STOCK-BASED COMPENSATION

9 Months Ended

Mar. 31, 2017

6. STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:


	Three Months Ended				Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2017		2016		2017		2016
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	94	$	116	$	297	$	339
Stock appreciation rights		456		430		1,378		1,246
Restricted stock		800		747		3,004		2,892
Performance stock		(1,036)		1,047		2,079		3,312
Total stock-based compensation expense	$	314	$	2,340	$	6,758	$	7,789

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

As of March 31, 2017, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards was as follows:


	Unrecognized		Weighted-
	compensation		average vesting
	expense		period (years)
Stock options	$	430		1.6
Stock appreciation rights		2,394		1.9
Restricted stock		6,107		3.1
Performance stock		2,215		1.4

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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