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Severance
12 Months Ended
Jun. 30, 2018
Severance  
Severance

13. Severance

 

During the year ended June 30, 2018, the Company reduced its workforce, as well as provided severance to its former CEO pursuant to his employment agreement in the form of compensation and an acceleration of certain equity awards resulting in severance of $6.3 million. During the years ended June 30, 2017 and 2016, the Company reduced its workforce and recorded severance of $4.4 million and $2.5 million, respectively. Included in the expense for the years ended June 30, 2018, 2017 and 2016, is $2.4 million, $1.0 million and $0.8 million associated with accelerated vesting of equity awards to former executives and other employees.