STOCK-BASED COMPENSATION

9 Months Ended

Mar. 31, 2019

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

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,
	2019		2018		2019		2018
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	33	$	70	$	187	$	241
Stock appreciation rights		417		482		1,592		1,456
Restricted stock		679		727		2,636		3,041
Performance stock		311		284		1,095		1,220
Total stock-based compensation expense	$	1,440	$	1,563	$	5,510	$	5,958

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

During the three and nine months ended March 31, 2019, the Company granted the following stock-based compensation awards:

	Three Months Ended		Nine Months Ended
	March 31,	March 31,	March 31,	March 31,
	2019	2018	2019	2018
	(Number of shares)		(Number of shares)
Stock options	—	—	6,430	6,858
Stock appreciation rights	3,500	—	72,860	71,262
Restricted stock	1,200	—	43,460	50,380
Performance stock (at maximum 200% attainment)	2,400	—	59,820	34,010
Total equity awards granted	7,100	—	182,570	162,510

As of March 31, 2019, 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	$	168		1.8
Stock appreciation rights		2,296		1.9
Restricted stock		5,260		3.1
Performance stock		1,062		1.6