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Dividends
9 Months Ended
Mar. 31, 2017
Dividends [Abstract]  
Dividends
15.
Dividends
 
During the nine months ended March 31, 2017, 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
 
 
 
 
 
 
 
 
 
 
 
 
 
March 14, 2017
 
March 28, 2017
 
Quarterly
 
$
0.12
 
$
1,183
 
 
 
 
 
 
 
 
 
 
$
3,552
 
 
As of March 31, 2017, we recorded $367 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, 2017. 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 $102 and $265, 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 nine months ended March 31, 2017, $66 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.