text: The Committee set three one-year goals for the 2012 and 2011 grants tied to the Company’s earnings before interest, tax, 
  depreciation, and amortization (EBITDA) and after-tax return on assets (ROA). Each fiscal year during the three-year term has its 
  own separate goals. Achievement during any particular fiscal year is “banked” for payout at the end of the three-year term. 
  
  As of June 30, 2012, the potential shares to be banked in future periods was 62. Unrecognized compensation cost relating to 
  these shares has the potential to reach $1,812 and would be recognized in expense over the weighted-average remaining 
  vesting period of 1.7 years. 
  
  Restricted Stock and Restricted Stock Units 
  
  Restricted stock award recipients are entitled to receive dividends on, and have voting rights with respect to their respective 
  shares, but are restricted from selling or transferring the shares prior to vesting. Restricted stock awards vest over periods of 
  one to four years. RSUs are grants valued in shares of Applied stock, but shares are not issued until the grants vest three years 
  from the award date, assuming continued employment with Applied. RSUs vest on a pro rata basis upon retirement during the 
  three-year term. Applied pays dividend equivalents on RSUs on a current basis. 