STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 2017

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

5.    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,
	2017		2016		2017		2016
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	79	$	95	$	170	$	203
Stock appreciation rights		486		454		974		922
Restricted stock		888		829		2,314		2,203
Performance stock		568		921		937		3,115
Total stock-based compensation expense	$	2,021	$	2,299	$	4,395	$	6,443

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

During the three and six months ended December 31, 2017, the Company granted the following stock-based compensation awards:

	Three Months Ended		Six Months Ended
	December 31,	December 31,	December 31,	December 31,
	2017	2016	2017	2016
	(Number of shares)		(Number of shares)
Stock options	-	-	6,858	7,200
Stock appreciation rights	-	-	71,262	63,340
Restricted stock	-	-	50,380	44,890
Performance stock	-	-	34,010	29,830
Total equity awards granted	-	-	162,510	145,260

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

	Unrecognized		Weighted-
	compensation		average vesting
	expense		period (years)
Stock options	$	397		1.8
Stock appreciation rights		3,189		2.1
Restricted stock		6,939		3.2
Performance stock		2,424		2.0