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Dividends
6 Months Ended
Dec. 31, 2016
Dividends [Abstract]  
Dividends
15.
Dividends
 
During the six months ended December 31, 2016, our Board approved quarterly cash dividends as follows:
 
 
 
 
 
 
 
 
Dividends Declared
 
Record Date
 
Payment Date
 
Type
 
Per Share
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 13, 2016
 
September 27, 2016
 
 
Quarterly
 
$
0.12
 
$
1,182
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 14, 2016
 
December 28, 2016
 
 
Quarterly
 
$
0.12
 
$
1,187
 
 
 
 
 
 
 
 
 
 
 
$
2,369
 
 
As of December 31, 2016, we recorded $336 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 December 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 $100 and $236, 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. For the six months ended December 31, 2016, $25 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.