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Dividends
12 Months Ended
Jun. 30, 2017
Dividends [Abstract]  
Dividends
14.
Dividends
 
During fiscal years 2017 and 2016, we declared and paid four cash dividends. Future dividends are subject to declaration by our Board of Directors. Cash dividends declared on our common stock during fiscal year 2017 are summarized in the following table:
 
 
 
 
 
 
 
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
 
June 13, 2017
 
June 27, 2017
 
Quarterly
 
$
0.12
 
$
1,182
 
 
 
 
 
 
 
 
Total
 
$
4,734
 
 
As of June 30, 2017, we recorded $285 of dividends payable to holders of restricted common stock who held restricted shares at the time of the dividend record dates and still held those restricted shares as of June 30, 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 $60 and $225, 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 fiscal year 2017, $120 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.