Share-based Compensation (Tables)

6 Months Ended

Dec. 31, 2021

Share-based Compensation

Schedule of weighted average assumptions

	Six Months Ended
	December 31, 2020
Risk-free interest rate		0.2	%
Expected volatility		82.5	%
Expected dividend yield		—	%
Forfeiture rate		—	%
Expected term		5.0	years
Weighted average fair value	$	3.86

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, 2021	1,046	$	9.51	$	25	7.2
Exercised	(3)	$	3.55	$	2
Forfeited, expired or repurchased	(11)	$	7.62
Outstanding at December 31, 2021	1,032	$	9.55	$	—	6.8
Vested and expected to vest at December 31, 2021	1,032	$	9.55	$	—	6.8
Exercisable at December 31, 2021	626	$	11.67	$	—	5.9

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, 2021	1,350	$	6.75
Granted	1,110		4.14
Vested	(973)		5.98	$	3,765
Forfeited	(83)		5.72
Non-vested at December 31, 2021	1,404	$	5.28

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, 2021	531	$	10.29
Granted	617	$	6.04
Performance adjustment (1)	(40)	$	17.69
Vested	(58)	$	7.72
Non-vested at December 31, 2021	1,050	$	7.65

(1) Represents the adjustment based on the performance of the July 2018 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				Six Months Ended
	December 31,				December 31,
(In thousands)	2021		2020		2021		2020
Selling, general and administrative expenses	$	2,115	$	1,507	$	4,812	$	4,221
Research and development expenses		27		132		122		287
Cost of sales		167		352		393		825
Total	$	2,309	$	1,991	$	5,327	$	5,333
Tax benefit at statutory rate	$	519	$	448	$	1,199	$	1,200