STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 2016

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

6.STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:

	Three Months Ended					Six Months Ended
	December 31,		December 31,			December 31,		December 31,
	2016		2015			2016		2015
	(Amounts in thousands)					(Amounts in thousands)
Stock options	$	95	$	115		$	203	$	224
Stock appreciation rights	454		424			922		816
Restricted stock	829		774			2,203		2,144
Performance stock	921		(91		)	3,115		2,265
Total stock-based compensation expense	$	2,299	$	1,222		$	6,443	$	5,449

Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income (loss).

During the three and six months ended December 31, 2016 and 2015, the Company granted the following stock-based compensation awards:

	Three Months Ended		Six Months Ended
	December 31,	December 31,	December 31,	December 31,
	2016	2015	2016	2015
	(Number of shares)		(Number of shares)
Stock options	—	1,125	7,200	25,437
Stock appreciation rights	—	—	63,340	97,817
Restricted stock	—	1,125	44,890	73,187
Performance stock	—	1,125	29,830	48,422
Total equity awards granted	—	3,375	145,260	244,863

As of December 31, 2016, 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	$	519	1.8
Stock appreciation rights	2,804		2.0
Restricted stock	6,793		3.2
Performance stock	2,772		1.5