XML 31 R49.htm IDEA: XBRL DOCUMENT v3.19.3

Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2019

Stock-Based Compensation [Abstract]

Range Of Assumptions Used To Value Options Granted

	2019
Expected volatility	44	%
Expected dividends	0	%
Expected life (in years)	3
Risk-free rate	2.75	%

Summarized Stock Option Activity

				Weighted
				Average				Weighted
			Weighted	Remaining		Aggregate		Average
			average	Contractual		Intrinsic		Grant
	Number of		exercise	Term		Value		Date Fair
	shares		price ($)	(in years)		($'000)		Value ($)
Outstanding – July 1, 2016	2,077,524		15.92	3.65		926		4.15
Exercised	(321,026	)	8.97			3,607		2.58
Expired unexercised	(474,443	)	22.51			-		3.98
Forfeitures	(435,448	)	17.88			-		5.34
Outstanding – June 30, 2017	846,607		13.87	3.80		486		4.21
Forfeitures	(37,333	)	11.23			-		4.55
Outstanding – June 30, 2018	809,274		13.99	2.67		370		4.20
Granted – September 2018	600,000		6.20	10.00		1,212		2.02
Expired unexercised	(370,000	)	19.27					5.00
Forfeitures	(174,695	)	6.65					2.00
Outstanding – June 30, 2019	864,579		7.81	7.05		-		2.62

The following table presents stock options vested and expected to vest as of June 30, 2019:

			Weighted
		Weighted	average
		average	remaining		Aggregate
		exercise	contractual		intrinsic
	Number of	price	term		value
	shares	($)	(in years)		($'000)
Vested and expected to vest – June 30, 2019	864,579	7.81	7.05		-

			Weighted
			Average
		Weighted	Remaining		Aggregate
		average	Contractual		Intrinsic
	Number of	exercise	Term		Value
	shares	price ($)	(in years)		($'000)
Exercisable – June 30, 2019	353,579	10.15	3.84		-

Restricted Stock Activity

	Number of			Weighted
	Shares of			Average Grant
	Restricted			Date Fair Value
	Stock			($'000)
Non-vested – July 1, 2016	589,447			7,622
Total granted	389,587			4,172
Granted – August 2016	387,000			4,145
Granted – May 2017	2,587			27
Total vested	(268,091	)		2,590
Vested – August 2016	(68,091	)		694
Vested – June 2017	(200,000	)		1,896
Forfeitures	(205,470	)		2,219
Non-vested – June 30, 2017	505,473			11,173
Total granted	618,411			4,581
Granted – August 2017	588,594			4,288
Granted – March 2018	22,817			234
Granted – May 2018	7,000			59
Vested – August 2017	(56,250	)		527
Total forfeitures	(302,223	)		3,222
Forfeitures – employee terminations	(33,635	)		516
Forfeitures – August and November 2014 awards with market conditions	(95,326	)		1,133
Forfeitures – August 2015 awards with performance conditions	(173,262	)		1,573
Non-vested – June 30, 2018	765,411			6,162
Granted – September 2018	148,000			114
Total vested	(64,003	)		503
Vested – August 2018	(52,594	)		459
Vested – March 2019	(11,409	)		44
Total forfeitures	(265,500	)		1,060
Forfeitures – employee terminations	(115,500	)		460
Forfeitures – August 2016 awards with performance conditions	(150,000	)		600
Non-vested – June 30, 2019	583,908			3,410

Recorded Net Stock Compensation Charge

					Allocated to
					cost of goods
					sold, IT		Allocated to
		Total			processing,		selling,
		charge			servicing		general and
		(reversal)			and support		administration
Year ended June 30, 2019
Stock-based compensation charge	$	2,319		$	-	$	2,319
Reversal of stock compensation charge related to stock options
and restricted stock forfeited		(1,926	)		-		(1,926	)
Total – year ended June 30, 2019	$	393		$	-	$	393
Year ended June 30, 2018
Stock-based compensation charge	$	2,656		$	-	$	2,656
Reversal of stock compensation charge related to restricted stock
forfeited		(49	)		-		(49	)
Total – year ended June 30, 2018	$	2,607		$	-	$	2,607
Year ended June 30, 2017
Stock-based compensation charge	$	3,905		$	-	$	3,905
Reversal of stock compensation charge related to stock options
and restricted stock forfeited		(1,923	)		-		(1,923	)
Total – year ended June 30, 2017	$	1,982		$	-	$	1,982

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration