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Stock-Based Incentive Plan (Tables)
3 Months Ended
Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of information regarding outstanding Stock Options and Incentive Warrants and the changes during the fiscal year
The following summary presents information regarding outstanding Stock Options as of September 30, 2015, and the changes during the period:
 
Number of Stock
Options
and Incentive
Warrants
 
Weighted Average
Exercise Price
 
Aggregate
Intrinsic Value
(1)
 
Weighted
Average
Remaining
Contractual
Term (in
years)
Stock Options outstanding at July 1, 2015
91,061

 
$
2.50

 
 

 
 
Exercised

 


 
 

 
 
Expired
(5,830
)
 
4.02

 
 
 
 
   Stock Options outstanding at September 30, 2015
85,231

 
2.40

 
$
268,376

 
1.2
   Vested or expected to vest at September 30, 2015
85,231

 
2.40

 
$
268,376

 
1.2
   Exercisable at September 30, 2015
85,231

 
$
2.40

 
$
268,376

 
1.2
(1) Based upon the difference between the market price of our common stock on the last trading date of the period ($5.55 as of September 30, 2015) and the Stock Option exercise price of in-the-money Stock Options.
Schedule of Restricted Stock transactions
Unvested Contingent Restricted Stock awards at September 30, 2015 consisted of the following:
Award Type
 
Number of
Restricted
Shares
 
Weighted
Average
Grant-Date
Fair Value
Performance-based awards granted
 
38,325

 
$
10.05

Market-based awards granted
 
17,961

 
4.26

Unvested at September 30, 2015
 
56,286

 
$
8.20

Unvested Restricted Stock awards at September 30, 2015 consisted of the following:
Award Type
 
Number of
Restricted
Shares
 
Weighted
Average
Grant-Date
Fair Value
Service-based awards
 
119,747

 
9.53

Performance-based awards
 
76,642

 
10.05

Market-based awards
 
35,914

 
7.59

Unvested at September 30, 2015
 
232,303

 
$
9.40

Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
The following table sets forth the Restricted Stock transactions for the three months ended September 30, 2015:
 
Number of
Restricted
Shares
 
Weighted
Average
Grant-Date
Fair Value
 
Unamortized Compensation Expense at September 30, 2015 (1)
 
Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2015
262,227

 
$
9.37

 
 
 
 
Vested
(29,924
)
 
9.08

 
 
 
 
Unvested at September 30, 2015
232,303

 
$
9.40

 
$
1,094,721

 
2.2

(1) Excludes $770,252 of potential future compensation expense for performance-based awards for which vesting is not considered probable at this time for accounting purposes.
Contingent Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
 
Number of
Restricted
Stock Units
 
Weighted
Average
Grant-Date
Fair Value
 
Unamortized Compensation Expense at September 30, 2015 (1)
 
Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2015
56,286

 
$
8.20

 
 
 
 
Unvested at September 30, 2015
56,286

 
$
8.20

 
$
51,158

 
2.2
(1) Excludes $385,166 of potential future compensation expense for performance-based awards for which vesting is not considered probable at this time for accounting purposes.