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Capital Stock (Tables)
3 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Summary of Option Activity Under Stock Incentive and Compensation Plan

A summary of option activity under the Stock Incentive and Compensation Plan  as of September 30, 2015, and changes during the three month period ended is presented below.

 

Options

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted-Average Remaining Contractual Term

 

 

Aggregate Intrinsic Value ($)

 

Outstanding at July 1, 2015

 

 

995,000

 

 

$

1.53

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at September 30, 2015

 

 

995,000

 

 

$

1.53

 

 

 

4.75

 

 

 

 

Exercisable at September 30, 2015

 

 

331,670

 

 

$

1.53

 

 

 

4.75

 

 

 

 

 

Summary of Status of Non-Vested Shares

A summary of the status of Paramount’s non-vested shares as of June 30, 2015 and changes during the year ended June 30, 2015 is presented below.

 

Nonvested Options

 

Shares

 

 

Weighted-

Average Grant-Date Fair

Value

 

Nonvested at July 1, 2015

 

 

663,330

 

 

$

1.13

 

Granted

 

 

 

 

 

 

Vested

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

Nonvested at September 30, 2015

 

 

663,330

 

 

$

1.13