Pay vs Performance Disclosure - USD ($)

12 Months Ended

Jun. 30, 2024

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay versus Performance

The following table reports the compensation of our CEO and the average compensation of the other Named Executive Officers (non-CEO NEOs) as reported in the Summary Compensation Table for the past three fiscal years, as well as their “compensation actually paid” as calculated pursuant to recently adopted SEC rules and certain performance measures required by the rules.

Fiscal Year(1)			Summary Compensation Table Total for CEO(2) ($)			Compensation “Actually Paid” to CEO(3) ($)			Average Summary Compensation Table Total for Non-CEO NEOs(2) ($)			Average Compensation “Actually Paid” to Non-CEO NEOs(3) ($)			Value of Initial Fixed $100 Investments Based on:						Net Income ($ in thousands)(5)			Net Revenues ($ in thousands)(6)			Adjusted EBITDA* ($ in thousands)(6)
															Company Total Shareholder Return(4) ($)			Peer Group Total Shareholder Return(4) ($)
(a)			(b)			(c)			(d)			(e)			(f)			(g)			(h)			(i)			(j)
2024			1,822,245			2,400,057			1,169,220			1,657,196			449.40			176.29			49,818			188,820			58,394
2023			1,339,208			2,488,616			602,344			1,140,988			298.22			137.07			27,127			169,997			34,295
2022			2,359,952			2,544,060			1,012,918			1,073,660			176.03			109.64			19,599			143,593			22,626
2021			1,243,026			1,324,206			556,143			667,086			155.41			144.19			15,413			114,035			20,063

(1)
The CEO and non-CEO NEOs for each year reported were as follows: Richard Soloway (PEO); Kevin Buchel, Michael Carrieri, Stephen Spinelli (Non-CEO NEO’s). Andrew J. Vuono was a non-CEO NEO only for 2024 due to being hired in June of 2024.

(2)
The 2024 Summary Compensation Table totals reflected are as reported for the CEO and the average of the non-CEO NEOs for each of the fiscal years ended June 30, 2024, 2023, and 2022.

(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).

									Option Award Adjustments
Fiscal Year(1)			Executives			Reported Summary Compensation Table (SCT) Total ($)			Stock Option Awards Deducted from SCT Totals ($)			Stock Option Awards Added to Compensation “Actually Paid” ($)			Total Compensation “Actually Paid” ($)
						(a)			(b)			(c)			(d)
2024			CEO			1,822,245			—			577,812			2,400,057
			Non-CEO NEOs			1,169,220			(674,900)			​1,162,876			​1,657,196
2023			CEO			1,339,208			(133,600)			1,283,008			2,488,616
			Non-CEO NEOs			602,344			(111,333)			649,977			1,140,988
2022			CEO			2,359,952			(1,082,600)			1,266,708			2,544,060
			Non-CEO NEOs			​1,012,918			(532,017)			592,759			​1,073,660
2021			CEO			1,243,026			—			81,180			1,324,206
			Non-CEO NEOs			556,143			(108,682)			219,626			667,086

(4)
The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on June 30, 2020. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.

(5)
Represents, in thousands, the amount of net income, reflected in the Company’s audited financial statements for the year indicated.

(6)
The Company has identified Net Revenues and Adjusted EBITDA* as our company-selected measure, as it represents the most important financial measure used to link compensation actually paid to the CEO and the non-CEO NEOs in 2024 to the Company’s performance. We define Adjusted EBITDA as GAAP net income plus income tax expense, net interest expense, non-cash stock-based expense, non-recurring legal expense, other non-recurring income and depreciation and amortization expense. Non-GAAP operating income does not include amortization of intangibles or stock-based compensation expense.

Company Selected Measure Name

Net Revenues

Named Executive Officers, Footnote

(1)
The CEO and non-CEO NEOs for each year reported were as follows: Richard Soloway (PEO); Kevin Buchel, Michael Carrieri, Stephen Spinelli (Non-CEO NEO’s). Andrew J. Vuono was a non-CEO NEO only for 2024 due to being hired in June of 2024.

Peer Group Issuers, Footnote

(4)
The Company’s TSR and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on June 30, 2020. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.

PEO Total Compensation Amount

$ 1,822,245

$ 1,339,208

$ 2,359,952

$ 1,243,026

PEO Actually Paid Compensation Amount

$ 2,400,057

2,488,616

2,544,060

1,324,206

Adjustment To PEO Compensation, Footnote

(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).

