EQUITY (Tables)

3 Months Ended

Sep. 30, 2018

Equity [Abstract]

Schedule of stock option granted weighted average assumptions

The fair value of options granted during the three months ended September 30, 2018 and 2017 was determined using the following assumptions:

	Three months ended September 30,
	2018			2017
Expected volatility (percent)	58.4		%	50.2 - 50.9%
Expected life (years)	4.5			4.0 - 4.5
Expected dividends	0.0		%	0.0		%
Risk-free interest rate (percent)	2.91		%	1.64 - 1.72%
Number of options granted	400,000			179,047
Weighted average exercise price	$	8.75		$	5.66
Weighted average grant date fair value	$	4.37		$	2.42

Schedule of stock based compensation related to the LTI plans

Stock based compensation related to the LTI plans was as follows in the three months ended September 30, 2018 and 2017:

	Three months ended September 30,
($ in thousands)	2018		2017
FY18 LTI Plan	$	30	$	50
FY17 LTI Plan	26		64
FY16 LTI Plan	—		9
Total	$	56	$	123