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Stock-Based Compensation and Incentive Performance Plans (Tables)
12 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Compensation Cost and Related Income Tax Benefits Recognized
Compensation cost and related income tax benefits recognized in the Consolidated Statements of Operations for stock-based compensation plans were as follows:
  
Fiscal Year Ended June 30,
 
2019
 
2018
 
2017
Selling, general and administrative expense
$
9,503

 
$
13,380

 
$
9,658

Chief Executive Officer Succession Plan expense, net
429

 
(2,203
)
 

Discontinued operations
133

 

 

Total compensation cost recognized for stock-based compensation plans
$
10,065

 
$
11,177

 
$
9,658

Related income tax benefit
$
1,189

 
$
2,165

 
$
3,622

Non-Vested Restricted Stock and Restricted Share Unit Awards
A summary of the restricted stock and restricted share units activity for the three fiscal years ended June 30 is as follows:
 
2019
 
Weighted
Average 
Grant
Date Fair 
Value
(per share)
 
2018
 
Weighted
Average 
Grant
Date Fair 
Value
(per share)
 
2017
 
Weighted
Average 
Grant
Date Fair 
Value
(per share)
Non-vested restricted stock and restricted share units - beginning of year
1,057

 
$22.29
 
992

 
$27.59
 
1,121

 
$28.24
Granted
4,088

 
$7.11
 
685

 
$26.13
 
195

 
$33.68
Vested
(411
)
 
$27.36
 
(433
)
 
$36.68
 
(290
)
 
$33.89
Forfeited
(374
)
 
$18.33
 
(187
)
 
$31.15
 
(34
)
 
$29.88
Non-vested restricted stock and restricted share units - end of year
4,360

 
$7.92
 
1,057

 
$22.29
 
992

 
$27.59
Restricted Stock Grant Information
 
Fiscal Year Ended June 30,
 
2019
 
2018
 
2017
Fair value of restricted stock and restricted share units granted
$
29,067

 
$
17,898

 
$
6,567

Fair value of shares vested
$
11,232

 
$
15,736

 
$
9,866

Tax benefit recognized from restricted shares vesting
$
3,241

 
$
5,235

 
$
3,768

Summary of Stock Option Activity
A summary of the stock option activity for the three fiscal years ended June 30 is as follows:
 
 
2019
 
Weighted
Average
Exercise
Price
 
2018
 
Weighted
Average
Exercise
Price
 
2017
 
Weighted
Average
Exercise
Price
Outstanding at beginning of year
122

 
$
2.26

 
122

 
$
2.26

 
342

 
$
6.66

Exercised

 
$

 

 
$

 
(220
)
 
$
9.10

Outstanding at end of year
122

 
$
2.26

 
122

 
$
2.26

 
122

 
$
2.26

 
 
 
 
 
 
 
 
 
 
 
 
Options exercisable at end of year
122

 
$
2.26

 
122

 
$
2.26

 
122

 
$
2.26


 
Fiscal Year Ended June 30,
 
2019
 
2018
 
2017
Intrinsic value of options exercised
$

 
$

 
$
6,507

Cash received from stock option exercises
$

 
$

 
$

Tax benefit recognized from stock option exercises
$

 
$

 
$
2,538

2019 Equity Inducement Award Program
As such, an illiquidity discount was applied to the grant date fair value.

Grant Date
Shares Issued
Fair Value Per Share
Grant Date Fair Value
February 19, 2019
739

$
1.79

$
1,324

March 29, 2019
187

$
3.01

563

April 15, 2019
136

$
2.83

$
385

April 25, 2019
123

$
2.64

325

May 15, 2019
213

$
3.55

$
755

Total
1,398

 
$
3,352