STOCK-BASED COMPENSATION

3 Months Ended

Sep. 30, 2021

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.    STOCK-BASED COMPENSATION

We recognized stock-based compensation expense as follows:

	Three Months Ended
	September 30,		September 30,
	2021		2020
		(Amounts in thousands)
Stock options	$	16	$	15
Stock appreciation rights		414		371
Restricted stock		1,116		997
Performance stock		(43)		110
Total stock-based compensation expense	$	1,503	$	1,493

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, 2021, and 2020, we granted the following stock-based compensation awards:

		Three Months Ended
		September 30,		September 30,
	2021		2020
		(Number of shares)
Stock options		—		2,860
Stock appreciation rights		—		64,100
Restricted stock		50,604		26,104
Performance stock (at maximum 200% attainment)		73,200		35,380
Total equity awards granted		123,804		128,444

As of September 30, 2021, 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	$	78		1.8
Stock appreciation rights		2,019		1.6
Restricted stock		8,237		2.9
Performance stock		5,565		2.6