									Option Award Adjustments
Fiscal Year(1)			Executives			Reported Summary Compensation Table (SCT) Total ($)			Stock Option Awards Deducted from SCT Totals ($)			Stock Option Awards Added to Compensation “Actually Paid” ($)			Total Compensation “Actually Paid” ($)
						(a)			(b)			(c)			(d)
2024			CEO			1,822,245			—			577,812			2,400,057
			Non-CEO NEOs			1,169,220			(674,900)			​1,162,876			​1,657,196
2023			CEO			1,339,208			(133,600)			1,283,008			2,488,616
			Non-CEO NEOs			602,344			(111,333)			649,977			1,140,988
2022			CEO			2,359,952			(1,082,600)			1,266,708			2,544,060
			Non-CEO NEOs			​1,012,918			(532,017)			592,759			​1,073,660
2021			CEO			1,243,026			—			81,180			1,324,206
			Non-CEO NEOs			556,143			(108,682)			219,626			667,086

Non-PEO NEO Average Total Compensation Amount

$ 1,169,220

602,344

1,012,918

556,143

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,657,196

1,140,988

1,073,660

667,086

Adjustment to Non-PEO NEO Compensation Footnote

(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).

									Option Award Adjustments
Fiscal Year(1)			Executives			Reported Summary Compensation Table (SCT) Total ($)			Stock Option Awards Deducted from SCT Totals ($)			Stock Option Awards Added to Compensation “Actually Paid” ($)			Total Compensation “Actually Paid” ($)
						(a)			(b)			(c)			(d)
2024			CEO			1,822,245			—			577,812			2,400,057
			Non-CEO NEOs			1,169,220			(674,900)			​1,162,876			​1,657,196
2023			CEO			1,339,208			(133,600)			1,283,008			2,488,616
			Non-CEO NEOs			602,344			(111,333)			649,977			1,140,988
2022			CEO			2,359,952			(1,082,600)			1,266,708			2,544,060
			Non-CEO NEOs			​1,012,918			(532,017)			592,759			​1,073,660
2021			CEO			1,243,026			—			81,180			1,324,206
			Non-CEO NEOs			556,143			(108,682)			219,626			667,086

Compensation Actually Paid vs. Net Income

Relationship Between Pay and Performance: Compensation Actually Paid versus Company Performance

The Relationship between compensation actually paid and the Company’s financial performance over the three-year period shown in the tables above is shown in the tables below.

Compensation Actually Paid vs. Company Selected Measure

Relationship Between Pay and Performance: Compensation Actually Paid versus Company Performance

The Relationship between compensation actually paid and the Company’s financial performance over the three-year period shown in the tables above is shown in the tables below.

Total Shareholder Return Vs Peer Group

Relationship Between Pay and Performance: Compensation Actually Paid versus Company Performance

The Relationship between compensation actually paid and the Company’s financial performance over the three-year period shown in the tables above is shown in the tables below.

Total Shareholder Return Amount

$ 449.4

298.22

176.03

155.41

Peer Group Total Shareholder Return Amount

176.29

137.07

109.64

144.19

Net Income (Loss)

$ 49,818,000

$ 27,127,000

$ 19,599,000

$ 15,413,000

Company Selected Measure Amount

188,820,000

169,997,000

143,593,000

114,035,000

PEO Name

Richard Soloway

Richard Soloway

Richard Soloway

Richard Soloway

Measure:: 1

Pay vs Performance Disclosure

Name

Net Revenues

Measure:: 2

Pay vs Performance Disclosure

Compensation Actually Paid vs. Other Measure

Relationship Between Pay and Performance: Compensation Actually Paid versus Company Performance

The Relationship between compensation actually paid and the Company’s financial performance over the three-year period shown in the tables above is shown in the tables below.

Other Performance Measure, Amount

58,394,000

34,295,000

22,626,000

20,063,000

Name

Adjusted EBITDA

Non-GAAP Measure Description

We define Adjusted EBITDA as GAAP net income plus income tax expense, net interest expense, non-cash stock-based expense, non-recurring legal expense, other non-recurring income and depreciation and amortization expense. Non-GAAP operating income does not include amortization of intangibles or stock-based compensation expense.

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 0

$ (133,600)

$ (1,082,600)

$ 0

PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

577,812

1,283,008

1,266,708

81,180

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(674,900)

(111,333)

(532,017)

(108,682)

Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 1,162,876

$ 649,977

$ 592,759

$ 219,626