balance as of June 30, 2010	$	16,566		$	35,403		$	11,972		$	63,941
Goodwill acquired during the period		3,863			—			1,654			5,517
Foreign currency translation adjustment		611			209			14			834

Balance as of June 30, 2011	$	21,040		$	35,612		$	13,640		$	70,292
Goodwill acquired or adjusted during the period		7,106			374			5,063			12,543
Foreign currency translation adjustment		(563	)		(99	)		(24	)		(686	)

Balance as of June 30, 2012	$	27,583		$	35,887		$	18,679		$	82,149

Schedule of intangible assets

		June 30, 2011						June 30, 2012

	Weighted Average Lives	Gross Carrying Value		Accumulated Amortization		Intangibles Net		Gross Carrying Value		Accumulated Amortization		Intangibles Net
Amortizable assets:
Software development costs	5 years	$	13,090	$	3,807	$	9,283	$	15,175	$	4,140	$	11,035
Patents	15 years		2,975		449		2,526		4,259		526		3,733
Core technology	10 years		2,151		1,376		775		2,093		1,548		545
Developed technology	12 years		18,823		10,718		8,105		20,022		12,560		7,462
Customer relationships/backlog	7 years		10,411		6,824		3,587		11,955		7,611		4,344

Total amortizable assets			47,450		23,174		24,276		53,504		26,385		27,119
Non-amortizable assets:
Trademarks			9,431		—		9,431		10,623		—		10,623

Total intangible assets		$	56,881	$	23,174	$	33,707	$	64,127	$	26,385	$	37,742

Schedule of estimated future amortization expense


2013	$	4,728
2014		3,541
2015		2,135
2016		1,993
2017		1,732
2018 and thereafter		12,990

Total	$	27,119

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References+ Details

RESTRUCTURING AND OTHER CHARGES (Tables)

12 Months Ended

Jun. 30, 2012

RESTRUCTURING AND OTHER CHARGES

Schedule of restructuring and other charges

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate		Consolidated

Accrued balance as of June 30, 2009	$	698	$	78	$	199	$	2,160	$	3,135
Expensed during the year
Facility closure		509		89		559		—		1,157
Employee termination costs		6		1,210		396		90		1,702

Total expensed during year		515		1,299		955		90		2,859
Paid during the year		750		644		854		2,250		4,498

Accrued balance as of June 30, 2010	$	463	$	733	$	300	$	—	$	1,496

Expensed during the year
Employee termination costs		595		1,059		43		535		2,232
Debt restructuring		—		449		—		743		1,192

Total expensed during the year		595		1,508		43		1,278		3,424
Paid during the year		593		2,062		239		1,250		4,144

Accrued balance as of June 30, 2011	$	465	$	179	$	104	$	28	$	776

Expensed during the year
Facility closure		—		—		233		—		233
Employee termination costs		290		170		698		—		1,158

Total expensed during the year		290		170		931		—		1,391
Paid during the year		458		179		1,029		19		1,685

Accrued balance as of June 30, 2012	$	297	$	170	$	6	$	9	$	482

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

LINE-OF-CREDIT BORROWINGS AND DEBT (Tables)

12 Months Ended

Jun. 30, 2012

LINE-OF-CREDIT BORROWINGS AND DEBT

Schedule of long-term debt

	2011		2012

Twenty-year term loan due in 2024	$	2,977	$	2,682
Less current portion of long-term debt		221		215

Long-term portion of debt	$	2,756	$	2,467

Schedule of fiscal year principal payments of long-term debt


2013	$	215
2014		215
2015		215
2016		215
2017		215
2018 and thereafter		1,607

Total	$	2,682

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 470

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2012

STOCK-BASED COMPENSATION

Schedule of stock-based compensation expense recorded in the consolidated statement of operations

	2010		2011		2012

Cost of goods sold	$	287	$	378	$	465
Selling, general and administrative		4,499		5,176		7,811
Research and development		225		235		254

Stock based compensation expense before taxes		5,011		5,789		8,530
Less: Related income tax benefit		1,750		1,994		3,050

Stock based compensation expense, net of estimated taxes	$	3,261	$	3,795	$	5,480

Schedule of weighted average assumptions used to determine the fair value calculations for stock options issued



Expected dividend	0	%	0	%	0	%
Risk-free interest rate	2.0	%	1.4	%	0.6	%
Expected volatility	39.0	%	40.0	%	35.6	%
Expected life (in years)	4.3		4.3		4.3

Summary of stock option activity

			Weighted- Average Exercise Price			Aggregate Intrinsic Value (in thousands)

Outstanding at June 30, 2009	2,175,863			17.69
Granted	257,500			16.41
Exercised	(660,764	)		16.98
Expired or forfeited	(216,489	)		20.01

Outstanding at June 30, 2010	1,556,110			17.46
Granted	107,140			30.62
Exercised	(719,515	)		18.05
Expired or forfeited	(12,823	)		21.50

Outstanding at June 30, 2011	930,912			18.45

Granted	269,469			35.98
Exercised	(140,385	)		17.75
Expired or forfeited	(599	)		16.72

Outstanding at June 30, 2012	1,059,397			23.01	7.2 years	$	42,729

Exercisable at June 30, 2012	636,227		$	17.61	6.3 years	$	29,092

Summary of restricted stock award activity

			Weighted- Average Fair Value

Nonvested at June 30, 2009	359,691		$	17.07
Granted	247,800			18.20
Vested	(112,665	)		17.99
Forfeited	(15,289	)		17.18

Nonvested at June 30, 2010	479,537		$	17.44
Granted	268,406			29.48
Vested	(161,124	)		18.08
Forfeited	(21,706	)		19.55

Nonvested at June 30, 2011	565,113		$	22.89
Granted	230,597			36.99
Vested	(208,376	)		21.41
Forfeited	(6,866	)		31.10

Nonvested at June 30, 2012	580,468		$	28.93

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References+ Details

INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2012

INCOME TAXES

Schedule of geographical breakdown of income before the provision (benefit) for income taxes

	2010		2011		2012

Pre-tax income:
United States	$	14,888	$	26,855	$	21,335
Foreign		20,108		19,880		40,648

Total pre-tax income	$	34,996	$	46,735	$	61,983

Schedule of provision for income taxes

	2010			2011		2012

Current:
Federal	$	2,809		$	5,068	$	8,176
State		745			1,040		2,396
Foreign		2,644			2,398		7,320

