EQUITY (Tables)

9 Months Ended

Mar. 31, 2019

Equity [Abstract]

Schedule of stock option granted weighted average assumptions

The fair value of options granted during the nine months ended March 31, 2019 and 2018 was determined using the following assumptions:

	Nine months ended March 31,
	2019			2018
Expected volatility (percent)	58.4 - 70.9%			50.2 - 50.9%
Expected life (years)	4.5			4.5
Expected dividends	0.0		%	0.0		%
Risk-free interest rate (percent)	2.23 - 2.91%			1.64 - 1.75%
Number of options granted	420,000			179,047
Weighted average exercise price	$	8.52		$	5.66
Weighted average grant date fair value	$	4.27		$	2.42

Schedule of stock based compensation related to the LTI plans

Stock based compensation related to the LTI plans was as follows in the three and nine months ended March 31, 2019 and 2018:

	Three months ended March 31,				Nine months ended March 31,
($ in thousands)	2019		2018		2019		2018
FY18 LTI Plan	$	30	$	77	$	91	$	195
FY17 LTI Plan	17		64		68		192
FY16 LTI Plan	—		9		—		28
Total	$	47	$	150	$	159	$	415