16.

Dividends

During the nine months ended March 31, 2016, our Board of Directors approved quarterly cash dividends as follows:

			Dividends Declared
Record Date	Payment Date	Type	Per Share		Total

September 15, 2015	September 29, 2015	Quarterly	$	0.12	$	1,146
December 15, 2015	December 29, 2015	Quarterly	$	0.12	$	1,157
March 15, 2016	March 29, 2016	Quarterly	$	0.12	$	1,159

				Total	$	3,462

As of March 31, 2016, we recorded $228 of dividends payable to holders of restricted common stock who held restricted shares at the time of the dividend record dates and still hold those restricted shares as of March 31, 2016. Such dividends will be paid when the restrictions on a holder’s restricted common shares lapse. This dividend payable is divided between current payable and non-current payable in the amounts of $72 and $156, respectively, based upon the expected vesting date of the underlying shares. These holders of restricted common stock will receive the dividend payments as long as they remain eligible at the vesting date of the shares. Dividends payable at March 31, 2016 reflect the rescission of 120,000 RSAs as described in Note 2 – Immaterial Restatement of Previously Issued Financial Statements and Reclassification. For the nine months ended March 31, 2016, $59 of dividends payable were forfeited and returned to capital for restricted shares that were forfeited prior to meeting vesting requirements. Because the participants are not entitled to these dividends unless they complete the requisite service period for the shares to vest, they are not “participating dividends” as defined under ASC Topic 260-10, Earnings per Share.