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Stock-Based Compensation
6 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Stock Options
Changes in our stock options for the six months ended December 31, 2025 were as follows:
OptionsWeighted Average Exercise PriceWeighted Average Remaining Life (years)Aggregate Intrinsic Value (in thousands)
Options outstanding, June 30, 2025
101,947 $30.20 
Exercised— — 
Lapsed or forfeited(87,947)31.69   
Options outstanding, December 31, 2025
14,000 $20.87 0.2$106 
Options vested, December 31, 2025
14,000 $20.87 0.2$106 
Options exercisable, December 31, 2025
14,000 $20.87 0.2$106 
As of December 31, 2025 and June 30, 2025, there was no unrecognized compensation cost related to options outstanding, and all options were fully vested as of December 31, 2025 and June 30, 2025.
There was no cash received from the exercise of options during the six months ended December 31, 2025 and 2024. The total intrinsic value of options exercised during the six months ended December 31, 2025 and 2024 was zero.
Restricted Stock Units – Performance Vesting and Time Vesting
Changes in our performance vesting and time vesting restricted stock units for the six months ended December 31, 2025 were as follows:
Performance Vesting Stock UnitsPerformance Vesting Weighted Average Fair ValueTime Vesting Stock UnitsTime Vesting Weighted Average Fair Value
Unvested, June 30, 2025
568,332 $24.76 1,197,215 $25.50 
Granted365,215 21.04 1,168,845 21.07 
Vested(244,574)27.15 (659,237)25.58 
Performance metric adjustments, net(38,930)26.28 — — 
Forfeited(4,805)23.09 (26,645)23.72 
Unvested, December 31, 2025
645,238 $21.66 1,680,178 $22.42 
During the six months ended December 31, 2025 and 2024, compensation expense related to time vesting and performance vesting restricted stock units was $16.0 million and $12.3 million, respectively. Performance vesting stock units were adjusted by 38,930 units during the six months ended December 31, 2025 related to the fiscal 2025 performance year. As of December 31, 2025, the total unrecognized compensation cost related to unvested time vesting and performance vesting restricted stock units was $34.7 million and is expected to be recognized over a weighted average period of 1.8 years.