STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 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						For The Six Months Ended
	December 31,			December 31,			December 31,		December 31,
	2015			2014			2015		2014
	(Amounts in thousands)						(Amounts in thousands)
Stock options	$	115		$	106		$	224	$	219
Stock appreciation rights	424			338			816		693
Restricted stock	774			157			2,144		1,327
Performance stock	(91		)	(226		)	2,265		585
Total stock-based compensation expense	$	1,222		$	375		$	5,449	$	2,824

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

During the three and six months ended December 31, 2015 and 2014, the Company granted the following stock-based compensation awards:

	For The Three Months Ended		For The Six Months Ended
	December 31,	December 31,	December 31,	December 31,
	2015	2014	2015	2014
	(Number of shares)		(Number of shares)
Stock options	1,125	—	25,437	19,760
Stock appreciation rights	—	—	97,817	87,890
Restricted stock	1,125	—	73,187	55,589
Performance stock	1,125	—	48,422	46,800
Total stock-based compensation expense	3,375	—	244,863	210,039

As of December 31, 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	$	735	2.1
Stock appreciation rights	2,707		2.0
Restricted stock	6,817		3.3
Performance stock	4,014		1.6