STOCK-BASED COMPENSATION

3 Months Ended

Sep. 30, 2019

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.    STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:

	Three Months Ended
	September 30,		September 30,
	2019		2018
		(Amounts in thousands)
Stock options	$	31	$	120
Stock appreciation rights		442		766
Restricted stock		1,243		1,280
Performance stock		385		278
Total stock-based compensation expense	$	2,101	$	2,444

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

During the three months ended September 30, 2019 and 2018, the Company granted the following stock-based compensation awards:

	Three Months Ended
	September 30,	September 30,
	2019	2018
	(Number of shares)
Stock options	1,604	6,430
Stock appreciation rights	46,726	69,360
Restricted stock	23,976	42,260
Performance stock (at maximum 200% attainment)	28,560	57,420
Total equity awards granted	100,866	175,470

As of September 30, 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	$	160		1.9
Stock appreciation rights		3,012		2.2
Restricted stock		6,140		3.3
Performance stock		2,522		2.1