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Common Stock Incentive, Stock Purchase Plans, and Other Compensation Plans (Tables)
12 Months Ended
Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of stock option activity

 

The Company’s stock option activity for the years ended June 30, 2018 and 2017 was as follows:

 

 

 

Shares

(In thousands)

 

 

Weighted Average

Exercise Price

 

Outstanding at June 30, 2016

 

 

191

 

 

$

5.90

 

Granted

 

 

185

 

 

 

6.15

 

Exercised

 

 

(9

)

 

 

1.95

 

Canceled or expired

 

 

(2

)

 

 

15.05

 

Outstanding at June 30, 2017

 

 

365

 

 

$

6.25

 

Granted

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

Canceled or expired

 

 

(4

)

 

 

5.30

 

Outstanding at June 30, 2018

 

 

361

 

 

$

5.48

 

 

Schedule of stock options by exercise price

 

Range of exercise prices

 

Number

Outstanding

 

 

Options

Outstanding

Weighted-

Average

Remaining

Contractual

Life (years)

 

 

Weighted-

Average

Exercise

Price

 

 

Number

Exercisable

 

 

Options

Exercisable

Weighted-

Average

Exercise

Price

 

$1.60 – 3.55

 

 

93,950

 

 

 

3.13

 

 

$

3.06

 

 

 

93,950

 

 

$

3.06

 

$5.30 – 8.35

 

 

266,578

 

 

 

7.66

 

 

 

6.30

 

 

 

128,616

 

 

 

6.22

 

$16.00 – 16.00

 

 

600

 

 

 

6.78

 

 

 

16.00

 

 

 

600

 

 

 

16.00

 

$1.60 – 16.00

 

 

361,128

 

 

 

6.48

 

 

$

5.48

 

 

 

223,166

 

 

$

4.92

 

 

Schedule of restricted stock activity

The Company’s restricted stock activity for the years ended June 30, 2018 and 2017, was as follows: 

 

 

 

Shares

(In thousands)

 

 

Weighted

Average

Grant-Date

Fair Value

 

Outstanding at June 30, 2016

 

 

31

 

 

$

15.70

 

Granted

 

 

52

 

 

 

8.65

 

Exercised

 

 

(15

)

 

 

15.85

 

Canceled or expired

 

 

(12

)

 

 

11.90

 

Outstanding at June 30, 2017

 

 

56

 

 

$

9.95

 

Granted

 

 

 

 

 

 

Exercised

 

 

(16

)

 

 

13.37

 

Canceled or expired

 

 

(12

)

 

 

8.35

 

Outstanding at June 30, 2018

 

 

28

 

 

$

10.16

 

 

Schedule of share-based compensation fair value

The assumptions used for the years ended June 30, 2018 and 2017 and the resulting estimates of weighted-average fair value per share of options granted or modified are summarized in the following table: 

 

 

 

Year Ended June 30, 2018

 

 

Year Ended June 30, 2017

 

Expected Dividend Yield

 

 

 

 

Expected Volatility

 

 

113

%

 

 

124

%

Risk-Free Interest Rates

 

 

2.86

%

 

 

2.42

%

Expected Option Life (in years)

 

 

3.50

 

 

 

6.61

 

Weighted-average grant-date fair value of options awarded

 

$

2.83

 

 

$

6.15