Total current provision		6,198			8,506		17,892
Deferred:
Federal	$	2,640		$	3,085	$	(3,565	)
State		(374	)		1,192		(554	)
Foreign		2,975			530		2,662

Total deferred provision		5,241			4,807		(1,457	)

Total provision	$	11,439		$	13,313	$	16,435

Summary of activity of unrecognized tax benefits


Balance as July 1, 2009	$	5,887
Additions on tax positions for the current year		1,119
Additions on tax positions from prior years		780
Reductions as a result of a lapse of statute of limitations		(456	)
Reduction in tax position from prior year		(453	)

Balance as June 30, 2010	$	6,877
Additions on tax positions for the current year		454
Additions on tax positions from prior years		365
Reduction in tax position from prior year		(327	)

Balance at June 30, 2011	$	7,369
Additions on tax positions for the current year		264
Additions on tax positions from prior years		503
Reduction in tax position from prior year		(1,063	)

Balance at June 30, 2012	$	7,073

Schedule of deferred income tax assets (liabilities)

	June 30,

	2011			2012
Deferred income tax assets:
R&D tax credit carryforwards	$	4,178		$	3,603
Net operating loss carryforwards		6,075			5,863
Revitalization zone deductions		855			741
Allowance for doubtful accounts		1,355			1,537
Inventory reserve		6,539			7,777
Inventory capitalization		2,219			2,619
Accrued liabilities		5,422			5,005
Deferred compensation		2,438			6,564
Unrecognized tax benefit		1,475			663
Other assets		6,478			7,620

Total deferred income tax assets		37,034			41,992
Valuation allowance		(8,292	)		(8,858	)

Net deferred income tax assets		28,742			33,134

Deferred income tax liabilities:
Depreciation		(2,109	)		(3,036	)
State income taxes		(743	)		(1,076	)
Amortization of intangible assets		(9,403	)		(9,859	)
Other liabilities		—			(1,865	)

Total deferred income tax liabilities		(12,255	)		(15,836	)

Net deferred tax asset	$	16,487		$	17,298

Schedule of consolidated effective income tax rate different from the federal statutory income tax rate

	June 30,

	2010			2011			2012
Provision for income taxes at federal statutory rate		35.0	%		35.0	%		35.0	%
State income taxes and credits—net of federal benefit		0.7			3.1			1.9
Research and development tax credits		(3.2	)		(2.2	)		(0.5	)
Foreign tax credits		(0.6	)		(3.5	)		(0.1	)
Subpart F income		0.6			2.8			0.1
Foreign income subject to tax at other than federal statutory rate		(5.3	)		(9.0	)		(11.0	)
Nondeductible expenses		0.1			0.4			1.3
Change in valuation allowance		1.0			1.1			1.6
Unrecognized tax benefit		1.8			0.2			(1.8	)
Other		2.6			0.6			—

Effective income tax rate		32.7	%		28.5	%		26.5	%

EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Jun. 30, 2012

EMPLOYEE BENEFIT PLANS

Schedule of the changes in the plans benefit obligations, fair value of assets and funded status

	2011			2012

Change in Benefit Obligation
Benefit obligation at beginning of year	$	9,365		$	10,326
Translation adjustment		659			(428	)
Service costs		41			54
Interest costs		497			487
Curtailment / plan amendment		—			1,794
Plan participants' contributions		(131	)		—
Actuarial loss		184			(225	)
Benefits paid		(289	)		(250	)

Benefit obligation at end of year		10,326			11,758

Change in Plan Assets
Fair value of plan assets at beginning of year		5,254			6,066
Translation adjustment		554			(336	)
Actual return on plan assets		543			158
Company contributions		275			327
Plan participants' contributions		(195	)		—
Benefits paid		(365	)		(185	)

Fair value of plan assets at end of year		6,066			6,030

Funded status		(4,260	)		(5,728	)
Unrecognized net actuarial loss		—			—

Net amount recognized	$	(4,260	)	$	(5,728	)

Amount recognized in Consolidated Balance Sheets consist of:
Investments	$	250		$	315
Accrued pension liability		(4,510	)		(6,043	)
Accumulated other comprehensive income		2,770			3,883

Schedule of net periodic benefit costs

	2010			2011			2012

Net Periodic Benefit Costs
Service costs	$	49		$	41		$	54
Interest costs		464			458			487
Expected return on plan assets		(306	)		(352	)		(359	)
Amortization of prior service costs		258			335			335
Recognized actuarial loss		284			310			109
Curtailment		(14	)		—			—

Net periodic benefit cost	$	735		$	792		$	626

Schedule of plan assumptions



Weighted average assumptions at year-end:
Discount rate	5.2	%	5.4	%
Expected return on plan assets	6.0	%	5.8	%
Rate of compensation increase	2.5	%	2.2	%

Schedule of plan assets and investment policy

	Fiscal year ended June 30, 2011						Fiscal year ended June 30, 2012

	Proportion of Fair Value			Expected Rate of Return			Proportion of Fair Value			Expected Rate of Return
Equity securities		75	%		7	%		49	%		8	%
Debt securities		20	%		4	%		41	%		2	%
Other		5	%		1	%		10	%		10	%

Combined		100	%		6.0	%		100	%		5.8	%

Schedule of estimated benefits payments, based upon the same assumptions used to measure the benefit obligation and net pension cost

		Pension Benefits

July 1, 2012 to June 30, 2013			209
July 1, 2013 to June 30, 2014			363
July 1, 2014 to June 30, 2015			206
July 1, 2015 to June 30, 2016			201
July 1, 2016 to June 30, 2017			207
July 1, 2017 to June 30, 2022			7,452

SEGMENT INFORMATION (Tables)

12 Months Ended

Jun. 30, 2012

SEGMENT INFORMATION

Schedule of operations and identifiable assets by industry segment

	2010

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	251,479	$	206,557	$	137,075	$	—		$	—		$	595,111
Revenue between product segments		—		—		34,162		—			(34,162	)		—

Total revenues	$	251,479	$	206,557	$	171,237	$	—			(34,162	)	$	595,111

Income (loss) from operations	$	23,351	$	13,113	$	11,958	$	(10,878	)	$	(776	)	$	36,768

