STOCK-BASED COMPENSATION

9 Months Ended

Mar. 31, 2020

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.    STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:

	Three Months Ended				Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2020		2019		2020		2019
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	94	$	33	$	151	$	187
Stock appreciation rights		1,365		417		2,237		1,592
Restricted stock		2,659		679		4,599		2,636
Performance stock		526		311		1,296		1,095
Total stock-based compensation expense	$	4,644	$	1,440	$	8,283	$	5,510

Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income.

During the three and nine months ended March 31, 2020, the Company granted the following stock-based compensation awards:

	Three Months Ended		Nine Months Ended
	March 31,	March 31,	March 31,	March 31,
	2020	2019	2020	2019
	(Number of shares)		(Number of shares)
Stock options	—	—	1,604	6,430
Stock appreciation rights	6,890	3,500	53,616	72,860
Restricted stock	2,050	1,200	26,026	43,460
Performance stock (at maximum 200% attainment)	4,280	2,400	32,840	59,820
Total equity awards granted	13,220	7,100	114,086	182,570

As of March 31, 2020, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards were as follows:

	Unrecognized		Weighted-
	compensation		average vesting
	expense		period (years)
Stock options	$	55		1.6
Stock appreciation rights		1,790		2.0
Restricted stock		3,736		3.2
Performance stock		1,795		2.3