STOCK-BASED COMPENSATION

9 Months Ended

Mar. 31, 2018

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

5.    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,
	2018		2017		2018		2017
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	70	$	94	$	241	$	297
Stock appreciation rights		482		456		1,456		1,378
Restricted stock		727		800		3,041		3,004
Performance stock		284		(1,036)		1,220		2,079
Total stock-based compensation expense	$	1,563	$	314	$	5,958	$	6,758

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 nine months ended March 31, 2018, the Company granted the following stock-based compensation awards:

	Three Months Ended		Nine Months Ended
	March 31,	March 31,	March 31,	March 31,
	2018	2017	2018	2017
	(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 March 31, 2018, 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	$	307		1.7
Stock appreciation rights		2,703		1.9
Restricted stock		6,251		3.1
Performance stock		1,927		2.0