Segments assets	$	221,019	$	138,739	$	85,170	$	72,731		$	(4,545	)	$	513,114

Capital expenditures	$	12,362	$	2,290	$	2,414	$	1,021		$	—		$	18,087

Depreciation and amortization	$	6,210	$	8,365	$	3,449	$	537		$	—		$	18,561

	2011

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	294,686	$	215,050	$	146,364	$	—		$	—		$	656,100
Revenue between product segments		—		—		46,509		—			(46,509	)		—

Total revenues	$	294,686	$	215,050	$	192,873	$	—			(46,509	)	$	656,100

Income (loss) from operations	$	25,352	$	17,857	$	17,211	$	(11,322	)	$	(1,337	)	$	47,761

Segments assets	$	245,068	$	152,048	$	109,961	$	84,082		$	(6,243	)	$	584,916

Capital expenditures	$	7,038	$	2,983	$	2,267	$	1,104		$	—		$	13,392

Depreciation and amortization	$	6,462	$	7,675	$	3,720	$	672		$	—		$	18,529

	2012

	Security Division		Healthcare Division		Optoelectronics and Manufacturing Division		Corporate			Eliminations			Consolidated
Revenues:
External customer revenue	$	391,808	$	235,548	$	165,634	$	—		$	—		$	792,990
Revenue between product segments		—		—		45,169		—			(45,169	)		—

Total revenues	$	391,808	$	235,548	$	210,803	$	—			(45,169	)	$	792,990

Income (loss) from operations	$	30,552	$	28,330	$	18,743	$	(11,887	)	$	202		$	65,940

Segments assets	$	351,668	$	162,583	$	132,281	$	109,405		$	(6,041	)	$	749,896

Capital expenditures	$	56,848	$	5,158	$	4,552	$	1,932		$	—		$	68,490

Depreciation and amortization	$	7,819	$	7,640	$	3,876	$	864		$	—		$	20,199

Schedule of revenues and identifiable assets by geographical area

	2010

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	418,808	$	126,450	$	49,853	$	—		$	595,111
Revenue between product segments		23,204		—		10,958		(34,162	)		—

Total revenue	$	442,012	$	126,450	$	60,811	$	(34,162	)	$	595,111

Long-lived assets	$	125,485	$	23,555	$	11,289				$	160,329

	2011

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	457,692	$	124,196	$	74,212	$	—		$	656,100
Revenue between product segments		26,376		—		20,133		(46,509	)		—

Total revenue	$	484,068	$	124,196	$	94,345	$	(46,509	)	$	656,100

Long-lived assets	$	132,110	$	34,351	$	13,838				$	180,299

	2012

	Americas		Europe		Asia		Eliminations			Total Consolidated
Revenues:
External customer revenue	$	542,178	$	153,140	$	97,672	$	—		$	792,990
Revenue between product segments		10,446		—		34,723		(45,169	)		—

Total revenue	$	552,624	$	153,140	$	132,395	$	(45,169	)	$	792,990

Long-lived assets	$	220,976	$	32,819	$	14,894				$	268,689

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012 segment	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2009
Description of business
Number of operating divisions	3
Components of cash and cash equivalents consisted of:
Total	$ 91,452	$ 55,619	$ 51,989	$ 25,172
Cash in bank
Components of cash and cash equivalents consisted of:
Total	47,402	55,575
Money market
Components of cash and cash equivalents consisted of:
Total	34,063	44
Commercial paper
Components of cash and cash equivalents consisted of:
Total	$ 9,987

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3044-108585

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2012 Recurring Level 1	Jun. 30, 2011 Recurring Level 1	Jun. 30, 2012 Recurring Level 2	Jun. 30, 2011 Recurring Level 2	Jun. 30, 2012 Recurring Total	Jun. 30, 2011 Recurring Total
Income Taxes
Percentage of likelihood of realization that tax position must exceed	50.00%
Fair value of financial instruments
Fair value of assets		$ 10,955,000	$ 8,115,000
Fair value of assets (liabilities)				13,000	(187,000)	10,968,000	7,928,000
Derivative Instruments and Hedging Activity
Outstanding foreign currency forward contracts	$ 6,200,000

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Restructuring and Other Charges
Pre-tax restructuring charges	$ 1,391	$ 3,424	$ 2,859
No individual customer \| Accounts receivable \| Customer
Concentrations of credit risk
Threshold for disclosure of risk concentrations (as a percent)	10.00%	10.00%
No individual customer \| Revenues \| Customer
Concentrations of credit risk
Threshold for disclosure of risk concentrations (as a percent)		10.00%	10.00%
One customer \| Revenues \| Customer \| Minimum
Concentrations of credit risk
Percentage of benchmark derived from specified source	10.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) (USD $)	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Foreign Currency Translation
Transaction gain (loss)	$ 400,000	$ (2,000,000)	$ (3,200,000)
Business Combinations
Maximum measurement period in which provisional amounts can be adjusted	1 year
Computation of basic and diluted earnings per share
Net income available to common stockholders	45,548,000	33,422,000	23,557,000
Weighted average shares outstanding-basic	19,732,000	18,843,000	17,874,000
Dilutive effect of stock options and warrants	598,000	705,000	515,000
Weighted average of shares outstanding-diluted	20,330,000	19,548,000	18,389,000
Basic earnings per share	$ 2.31	$ 1.77	$ 1.32
Diluted earnings per share	$ 2.24	$ 1.71	$ 1.28
Antidilutive shares associated with stock options and stock warrants			400,000
Changes in provision for warranties
Balance at the beginning of the period	14,530,000	10,930,000	10,106,000
Additions	8,620,000	9,175,000	6,653,000
Reductions for warranty repair costs	(5,588,000)	(5,575,000)	(5,829,000)
Balance at the end of the period	$ 17,562,000	$ 14,530,000	$ 10,930,000

INVENTORIES (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Jun. 30, 2011
INVENTORIES
Raw materials	$ 103,747	$ 92,373
Work-in-process	28,096	37,202
Finished goods	63,335	40,059
Total	$ 195,178	$ 169,634

