XML 55 R32.htm IDEA: XBRL DOCUMENT v3.25.2
Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2025
Stockholders' Equity  
Dividends declared and paid

Fiscal Year

    

2025

    

2024

Fourth fiscal quarter

$

0.12

$

0.12

Third fiscal quarter

0.12

0.12

Second fiscal quarter

0.12

0.12

First fiscal quarter

0.12

0.12

Schedule of share repurchases

Years Ended June 30, 

    

2025

2024

Number of treasury shares acquired(1)

89

202

Average cost per share(1)

$

5.01

$

5.66

Total cost of treasury shares acquired

$

442

$

1,144

(1)For the year ended June 30, 2024, includes 140,672 shares repurchased under the Company’s share repurchase program for a weighted average price of $5.33 per share.
Schedule of Market-based Award Valuation Assumptions

Years Ended June 30, 

    

2025

    

2024

Weighted average fair value of performance-based awards granted

$

3.90

$

3.58

Risk-free interest rate

3.45%

4.87%

Expected term in years

2.78

2.77

Expected volatility

50.2%

55.0%

Dividend yield

8.4%

7.4%

Schedule of restricted stock transactions

Weighted

Number of

Average

Restricted

Grant-Date

Award Type

    

Shares

    

Fair Value

Time-vested awards

348,143

$

6.29

Performance-based awards

322,142

4.81

Unvested at June 30, 2025

670,285

$

5.58

Restricted Stock  
Stockholders' Equity  
Schedule of restricted stock transactions

The following table sets forth the restricted stock award transactions for the years ended June 30, 2025 and 2024:

Weighted

Weighted

Unamortized

Average

Number of

Average

Compensation

Remaining

Aggregate Intrinsic

Restricted

Grant-Date

Expense

Amortization

Value (1)

    

Shares

    

Fair Value

    

(In thousands)

    

Period (Years)

    

(In thousands)

Unvested at June 30, 2023

595,414

$

6.48

Time-vested shares granted

157,692

6.22

Performance-based shares granted

136,315

4.80

Vested

(260,910)

5.85

Unvested at June 30, 2024

628,511

$

6.31

$

2,492

1.8

$

3,312

Time-vested shares granted

187,155

5.70

Performance-based shares granted

189,477

4.82

Vested

(326,431)

6.60

Forfeited

(8,427)

6.05

Unvested at June 30, 2025

670,285

$

5.58

$

2,196

1.6

$

3,150

(1)The intrinsic value of restricted stock was calculated as the closing market price on June 30, 2025 and 2024 of the underlying stock multiplied by the number of restricted shares that would be issuable. The total fair value of shares vested was $1.7 million and $1.6 million for the years ended June 30, 2025 and 2024, respectively.
Contingent restricted stock grants  
Stockholders' Equity  
Schedule of restricted stock transactions

The following table sets forth contingent restricted stock unit transactions for the years ended June 30, 2025 and 2024:

Weighted

Unamortized

Average

Number of

Weighted Average

Compensation

Remaining

Aggregate Intrinsic

Restricted

Grant-Date

Expense

Amortization

Value (1)

 

    

Stock Units

    

Fair Value

    

(In thousands)

    

Period (Years)

    

(In thousands)

Unvested at June 30, 2023

96,398

$

3.49

Performance-based awards granted

102,239

1.95

Expired

(47,849)

2.19

Unvested at June 30, 2024

150,788

$

2.86

$

230

1.6

$

795

Performance-based awards granted

142,112

2.67

Forfeited

(3,394)

2.91

Expired

(47,893)

4.77

Unvested at June 30, 2025

241,613

$

2.37

$

340

1.8

$

1,136

(1)The intrinsic value of contingent restricted stock units was calculated as the closing market price on June 30, 2025 and 2024 of the underlying stock multiplied by the number of restricted shares that would be issuable.