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Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Following are the assumptions used in the Black-Scholes valuation model for NQOs granted on the date of the grant during the fiscal years ended June 30, 2021, 2020 and 2019:
 Year Ended June 30,
 202120202019
Weighted average fair value of NQOs$2.36 $4.24 $7.78 
Risk-free interest rate0.3 %1.5 %3.0 %
Dividend yield— %— %— %
Average expected term4.6 years4.6 years4.6 years
Expected stock price volatility35.4 %35.4 %29.6 %
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes NQO activity for the year ended June 30, 2021:
Outstanding NQOs:Number
of NQOs
Weighted
Average
Exercise
Price ($)
Weighted
Average
Remaining
Life
(Years)
Aggregate
Intrinsic
Value
($ in thousands)
Outstanding at June 30, 2020528,958 13.926.2155 
Granted29,761 6.72— 
Exercised— — 
Forfeited(34,319)17.14— 
Expired(11,075)24.80— 
Outstanding at June 30, 2021513,325 13.065.17706 
Exercisable at June 30, 2021179,296 14.614.72174 
The following table summarizes PNQ activity for the year ended June 30, 2021:
Outstanding PNQs:Number
of
PNQs
Weighted
Average
Exercise
Price ($)
Weighted
Average
Remaining
Life
(Years)
Aggregate
Intrinsic
Value
($ in 
thousands)
Outstanding at June 30, 202013,630 28.602.36— 
Granted— — 
Exercised— — 
Forfeited— — 
Expired(1,880)21.33— 
Outstanding at June 30, 202111,750 29.760.71— 
Exercisable at June 30, 202111,750 29.760.71— 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity The following table summarizes restricted stock activity for the year ended June 30, 2021:
Outstanding and Nonvested Restricted Stock Awards:
Shares
Awarded
Weighted
Average
Grant Date
Fair Value
($)
Outstanding and nonvested at June 30, 2020218,604 12.95
Granted709,473 10.10
Exercised/Released(121,021)24.21
Cancelled/Forfeited(125,486)6.17
Outstanding and nonvested at June 30, 2021681,570 10.47
The following table summarizes PBRSU activity for the year ended June 30, 2021:
Outstanding and Nonvested PBRSUs:
PBRSUs
Awarded
Weighted
Average
Grant Date
Fair Value
($)
Outstanding and nonvested at June 30, 202081,337 15.78
Granted306,095 4.10
Vested/Released(805)31.70
Cancelled/Forfeited(32,161)9.97
Outstanding and nonvested at June 30, 2021354,466 6.06
The following table summarizes CSRSU activity during the year ended June 30, 2021:
Outstanding and Nonvested CSRSUs:
CSRSUs
Awarded
Weighted
Average
Grant Date
Fair Value
($)
Outstanding and nonvested at June 30, 2020— 
Granted232,002 4.31
Vested/Released— 
Cancelled/Forfeited(46,400)4.31
Outstanding and nonvested at June 30, 2021185,602 4.31