Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2019

Stock-Based Compensation [Abstract]

Summarized Stock Option Activity

				Weighted
			Weighted	average		Weighted
			average	remaining	Aggregate	average
			exercise	contractual	intrinsic	grant date
	Number of		price	term	value	fair value
	shares		($)	(in years)	($'000)	($)
Outstanding – June 30, 2018	809,274		13.99	2.67	370	4.20
Granted – September 2018	600,000		6.20	10.00	1,212	2.02
Forfeitures	(278,386	)	19.16			5.00
Outstanding – March 31, 2019	1,130,888		8.60	6.33	-	2.70
Outstanding – June 30, 2017	846,607		13.87	3.80	486	4.21
Forfeitures	(37,333	)	11.23			4.55
Outstanding – March 31, 2018	809,274		13.99	2.92	427	4.20

The following table presents stock options vested and expected to vest as of March 31, 2019:

			Weighted
		Weighted	average
		average	remaining	Aggregate
		exercise	contractual	intrinsic
	Number of	price	term	value
	shares	($)	(in years)	($'000)
Vested and expected to vest – March 31, 2019	1,130,888	8.60	6.33	-

			Weighted
		Weighted	average
		average	remaining	Aggregate
		exercise	contractual	intrinsic
	Number of	price	term	value
	shares	($)	(in years)	($'000)
Exercisable – March 31, 2019	547,888	11.13	2.97	-

Range Of Assumptions Used To Value Options Granted

	Nine months
	ended
	March 31,
	2019
Expected volatility	44	%
Expected dividends	0	%
Expected life (in years)	3
Risk-free rate	2.75	%

Restricted Stock Activity

	Number of		Weighted
	shares of		average grant
	restricted		date fair value
	stock		($'000)
Non-vested – June 30, 2018	765,411		6,162
Granted – September 2018	148,000		114
Total Vested	(64,003	)	503
Vested – August 2018	(52,594	)	459
Vested – March 2019	(11,409	)	44
Forfeitures	(18,000	)	70
Non-vested – March 31, 2019	831,408		5,496
Non-vested – June 30, 2017	505,473		11,173
Total Granted	611,411		4,522
Granted – August 2017	588,594		4,288
Granted – March 2018	22,817		234
Vested – August 2017	(56,250	)	527
Total Forfeitures	(125,961	)	1,491
Forfeitures	(30,635	)	358
Forfeitures – August and November 2014 awards with market conditions	(95,326	)	1,133
Non-vested – March 31, 2018	934,673		9,608

Recorded Net Stock Compensation Charge

					Allocated to cost
					of goods sold, IT		Allocated to
					processing,		selling, general
		Total			servicing and		and
		charge			support		administration
Three months ended March 31, 2019
Stock-based compensation charge	$	578			-	$	578
Reversal of stock compensation charge related to
restricted stock and stock options forfeited	$	(91	)		-	$	(91	)
Total – three months ended March 31, 2019	$	487		$	-	$	487
Three months ended March 31, 2018
Stock-based compensation charge	$	575		$	-	$	575
Total – three months ended March 31, 2018	$	575		$	-	$	575

					Allocated to cost
					of goods sold, IT		Allocated to
					processing,		selling, general
		Total			servicing and		and
		charge			support		administration
Nine months ended March 31, 2019
Stock-based compensation charge	$	1,763		$	-	$	1,763
Reversal of stock compensation charge related to
restricted stock and stock options forfeited		(91	)		-		(91	)
Total – nine months ended March 31, 2019	$	1,672		$	-	$	1,672
Nine months ended March 31, 2018
Stock-based compensation charge	$	2,052		$	-	$	2,052
Reversal of stock compensation charge related to
stock options forfeited		(42	)		-		(42	)
Total – nine months ended March 31, 2018	$	2,010		$	-	$	2,010