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Dividends
6 Months Ended
Dec. 31, 2017
Dividends [Abstract]  
Dividends
10.
Dividends
 
During the six months ended December 31, 2017, our Board approved quarterly cash dividends as follows:
 
 
 
 
 
 
 
Dividends Declared
 
Record Date
 
Payment Date
 
Type
 
Per Share
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
September 12, 2017
 
September 26, 2017
 
Quarterly
 
$
0.12
 
$
1,187
 
December 14, 2017
 
December 28, 2017
 
Quarterly
 
$
0.12
 
 
1,191
 
 
 
 
 
 
 
 
Total
 
$
2,378
 
 
As a result of the sale of our Content Delivery business on December 31, 2017 (see Note 4 – Discontinued Operations) and the acceleration of vesting of substantially all of the previously non-vested restricted stock awards, substantially all of our accrued dividends payable are classified as a currently payable as of December 31, 2017.
 
 
 
December 31
 
June 30,
 
Dividends Payable
 
2017
 
2017
 
Current
 
$
346
 
$
60
 
Non-current
 
 
2
 
 
225
 
 
 
$
348
 
$
285
 
  
For the six months ended December 31, 2017, $8 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.