- Definition

Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

+ References+ Details

PROPERTY AND EQUIPMENT (Details) (USD $)	12 Months Ended
PROPERTY AND EQUIPMENT (Details) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
PROPERTY AND EQUIPMENT
Property and equipment, gross	$ 191,397,000	$ 133,110,000
Less accumulated depreciation and amortization	(79,733,000)	(78,093,000)
Property and equipment, net	111,664,000	55,017,000
Depreciation expense	15,500,000	14,200,000	14,400,000
Land
PROPERTY AND EQUIPMENT
Property and equipment, gross	5,193,000	5,296,000
Buildings
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	20 years
Property and equipment, gross	13,597,000	9,638,000
Leasehold improvements
PROPERTY AND EQUIPMENT
Property and equipment, gross	12,385,000	12,989,000
Leasehold improvements \| Minimum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	1 year
Leasehold improvements \| Maximum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	20 years
Equipment and tooling
PROPERTY AND EQUIPMENT
Property and equipment, gross	74,789,000	72,104,000
Equipment and tooling \| Minimum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	3 years
Equipment and tooling \| Maximum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	10 years
Furniture and fixtures
PROPERTY AND EQUIPMENT
Property and equipment, gross	3,982,000	4,431,000
Furniture and fixtures \| Minimum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	3 years
Furniture and fixtures \| Maximum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	13 years
Computer equipment
PROPERTY AND EQUIPMENT
Property and equipment, gross	13,937,000	14,034,000
Computer equipment \| Minimum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	3 years
Computer equipment \| Maximum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	5 years
Computer software
PROPERTY AND EQUIPMENT
Property and equipment, gross	15,245,000	14,618,000
Computer software \| Minimum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	3 years
Computer software \| Maximum
PROPERTY AND EQUIPMENT
Estimated Useful Lives (in years)	10 years
Construction in process
PROPERTY AND EQUIPMENT
Property and equipment, gross	$ 52,269,000

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References+ Details

- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References+ Details

- Definition

Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

GOODWILL AND INTANGIBLE ASSETS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Changes in the carrying amount of goodwill
Balance at the beginning of the period	$ 70,292	$ 63,941
Goodwill acquired during the period		5,517
Goodwill acquired or adjusted during the period	12,543
Foreign currency translation adjustment	(686)	834
Balance at the end of the period	82,149	70,292
Security Group
Changes in the carrying amount of goodwill
Balance at the beginning of the period	21,040	16,566
Goodwill acquired during the period		3,863
Goodwill acquired or adjusted during the period	7,106
Foreign currency translation adjustment	(563)	611
Balance at the end of the period	27,583	21,040
Healthcare Group
Changes in the carrying amount of goodwill
Balance at the beginning of the period	35,612	35,403
Goodwill acquired or adjusted during the period	374
Foreign currency translation adjustment	(99)	209
Balance at the end of the period	35,887	35,612
Optoelectronics and Manufacturing Group
Changes in the carrying amount of goodwill
Balance at the beginning of the period	13,640	11,972
Goodwill acquired during the period		1,654
Goodwill acquired or adjusted during the period	5,063
Foreign currency translation adjustment	(24)	14
Balance at the end of the period	$ 18,679	$ 13,640

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-Subparagraph l

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 43

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 72

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-Clause 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The aggregate amount of goodwill acquired in the period and allocated to the reportable segment. The value is stated at fair value based on the purchase price allocation.

+ References+ Details

GOODWILL AND INTANGIBLE ASSETS (Details 2) (USD $)	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS (Details 2) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Amortizable assets:
Gross Carrying Value	$ 53,504,000	$ 47,450,000
Accumulated Amortization	26,385,000	23,174,000
Intangibles Net	27,119,000	24,276,000
Total intangible assets
Gross Carrying Value	64,127,000	56,881,000
Intangibles Net	37,742,000	33,707,000
Amortization expense	4,700,000	4,300,000	4,100,000
Estimated future amortization expense
2013	4,728,000
2014	3,541,000
2015	2,135,000
2016	1,993,000
2017	1,732,000
2018 and thereafter	12,990,000
Total	27,119,000	24,276,000
Trademarks
Non-amortizable assets:
Gross Carrying Value	10,623,000	9,431,000
Software development costs
Intangible assets
Weighted Average Lives (in years)	5 years
Amortizable assets:
Gross Carrying Value	15,175,000	13,090,000
Accumulated Amortization	4,140,000	3,807,000
Intangibles Net	11,035,000	9,283,000
Estimated future amortization expense
Total	11,035,000	9,283,000
Capitalized software development costs	2,100,000	1,200,000	2,100,000
Patents
Intangible assets
Weighted Average Lives (in years)	15 years
Amortizable assets:
Gross Carrying Value	4,259,000	2,975,000
Accumulated Amortization	526,000	449,000
Intangibles Net	3,733,000	2,526,000
Estimated future amortization expense
Total	3,733,000	2,526,000
Core technology
Intangible assets
Weighted Average Lives (in years)	10 years
Amortizable assets:
Gross Carrying Value	2,093,000	2,151,000
Accumulated Amortization	1,548,000	1,376,000
Intangibles Net	545,000	775,000
Estimated future amortization expense
Total	545,000	775,000
Developed technology
Intangible assets
Weighted Average Lives (in years)	12 years
Amortizable assets:
Gross Carrying Value	20,022,000	18,823,000
Accumulated Amortization	12,560,000	10,718,000
Intangibles Net	7,462,000	8,105,000
Estimated future amortization expense
Total	7,462,000	8,105,000
Customer relationships/ backlog
Intangible assets
Weighted Average Lives (in years)	7 years
Amortizable assets:
Gross Carrying Value	11,955,000	10,411,000
Accumulated Amortization	7,611,000	6,824,000
Intangibles Net	4,344,000	3,587,000
Estimated future amortization expense
Total	$ 4,344,000	$ 3,587,000

