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Employee Stock Purchase Plan
12 Months Ended
Jun. 30, 2020
Employee Stock Purchase Plan [Abstract]  
Employee Stock Purchase Plan

19.Employee Stock Purchase Plan

The Company has an Employee Stock Purchase Plan for all U.S.-based employees meeting certain eligibility criteria.  Under the Plan, eligible employees may purchase shares of our common stock at 85% of the market value at the beginning of a six-month election period.  Purchases are limited to 10% of an employee's eligible compensation and the shares purchased are restricted from being sold for one year from the purchase date.  At June 30, 2020, 119,536 shares remained available under the Plan.  

Activity under this Plan is shown in the following table (in thousands, except per share amount):

 

 

 

Purchase Period Ended

 

 

 

June 30,

 

 

 

2020

 

 

2019

 

Non-cash stock-based compensation expense

 

$

4

 

 

$

10

 

Common shares purchased

 

 

4

 

 

 

1

 

Average purchase price per share

 

$

4.01

 

 

$

8.26