Share-based Compensation (Tables)

3 Months Ended

Sep. 30, 2020

Share-based Compensation

Schedule of weighted average assumptions

	September 30, 2020			September 30, 2019
Risk-free interest rate		0.2	%		1.9	%
Expected volatility		82.5	%		73.7	%
Expected dividend yield		—	%		—	%
Forfeiture rate		—	%		—	%
Expected term		5.0	years		5.1	years
Weighted average fair value	$	3.86		$	4.04

Summary of stock option award activity

						Weighted
		Weighted-				Average
		Average		Aggregate		Remaining
		Exercise		Intrinsic		Contractual
(In thousands, except for weighted average price and life data)	Awards	Price		Value		Life (yrs.)
Outstanding at June 30, 2020	991	$	12.11	$	678	5.6
Granted	309	$	5.95
Exercised	(32)	$	4.16	$	48
Forfeited, expired or repurchased	(187)	$	16.56
Outstanding at September 30, 2020	1,081	$	9.81	$	186	7.8
Vested and expected to vest at September 30, 2020	408	$	14.92	$	136	5.3
Exercisable at September 30, 2020	1,079	$	9.81	$	186	7.8

Summary of non-vested restricted stock awards

		Weighted
		Average Grant -		Aggregate
(In thousands, except for weighted average price data)	Awards	date Fair Value		Intrinsic Value
Non-vested at June 30, 2020	1,344	$	8.70
Granted	870		5.72
Vested	(664)		8.75	$	3,798
Forfeited	(66)		9.32
Non-vested at September 30, 2020	1,484	$	6.90

Schedule of non-vested performance-based shares

		Weighted
		Average Grant -
(In thousands, except for weighted average price and life data)	Awards	date Fair Value
Non-vested at June 30, 2020	204	$	12.99
Granted	339	$	9.22
Performance adjustment (1)	(12)	$	25.58
Non-vested at September 30, 2020	531	$	10.29

(1) Represents the adjustment based on the performance of the September 2017 awards, which was below the Threshold goal level at the end of the three-year performance period

Schedule of allocation of share-based compensation

	Three Months Ended
	September 30,
(In thousands)	2020		2019
Selling, general and administrative expenses	$	2,714	$	3,635
Research and development expenses		155		224
Cost of sales		473		600
Total	$	3,342	$	4,459
Tax benefit at statutory rate	$	752	$	1,003