RESTRUCTURING AND OTHER CHARGES (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Restructuring and other charges
Accrued balance at the beginning of the period	$ 776	$ 1,496	$ 3,135
Total expensed during year	1,391	3,424	2,859
Paid during the year	1,685	4,144	4,498
Accrued balance at the end of the period	482	776	1,496
Debt restructuring
Restructuring and other charges
Total expensed during year		1,192
Facility closure
Restructuring and other charges
Total expensed during year	233		1,157
Employee termination costs
Restructuring and other charges
Total expensed during year	1,158	2,232	1,702
Security Division
Restructuring and other charges
Accrued balance at the beginning of the period	465	463	698
Total expensed during year	290	595	515
Paid during the year	458	593	750
Accrued balance at the end of the period	297	465	463
Security Division \| Facility closure
Restructuring and other charges
Total expensed during year			509
Security Division \| Employee termination costs
Restructuring and other charges
Total expensed during year	290	595	6
Healthcare Division
Restructuring and other charges
Accrued balance at the beginning of the period	179	733	78
Total expensed during year	170	1,508	1,299
Paid during the year	179	2,062	644
Accrued balance at the end of the period	170	179	733
Healthcare Division \| Debt restructuring
Restructuring and other charges
Total expensed during year		449
Healthcare Division \| Facility closure
Restructuring and other charges
Total expensed during year			89
Healthcare Division \| Employee termination costs
Restructuring and other charges
Total expensed during year	170	1,059	1,210
Optoelectronics and Manufacturing Division
Restructuring and other charges
Accrued balance at the beginning of the period	104	300	199
Total expensed during year	931	43	955
Paid during the year	1,029	239	854
Accrued balance at the end of the period	6	104	300
Optoelectronics and Manufacturing Division \| Facility closure
Restructuring and other charges
Total expensed during year	233		559
Optoelectronics and Manufacturing Division \| Employee termination costs
Restructuring and other charges
Total expensed during year	698	43	396
Corporate
Restructuring and other charges
Accrued balance at the beginning of the period	28		2,160
Total expensed during year		1,278	90
Paid during the year	19	1,250	2,250
Accrued balance at the end of the period	9	28
Corporate \| Debt restructuring
Restructuring and other charges
Total expensed during year		743
Corporate \| Employee termination costs
Restructuring and other charges
Total expensed during year		$ 535	$ 90

LINE-OF-CREDIT BORROWINGS AND DEBT (Details) (USD $)	12 Months Ended
LINE-OF-CREDIT BORROWINGS AND DEBT (Details) (USD $)	Jun. 30, 2012	Jun. 30, 2011
LINE-OF-CREDIT BORROWINGS AND DEBT
Long-term debt	$ 2,682,000	$ 2,977,000
Less current portion of long-term debt	215,000	221,000
Long-term portion of debt	2,467,000	2,756,000
Fiscal year principal payments of long-term debt
2013	215,000
2014	215,000
2015	215,000
2016	215,000
2017	215,000
2018 and thereafter	1,607,000
Total	2,682,000	2,977,000
Revolving credit facility
LINE-OF-CREDIT BORROWINGS AND DEBT
Maximum borrowing capacity	425,000,000
Sub-limit available for letters of credit	375,000,000
Increase in the credit agreement's borrowing capacity available under certain circumstances	100,000,000
Unused commitment fee (as a percent)	0.25%
Amount outstanding under letters-of-credit	179,700,000
Revolving credit facility \| LIBOR
LINE-OF-CREDIT BORROWINGS AND DEBT
Variable basis rate	LIBOR
Interest rate margin (as a percent)	1.50%
Revolving credit facility \| LIBOR \| Minimum
LINE-OF-CREDIT BORROWINGS AND DEBT
Interest rate margin (as a percent)	1.50%
Revolving credit facility \| LIBOR \| Maximum
LINE-OF-CREDIT BORROWINGS AND DEBT
Interest rate margin (as a percent)	2.00%
Bank lines-of-credit
LINE-OF-CREDIT BORROWINGS AND DEBT
Amount outstanding under letters-of-credit	9,500,000
Available credit facility	32,700,000
Total cash borrowing sub-limit	4,100,000
Twenty-year term loan due in 2024
LINE-OF-CREDIT BORROWINGS AND DEBT
Principal amount	5,300,000
Term of loan (in years)	20 years
Interest rate (as a percent)	2.00%
Long-term debt	2,682,000	2,977,000
Fiscal year principal payments of long-term debt
Total	$ 2,682,000	$ 2,977,000
Twenty-year term loan due in 2024 \| LIBOR
LINE-OF-CREDIT BORROWINGS AND DEBT
Variable basis rate	LIBOR
Interest rate margin (as a percent)	1.20%

STOCK-BASED COMPENSATION (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012 plan	Jun. 30, 2011	Jun. 30, 2010
STOCK-BASED COMPENSATION
Number of stock-based compensation plans	1
Stock based compensation expense
Stock based compensation expense before taxes	$ 8,530	$ 5,789	$ 5,011
Less: Related income tax benefit	3,050	1,994	1,750
Stock based compensation expense, net of estimated taxes	5,480	3,795	3,261
Cost of goods sold
Stock based compensation expense
Stock based compensation expense before taxes	465	378	287
Selling, general and administrative
Stock based compensation expense
Stock based compensation expense before taxes	7,811	5,176	4,499
Research and development
Stock based compensation expense
Stock based compensation expense before taxes	$ 254	$ 235	$ 225

