EQUITY (Tables)

3 Months Ended

Sep. 30, 2019

Equity [Abstract]

Schedule of stock option granted weighted average assumptions

The fair value of options granted during the three months ended September 30, 2018 was determined using the following assumptions:

	Three months ended September 30,
	2018
Expected volatility (percent)	58.4		%
Expected life (years)	4.5
Expected dividends	0.0		%
Risk-free interest rate (percent)	2.91		%
Number of options granted	400,000
Weighted average exercise price	$	8.75
Weighted average grant date fair value	$	4.37

Schedule of stock based compensation related to the LTI plans

Stock based compensation related to the LTI plans was as follows in the three months ended September 30, 2019 and 2018:

	Three months ended September 30,
($ in thousands)	2019		2018
FY18 LTI Plan	$	8	$	30
FY17 LTI Plan	—		26
Total	$	8	$	56