XML 79 R69.htm IDEA: XBRL DOCUMENT v3.22.4
Share-Based Compensation - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2022
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount $ 32,700   $ 32,700   $ 200,000
Restricted Stock          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount 5,000,000   5,000,000   3,900,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value     3,200,000    
Restricted Stock | General and Administrative Expense          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Compensation expense recognized 700,000 $ 600,000 1,400,000 $ 1,000,000  
Performance-Based Restricted Stock Units (PBRSUs)          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Compensation expense recognized 200,000 183,600 400,000 300,000  
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount $ 2,600,000   2,600,000   $ 1,700,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value     $ 1,400,000    
Performance Based Restricted Stock Units | Minimum          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage     0.00%    
Performance Based Restricted Stock Units | Maximum          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage     200.00%    
Cash-Settled Restricted Stock Units          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Fair Value     $ 1,100,000    
2017 Plan          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Common Stock, Capital Shares Reserved for Future Issuance 1,455,761   1,455,761    
2020 Inducement Plan          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Common Stock, Capital Shares Reserved for Future Issuance 60,475   60,475    
NQOs          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share price (in US$ per share) $ 4.61   $ 4.61   $ 4.69
Compensation expense recognized $ 23,500 $ 200,000 $ 100,000 $ 300,000  
NQOs | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period 4 months        
Restricted Stock          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Weighted average grant date fair value, RSUs (dollars per share)     $ 6.15 $ 8.22  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value     $ 1,600,000 $ 2,200,000  
Restricted Stock | Farmer Bros. Co. Amended and Restated 2007 Long-term Incentive Plan          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period 2 years 2 months 12 days        
Performance-Based Restricted Stock Units (PBRSUs)          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period 2 years 1 month 6 days        
Weighted average grant date fair value, RSUs (dollars per share) $ 6.40 $ 8.91      
CSRSU          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount $ 1,000,000   $ 1,000,000   $ 600,000
Employee Service Share-based Compensation, Nonvested Awards, Weighted Average Remaining Amortization Period     2 years 6 months    
Employee Benefits and Share-based Compensation $ 100,000 $ 100,000 $ 100,000 100,000  
Cash-settled Restricted Stock          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period     3 years    
Weighted average grant date fair value, RSUs (dollars per share)     $ 6.40    
Cash-Settled Restricted Stock Units          
Employee Service Share-based Compensation, Allocation of Recognized Period Costs          
Weighted average grant date fair value, RSUs (dollars per share) $ 6.40 $ 8.91      
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value     $ 200,000 $ 400,000