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References+ Details

STOCK-BASED COMPENSATION (Details 2) (USD $)	12 Months Ended
STOCK-BASED COMPENSATION (Details 2) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
OSI Plan
Stock-based compensation
Shares available for issuance	1,090,876
Number of shares of common stock authorized	6,700,000
OSI Plan \| Stock options
Stock-based compensation
Unrecognized compensation cost	$ 2,300,000
Weighted-average period (in years)	2 years
Vesting period	3 years
Weighted average assumptions used to determine the fair value calculations for stock options issued
Expected dividend (as percent)	0.00%	0.00%	0.00%
Risk-free interest rate (as percent)	0.60%	1.40%	2.00%
Expected volatility (as percent)	35.60%	40.00%	39.00%
Expected life (in years)	4 years 3 months 18 days	4 years 3 months 18 days	4 years 3 months 18 days
Number of Options
Outstanding at the beginning of the period (in shares)	930,912	1,556,110	2,175,863
Granted (in shares)	269,469	107,140	257,500
Exercised (in shares)	(140,385)	(719,515)	(660,764)
Expired or forfeited (in shares)	(599)	(12,823)	(216,489)
Outstanding at the end of the period (in shares)	1,059,397	930,912	1,556,110
Exercisable at the end of the period (in shares)	636,227
Weighted-Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 18.45	$ 17.46	$ 17.69
Granted (in dollars per share)	$ 35.98	$ 30.62	$ 16.41
Exercised (in dollars per share)	$ 17.75	$ 18.05	$ 16.98
Expired or forfeited (in dollars per share)	$ 16.72	$ 21.50	$ 20.01
Outstanding at the end of the period (in dollars per share)	$ 23.01	$ 18.45	$ 17.46
Exercisable at the end of the period (in dollars per share)	$ 17.61
Weighted-Average Remaining Contractual Term
Outstanding at the end of the period (in years)	7 years 2 months 12 days
Exercisable at the end of the period (in years)	6 years 3 months 18 days
Aggregate Intrinsic Value
Outstanding at the end of the period	42,729,000
Exercisable at the end of the period	29,092,000
Stock-based compensation, other disclosures
Weighted-average grant-date fair value of stock options (in dollars per share)	$ 10.67	$ 10.50	$ 5.64
Total intrinsic value of options exercised	4,800,000
OSI Plan \| Nonqualified options \| Any person who owned more than 10% of the voting power of all classes of stock \| Maximum
Stock-based compensation
Percentage of voting power owned	10.00%
Purchase price expressed as a percentage of the fair market value of the Company's common stock on the date of grant	110.00%
OSI Plan \| Incentive stock options \| Any person who owned more than 10% of the voting power of all classes of stock \| Maximum
Stock-based compensation
Percentage of voting power owned	10.00%
Purchase price expressed as a percentage of the fair market value of the Company's common stock on the date of grant	110.00%
OSI Plan \| Restricted stock
Stock-based compensation
Unrecognized compensation cost	10,400,000
Weighted-average period (in years)	2 years 6 months
Shares
Nonvested at the beginning of the period (in shares)	565,113	479,537	359,691
Granted (in shares)	230,597	268,406	247,800
Vested (in shares)	(208,376)	(161,124)	(112,665)
Forfeited (in shares)	(6,866)	(21,706)	(15,289)
Nonvested at the end of the period (in shares)	580,468	565,113	479,537
Weighted-Average Fair Value
Nonvested at the beginning of the period (in dollars per share)	$ 22.89	$ 17.44	$ 17.07
Granted (in dollars per share)	$ 36.99	$ 29.48	$ 18.20
Vested (in dollars per share)	$ 21.41	$ 18.08	$ 17.99
Forfeited (in dollars per share)	$ 31.10	$ 19.55	$ 17.18
Nonvested at the end of the period (in dollars per share)	$ 28.93	$ 22.89	$ 17.44
Total fair value of shares vested	$ 4,500,000	$ 2,900,000	$ 2,000,000
OSI Plan \| Restricted stock \| Minimum
Stock-based compensation
Vesting period	3 years
OSI Plan \| Restricted stock \| Maximum
Stock-based compensation
Shares available for issuance	604,167
Vesting period	4 years
Employee Stock Purchase Plan
Stock-based compensation
Shares purchased	82,752	142,671	141,136
Shares available for issuance	1,089,411
Employee Stock Purchase Plan \| Maximum
Stock-based compensation
Discount rate for eligible employees to purchase common stock (as a percent)	15.00%

INCOME TAXES (Details) (USD $)	12 Months Ended
INCOME TAXES (Details) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Pre-tax income:
United States	$ 21,335,000	$ 26,855,000	$ 14,888,000
Foreign	40,648,000	19,880,000	20,108,000
Income before income taxes	61,983,000	46,735,000	34,996,000
Current:
Federal	8,176,000	5,068,000	2,809,000
State	2,396,000	1,040,000	745,000
Foreign	7,320,000	2,398,000	2,644,000
Total current provision	17,892,000	8,506,000	6,198,000
Deferred:
Federal	(3,565,000)	3,085,000	2,640,000
State	(554,000)	1,192,000	(374,000)
Foreign	2,662,000	530,000	2,975,000
Total deferred provision	(1,457,000)	4,807,000	5,241,000
Total provision	16,435,000	13,313,000	11,439,000
Income taxes, other disclosures
Additional tax benefit on exercise of stock options	3,187,000	4,862,000	732,000
Liability for uncertain tax positions	8,300,000	9,800,000
Unrecognized tax benefits that, if recognized, would affect the effective tax rate	7,000,000	8,300,000
Accrued interest and penalties	$ 1,200,000

INCOME TAXES (Details 2) (USD $)	12 Months Ended
INCOME TAXES (Details 2) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Activity of unrecognized tax benefits
Balance at the beginning of the period	$ 7,369,000	$ 6,877,000	$ 5,887,000
Additions on tax positions for the current year	264,000	454,000	1,119,000
Additions on tax positions from prior years	503,000	365,000	780,000
Reductions as a result of a lapse of statute of limitations			(456,000)
Reduction in tax position from prior year	(1,063,000)	(327,000)	(453,000)
Balance at the end of the period	7,073,000	7,369,000	6,877,000
Undistributed earnings of the foreign subsidiaries	197,000,000
Deferred income tax assets:
R&D tax credit carryforwards	3,603,000	4,178,000
Net operating loss carryforwards	5,863,000	6,075,000
Revitalization zone deductions	741,000	855,000
Allowance for doubtful accounts	1,537,000	1,355,000
Inventory reserve	7,777,000	6,539,000
Inventory capitalization	2,619,000	2,219,000
Accrued liabilities	5,005,000	5,422,000
Deferred compensation	6,564,000	2,438,000
Unrecognized tax benefit	663,000	1,475,000
Other assets	7,620,000	6,478,000
Total deferred income tax assets	41,992,000	37,034,000
Valuation allowance	(8,858,000)	(8,292,000)
Net deferred income tax assets	33,134,000	28,742,000
Deferred income tax liabilities:
Depreciation	(3,036,000)	(2,109,000)
State income taxes	(1,076,000)	(743,000)
Amortization of intangible assets	(9,859,000)	(9,403,000)
Other liabilities	(1,865,000)
Total deferred income tax liabilities	(15,836,000)	(12,255,000)
Net deferred tax asset	$ 17,298,000	$ 16,487,000

INCOME TAXES (Details 4) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jun. 30, 2012
Tax credit carry forward
Increase in valuation allowance	$ 0.5
State
Tax credit carry forward
Tax credit carry forwards	2.2
Federal
Tax credit carry forward
Tax credit carry forwards	2.2
Foreign
Tax credit carry forward
Tax credit carry forwards	$ 1.5

- Definition

The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.

+ References+ Details

- Definition

The amount of the change in the period in the valuation allowance for a specified deferred tax asset.

