EQUITY (Tables)

6 Months Ended

Dec. 31, 2018

Equity [Abstract]

Schedule of stock option granted weighted average assumptions

The fair value of options granted during the six months ended December 31, 2018 and 2017 was determined using the following assumptions:

	Six Months Ended December 31,
	2018			2017
Expected volatility (percent)	58.4		%	50.2 - 50.9%
Expected life (years)	4.5			4.0 - 4.5
Expected dividends	0.0		%	0.0		%
Risk-free interest rate (percent)	2.91		%	1.64 - 1.72%
Number of options granted	400,000			179,047
Weighted average exercise price	$	8.75		$	5.66
Weighted average grant date fair value	$	4.37		$	2.42

Schedule of stock based compensation related to the LTI plans

The Company had long-term stock incentive plans (“LTI”) in prior fiscal years for its then executive officers. Stock based compensation related to the LTI plans was as follows in the three and six months ended December 31, 2018 and 2017:

	Three months ended December 31,				Six months ended December 31,
($ in thousands)	2018		2017		2018		2017
FY18 LTI Plan	$	30	$	68	$	60	$	118
FY17 LTI Plan	26		64		51		128
FY16 LTI Plan	—		9		—		19
Total	$	56	$	141	$	111	$	265