STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 2018

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,
	2018		2017		2018		2017
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	33	$	79	$	154	$	170
Stock appreciation rights		408		486		1,175		974
Restricted stock		677		888		1,956		2,314
Performance stock		507		568		785		937
Total stock-based compensation expense	$	1,625	$	2,021	$	4,070	$	4,395

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

During the three and six months ended December 31, 2018, the Company granted the following stock-based compensation awards:

	Three Months Ended		Six Months Ended
	December 31,	December 31,	December 31,	December 31,
	2018	2017	2018	2017
	(Number of shares)		(Number of shares)
Stock options	—	—	6,430	6,858
Stock appreciation rights	—	—	69,360	71,262
Restricted stock	—	—	42,260	50,380
Performance stock (at maximum 200% attainment)	—	—	57,420	68,020
Total equity awards granted	—	—	175,470	196,520

As of December 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	$	197		2.0
Stock appreciation rights		2,581		2.0
Restricted stock		5,744		3.2
Performance stock		1,307		1.7