+ References+ Details

INCOME TAXES (Details 5)	12 Months Ended
INCOME TAXES (Details 5)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Effective income tax rate
Provision for income taxes at federal statutory rate (as a percent)	35.00%	35.00%	35.00%
State income taxes and credits-net of federal benefit (as a percent)	1.90%	3.10%	0.70%
Research and development tax credits (as a percent)	(0.50%)	(2.20%)	(3.20%)
Foreign tax credits (as a percent)	(0.10%)	(3.50%)	(0.60%)
Subpart F income (as a percent)	0.10%	2.80%	0.60%
Foreign income subject to tax at other than federal statutory rate (as a percent)	(11.00%)	(9.00%)	(5.30%)
Nondeductible expenses (as a percent)	1.30%	0.40%	0.10%
Change in valuation allowance (as a percent)	1.60%	1.10%	1.00%
Unrecognized tax benefit (as a percent)	(1.80%)	0.20%	1.80%
Other (as a percent)		0.60%	2.60%
Effective income tax rate (as a percent)	26.50%	28.50%	32.70%

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Jun. 30, 2012 investigation	Jun. 30, 2011	Jun. 30, 2010
Total debt, payments due by period
Total	$ 2,682,000	$ 2,977,000
Less than 1 year	215,000
2-3 years	430,000
4-5 years	430,000
After 5 years	1,607,000
Operating leases, payments due by period
Total	31,238,000
Less than 1 year	11,203,000
2-3 years	15,818,000
4-5 years	3,236,000
After 5 years	981,000
Defined benefit plan obligation, payments due by period
Total	8,638,000
Less than 1 year	209,000
2-3 years	569,000
4-5 years	408,000
After 5 years	7,452,000
Operating Leases
Rent expense	13,000,000	11,300,000	10,400,000
Environmental Contingencies
Number of investigations discovering soil and groundwater contamination at Hawthorne, CA facility	1
Sales and Profitability Milestones \| Maximum
Contingent consideration commitments
Maximum amount of payments under contingent consideration	69,000,000
Royalty payments
Contingent consideration commitments
Purchase agreements containing royalty payments, number	1
CXR Limited \| Royalty payments
Contingent consideration commitments
Fair value of contingent payment obligations	20,800,000	9,200,000
Reductions in fair value of contingent payment obligations	$ 2,200,000	$ 1,200,000

STOCKHOLDERS' EQUITY (Details) (USD $) In Millions, except Share data, unless otherwise specified	1 Months Ended	12 Months Ended
	Jun. 30, 2004	Jun. 30, 2012	Jun. 30, 2011
Stock Repurchase Program
Number of shares repurchased		67,037	58,396
Number of shares available for additional repurchase		585,772
Warrants
Shares issued and sold in private placement	1,500,000
Net proceeds from issuance of common stock in private placement	$ 31
Warrants issued (in shares)	337,500
Exercise price of warrants (in dollars per share)	$ 27.73
Proceeds from warrants exercised			$ 4.7

- Definition

The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement.

+ References+ Details

- Definition

Number of new stock issued during the period.

+ References+ Details

- Definition

Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References+ Details

RELATED PARTY TRANSACTIONS (Details) (USD $)	12 Months Ended
RELATED PARTY TRANSACTIONS (Details) (USD $)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
RELATED-PARTY TRANSACTIONS
Equity earnings in joint venture	$ 350,000	$ 552,000	$ 402,000
Chief Executive Officer and/or his family members \| Entities Owned by Related Party
RELATED-PARTY TRANSACTIONS
Messenger services and auto rental expenses	65,000	60,000	64,000
Printing service expenses	14,000	31,000	60,000
Leasing warehouse space on a month-to-month basis	3,000
ECIL-Rapiscan Security Products Limited
RELATED-PARTY TRANSACTIONS
Ownership interest in joint venture (as a percent)	36.00%
Initial investment	100,000
Equity earnings in joint venture	400,000	600,000	400,000
Sales to joint venture	5,800,000	7,100,000	4,400,000
Receivables from joint venture	$ 1,500,000	$ 2,200,000
ECIL-Rapiscan Security Products Limited \| Chairman and Chief Executive Officer, and Executive Vice President and President of the Company's Security Division \| Maximum
RELATED-PARTY TRANSACTIONS
Collective voting power control, by entity and related parties, in equity method investment of entity (as a percent)	50.00%
ECIL-Rapiscan Security Products Limited \| Chairman and Chief Executive Officer
RELATED-PARTY TRANSACTIONS
Related party ownership percentage in equity method investee of the reporting entity	10.50%
ECIL-Rapiscan Security Products Limited \| Executive Vice President and President of Security Division
RELATED-PARTY TRANSACTIONS
Related party ownership percentage in equity method investee of the reporting entity	4.50%

EMPLOYEE BENEFIT PLANS (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
EMPLOYEE BENEFIT PLANS
Company contribution on retirement savings plans	$ 3.9	$ 3.6	$ 3.4
Deferred Compensation Plan
Company contribution on deferred compensation plan	0.7	0.9	0.5
Assets held by Company	8.2
Liabilities held by Company	$ 7.9
Period to classify liabilities underfunded plans as noncurrent (in months)	12 months
Maximum
Deferred Compensation Plan
Percentage of salaries which can be deferred by eligible employees	80.00%
Percentage of bonuses which can be deferred by eligible employees	100.00%

EMPLOYEE BENEFIT PLANS (Details 2) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Change in Benefit Obligation
Benefit obligation at beginning of year	$ 10,326	$ 9,365
Translation adjustment	(428)	659
Service costs	54	41	49
Interest costs	487	458	464
Curtailment/plan amendment	1,794
Plan participants' contributions		(131)
Actuarial loss	(225)	184
Benefits paid	(250)	(289)
Benefit obligation at end of year	11,758	10,326	9,365
Change in Plan Assets
Fair value of plan assets at beginning of year	6,066	5,254
Translation adjustment	(336)	554
Actual return on plan assets	158	543
Company contributions	327	275
Plan participants' contributions		(195)
Benefits paid	(185)	(365)
Fair value of plan assets at end of year	6,030	6,066	5,254
Funded status	(5,728)	(4,260)
Net amount recognized	(5,728)	(4,260)
Amount recognized in Consolidated Balance Sheets consist of:
Investments	315	250
Accrued pension liability	(6,043)	(4,510)
Accumulated other comprehensive income	3,883	2,770
Net Periodic Benefit Costs
Service costs	54	41	49
Interest costs	487	458	464
Expected return on plan assets	(359)	(352)	(306)
Amortization of prior service costs	335	335	258
Recognized actuarial loss	109	310	284
Curtailment			(14)
Net periodic benefit cost	$ 626	$ 792	$ 735
Weighted average assumptions at year-end:
Discount rate (as a percent)	5.40%	5.20%
Expected return on plan assets (as a percent)	5.80%	6.00%
Rate of compensation increase (as a percent)	2.20%	2.50%

