STOCK-BASED COMPENSATION

3 Months Ended

Sep. 30, 2015

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:

	For The Three Months Ended
	September 30,		September 30,
	2015		2014
	(Amounts in thousands)
Stock options	$	109	$	112
Stock appreciation rights	392		355
Restricted stock	1,370		1,170
Performance stock	2,356		812
Total stock-based compensation expense	$	4,227	$	2,449

Stock-based compensation expense is included within general and administrative in the consolidated statements of operations and comprehensive income.

During the three months ended September 30, 2015 and 2014, the Company granted the following stock-based compensation awards:

	For The Three Months Ended
	September 30,	September 30,
	2015	2014
	(Number of shares)
Stock options	24,312	19,760
Stock appreciation rights	97,817	87,890
Restricted stock	72,062	55,589
Performance stock	47,297	46,800
Total equity awards granted	241,488	210,039

As of September 30, 2015, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards was as follows:

	Unrecognized compensation expense		Weighted- average vesting period (years)
Stock options	$	831	2.2
Stock appreciation rights	3,085		2.2
Restricted stock	7,450		3.4
Performance stock	4,707		1.3