Share-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2018

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Share Based Compensation Expense Allocation

We recorded share-based compensation within continuing operations related to the issuance of 1) restricted stock to employees and board members, and 2) stock options to a board member:

 

	Three Months Ended March 31,				Nine Months Ended March 31,
	2018		2017		2018		2017
General and administrative	$	39	$	165	$	2,086	$	513

Summary of Option Activity

A summary of the activity of our time-based, service condition stock options during the nine months ended March 31, 2018, is presented below:

Stock Options	Shares		Weighted- Average Grant Date Fair Value
Non-vested at July 1, 2017		30,881	$	13.06
Granted		15,000		5.42
Exercised		-		-
Expired		(30,881)		13.06
Non-vested at March 31, 2018		15,000	$	5.42

Summary of Activity of Fair Value Options Granted

The fair value of options granted during the nine months ended March 31, 2018 were estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions:

Expected option life (in years)	3.0
Risk-free interest rate	2.3	%
Expected volatility	31.1	%
Dividend yield	0.0	%

Service-Based Restricted Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Activity of Restricted Shares

A summary of the activity of our time-based, service condition restricted shares during the nine months ended March 31, 2018, is presented below:

Restricted Stock Awards	Shares		Weighted- Average Grant Date Fair Value
Non-vested at July 1, 2017		440,613	$	5.45
Granted		117,900		5.72
Vested		(476,013)		5.46
Forfeited		(22,500)		5.98
Non-vested at March 31, 2018		60,000	$	5.71

Performance-Based Restricted Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Activity of Restricted Shares

A summary of the activity of our performance-based, service condition restricted shares during the nine months ended March 31, 2018, is presented below:

Performance Stock Awards	Shares		Weighted- Average Grant Date Fair Value
Non-vested at July 1, 2017		50,000	$	5.49
Vested		(50,000)		5.49
Non-vested at March 31, 2018		-	$	-