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Share-Based Compensation (Tables)
 12 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
The following is a summary of stock option activity for the years ended June 30, 2016, 2015, and 2014:
 
Options (in thousands)
 
Weighted
Average
Exercise Price
 
Weighted
Average Remaining
Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2013
1,002

 
$
7.56

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(200
)
 
4.83

 

 
$
2,282

Forfeited
(67
)
 
12.88

 

 
 
Expired or Canceled
—

 
—

 

 
 
Outstanding at June 30, 2014
735

 
8.23

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(22
)
 
5.04

 

 
$
60

Forfeited
(251
)
 
9.18

 

 
 
Expired or Canceled
—

 
—

 

 
 
Outstanding at June 30, 2015
462

 
7.87

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(46
)
 
5.66

 

 
$
209

Forfeited
(33
)
 
17.85

 

 
 
Expired or Canceled
—

 
—

 
 
 
 
Outstanding at June 30, 2016
383

 
7.28

 
3.87
 
$
2,765

Exercisable at June 30, 2016
383

 
$
7.28

 
3.87
 
$
2,765
Schedule of Nonvested Restricted Shares
The following is a summary of restricted shares granted during the years ended June 30, 2016, 2015, and 2014:
Nonvested Shares
 
Shares (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2013
 
391

 
18.10

 
 
 
 
 
Granted
 
32

 
$
12.51

Vested
 
(109
)
 
18.56

Forfeited
 
(68
)
 
17.82

Nonvested at June 30, 2014
 
246

 
17.25

Vested at June 30, 2014
 
—

 
—

 
 
 
 
 
Granted
 
189

 
$
5.57

Vested
 
(75
)
 
16.57

Forfeited
 
(110
)
 
15.54

Nonvested at June 30, 2015
 
250

 
9.36

Vested at June 30, 2015
 
—

 
—

 
 
 
 
 
Granted
 
60

 
$
5.94

Vested
 
(40
)
 
15.64

Forfeited
 
(39
)
 
16.21

Nonvested at June 30, 2016
 
231

 
6.24

Vested at June 30, 2016
 
—

 
—
Share-based Awards other Than Option Fair Value Valuation Assumptions
The fair values of Performance Stock Units granted during the years ended June 30, 2016 and 2015 were estimated using a Monte Carlo simulation model which included the following assumptions in order to reflect the performance conditions that must be satisfied for the share units to vest:
 
June 30, 2016
 
June 30, 2015
Risk-free interest rate
1.31
%
 
1.07
%
Dividend yield
—
%
 
—
%
Expected volatility - Company
55.5
%
 
54.1
%
Expected volatility - peer company
15.7
%
 
15.7
%
Total measurement period (years)
3.0

 
3.0
Summary of Nonvested Restricted Stock Units
The following is a summary of Performance Stock Units granted during the years ended June 30, 2016 and 2015:
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2014
—

 
—

 
 
 
 
Granted
229

 
$
10.76

Vested
—

 
—

Forfeited
(114
)
 
10.76

Nonvested at June 30, 2015
115

 
10.76

 
 
 
 
Granted
848

 
$
12.30

Vested
(15
)
 
10.76

Forfeited
(485
)
 
11.25

Nonvested at June 30, 2016
463

 
13.07

Vested at June 30, 2016
—

 
—
Schedule of Performance Share Units Activity
The following is a summary of cash-settled performance units granted during the years ended June 30, 2016, 2015, and 2014:
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Outstanding at June 30, 2013, nonvested
—

 

 
 
 
 
Granted
35

 
$
10.36

Vested
(31
)
 
—

Forfeited
(4
)
 
$
10.57

Outstanding at June 30, 2014, nonvested
—

 

 
 
 
 
Granted
69

 
$
8.05

Vested
(51
)
 
—

Forfeited
(18
)
 
$
8.12

Outstanding at June 30, 2015, nonvested
—

 

 
 
 
 
Granted
77

 
$
8.47

Vested
(13
)
 
—

Forfeited
(13
)
 
$
8.30

Outstanding at June 30, 2016, nonvested
51

 
Summary of the Warrants Granted
The following is a summary of the warrant activity for the years ended June 30, 2016, 2015, and 2014 (in thousands):
 
Common
Stock
Warrants
Outstanding and exercisable, June 30, 2013
1,177

 
 
Issued
—

Canceled
—

Exercised
(571
)
Expired
—

Outstanding and exercisable, June 30, 2014
606

 
 
Issued
—

Canceled
—

Exercised
(519
)
Expired
—

Outstanding and exercisable, June 30, 2015
87

 
 
Issued
—

Canceled
—

Exercised
(7
)
Expired
—

Outstanding and exercisable, June 30, 2016
80