EMPLOYEE BENEFIT PLANS (Details 3)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Details 3)	Jun. 30, 2012	Jun. 30, 2011
Plan Assets and Investment Policy
Proportion of Fair Value (as a percent)	100.00%	100.00%
Expected Rate of Return (as a percent)	5.80%	6.00%
Maximum
Plan Assets and Investment Policy
Percentage of significant holdings in any single company of the total assets	5.00%
Equity securities
Plan Assets and Investment Policy
Proportion of Fair Value (as a percent)	49.00%	75.00%
Expected Rate of Return (as a percent)	8.00%	7.00%
Debt securities
Plan Assets and Investment Policy
Proportion of Fair Value (as a percent)	41.00%	20.00%
Expected Rate of Return (as a percent)	2.00%	4.00%
Other
Plan Assets and Investment Policy
Proportion of Fair Value (as a percent)	10.00%	5.00%
Expected Rate of Return (as a percent)	10.00%	1.00%

- Definition

An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation.

+ References+ Details

EMPLOYEE BENEFIT PLANS (Details 4) (USD $)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Details 4) (USD $)	Jun. 30, 2012
Projected Benefit Payments
July 1, 2012 to June 30, 2013	$ 209,000
July 1, 2013 to June 30, 2014	363,000
July 1, 2014 to June 30, 2015	206,000
July 1, 2015 to June 30, 2016	201,000
July 1, 2016 to June 30, 2017	207,000
July 1, 2017 to June 30, 2022	7,452,000
Company Contribution
Weighted average contribution rate of pensionable salaries made by Company (as a percent)	9.00%
Estimated employer contribution for next fiscal year	$ 300,000

SEGMENT INFORMATION (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jun. 30, 2012 segment
SEGMENT INFORMATION
Number of identifiable industry segments	3
Revenues \| Customer \| One customer \| Security Division
Segment information
Amount of benchmark derived from specified source	$ 99.2

SEGMENT INFORMATION (Details 2) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Revenues:
External customer revenue	$ 792,990	$ 656,100	$ 595,111
Total revenues	792,990	656,100	595,111
Income (loss) from operations	65,940	47,761	36,768
Segments assets	749,896	584,916	513,114
Capital expenditures	68,490	13,392	18,087
Depreciation and amortization	20,199	18,529	18,561
Security Division
Revenues:
External customer revenue	391,808	294,686	251,479
Total revenues	391,808	294,686	251,479
Income (loss) from operations	30,552	25,352	23,351
Segments assets	351,668	245,068	221,019
Capital expenditures	56,848	7,038	12,362
Depreciation and amortization	7,819	6,462	6,210
Healthcare Division
Revenues:
External customer revenue	235,548	215,050	206,557
Total revenues	235,548	215,050	206,557
Income (loss) from operations	28,330	17,857	13,113
Segments assets	162,583	152,048	138,739
Capital expenditures	5,158	2,983	2,290
Depreciation and amortization	7,640	7,675	8,365
Optoelectronics and Manufacturing Division
Revenues:
External customer revenue	165,634	146,364	137,075
Revenue between product segments	45,169	46,509	34,162
Total revenues	210,803	192,873	171,237
Income (loss) from operations	18,743	17,211	11,958
Segments assets	132,281	109,961	85,170
Capital expenditures	4,552	2,267	2,414
Depreciation and amortization	3,876	3,720	3,449
Corporate
Revenues:
Income (loss) from operations	(11,887)	(11,322)	(10,878)
Segments assets	109,405	84,082	72,731
Capital expenditures	1,932	1,104	1,021
Depreciation and amortization	864	672	537
Eliminations
Revenues:
Revenue between product segments	(45,169)	(46,509)	(34,162)
Total revenues	(45,169)	(46,509)	(34,162)
Income (loss) from operations	202	(1,337)	(776)
Segments assets	$ (6,041)	$ (6,243)	$ (4,545)

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References+ Details

SEGMENT INFORMATION (Details 3) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Revenues:
External customer revenue	$ 792,990	$ 656,100	$ 595,111
Total revenues	792,990	656,100	595,111
Long-lived assets	268,689	180,299	160,329
Americas
Revenues:
External customer revenue	542,178	457,692	418,808
Revenue between product segments	10,446	26,376	23,204
Total revenues	552,624	484,068	442,012
Long-lived assets	220,976	132,110	125,485
Europe
Revenues:
External customer revenue	153,140	124,196	126,450
Total revenues	153,140	124,196	126,450
Long-lived assets	32,819	34,351	23,555
Asia
Revenues:
External customer revenue	97,672	74,212	49,853
Revenue between product segments	34,723	20,133	10,958
Total revenues	132,395	94,345	60,811
Long-lived assets	14,894	13,838	11,289
Eliminations
Revenues:
Revenue between product segments	(45,169)	(46,509)	(34,162)
Total revenues	$ (45,169)	$ (46,509)	$ (34,162)

SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Doubtful accounts
Valuation and Qualifying accounts
Balance at beginning of period	$ 5,793	$ 6,006	$ 6,896
Charged to costs and expenses	582	1,844	522
Deductions - Write-offs	1,321	2,057	1,412
Balance at end of period	5,054	5,793	6,006
Warranty reserve
Valuation and Qualifying accounts
Balance at beginning of period	14,530	10,930	10,106
Charged to costs and expenses	8,620	7,581	6,653
Deductions - Write-offs	5,588	3,981	5,829
Balance at end of period	$ 17,562	$ 14,530	$ 10,930

INCOME TAXES (Details 3) (USD $) In Millions, unless otherwise specified	Jun. 30, 2012
State
Operating loss carry forwards
Net operating loss carry forwards	$ 0.6
Foreign
Operating loss carry forwards
Net operating loss carry forwards	$ 21.5