Share-based Compensation (Tables)

9 Months Ended

Mar. 31, 2022

Share-based Compensation

Schedule of weighted average assumptions

	Nine Months Ended
	March 31, 2021
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	(96)	$	15.24
Outstanding at March 31, 2022	947	$	8.95	$	—	6.6
Vested and expected to vest at March 31, 2022	947	$	8.95	$	—	6.6
Exercisable at March 31, 2022	542	$	10.95	$	—	5.8

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, 2021	1,350	$	6.75
Granted	1,110		4.14
Vested	(1,000)		5.97	$	3,788
Forfeited	(90)		5.66
Non-vested at March 31, 2022	1,370	$	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 March 31, 2022	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				Nine Months Ended
	March 31,				March 31,
(In thousands)	2022		2021		2022		2021
Selling, general and administrative expenses	$	1,501	$	1,411	$	6,313	$	5,632
Research and development expenses		29		132		151		419
Cost of sales		169		320		562		1,145
Total	$	1,699	$	1,863	$	7,026	$	7,196
Tax benefit at statutory rate	$	382	$	419	$	1,581	$	1,619