XML 65 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2018
Stock-Based Compensation [Abstract]  
Summarized Stock Option Activity

     The following table summarizes stock option activity for the years ended June 30, 2018, 2017 and 2016:

        Weighted        
        Average       Weighted
      Weighted Remaining   Aggregate   Average
      average Contractual   Intrinsic   Grant
  Number of   exercise Term   Value   Date Fair
  shares   price ($) (in years) ($'000) Value ($)
Outstanding – July 1, 2015 2,401,169   15.34 4.74   11,516    
Exercised (323,645 ) 11.62     2,669    
Outstanding – June 30, 2016 2,077,524   15.92 3.65   926    
Exercised (321,026 ) 8.97     3,607    
Expired unexercised (474,443 ) 22.51     -    
Forfeitures (435,448 ) 17.88     -    
Outstanding – June 30, 2017 846,607   13.87 3.80   486    
Forfeitures (37,333 ) 11.23     -    
Outstanding – June 30, 2018 809,274   13.99 2.67   370    

 

     The following table presents stock options that are exercisable as of June 30, 2018:

      Weighted      
      Average      
    Weighted Remaining   Aggregate  
    average Contractual   Intrinsic  
  Number of exercise Term   Value  
  shares price ($) (in years) ($'000)
Exercisable – June 30, 2018 809,274 13.99 2.67   370  
Restricted Stock Activity
  Number of     Weighted  
  Shares of     Average Grant  
  Restricted     Date Fair Value  
  Stock   ($'000)
Non-vested – July 1, 2015 341,529     1,759  
Granted – August 2015 319,492     6,406  
Vested – August 2015 (71,574 )   1,435  
Non-vested – June 30, 2016 589,447     7,622  
Total granted 389,587     4,172  
Granted – August 2016 387,000     4,145  
Granted – May 2017 2,587     27  
Total vested (268,091 )   2,590  
Vested – August 2016 (68,091 )   694  
Vested – June 2017 (200,000 )   1,896  
Forfeitures (205,470 )   2,219  
Non-vested – June 30, 2017 505,473     11,173  
Total granted 618,411     4,581  
Granted – August 2017 588,594     4,288  
Granted – March 2018 22,817     234  
Granted – May 2018 7,000     59  
Vested – August 2017 (56,250 )   527  
Total forfeitures (302,223 )   3,222  
Forfeitures – employee terminations (33,635 )   516  
Forfeitures – August and November 2014 awards with market conditions (95,326 )   1,133  
Forfeitures – August 2015 awards with performance conditions (173,262 )   1,573  
Non-vested – June 30, 2018 765,411     6,162  
Recorded Net Stock Compensation (Reversal) Charge
        Allocated to      
        cost of goods      
        sold, IT   Allocated to  
    Total   processing,   selling,  
    charge   servicing   general and  
    (reversal)   and support   administration  
Year ended June 30, 2018              
Stock-based compensation charge $ 2,656   $ - $ 2,656  
Reversal of stock compensation charge related to restricted stock              
forfeited   (49 ) -   (49 )
Total – year ended June 30, 2018 $ 2,607   $ - $ 2,607  
Year ended June 30, 2017              
Stock-based compensation charge $ 3,905   $ - $ 3,905  
Reversal of stock compensation charge related to stock options              
and restricted stock forfeited   (1,923 ) -   (1,923 )
Total – year ended June 30, 2017 $ 1,982   $ - $ 1,982  
Year ended June 30, 2016          
Stock-based compensation charge $ 3,598 $ - $ 3,598
Total – year ended June 30, 2016 $ 3,598 $ - $ 3,598