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Stock-Based Compensation (Tables)
6 Months Ended
Dec. 31, 2018
Stock-Based Compensation [Abstract]  
Summarized Stock Option Activity

 

        Weighted    
      Weighted average   Weighted
      average remaining Aggregate average
      exercise contractu intrinsic grant date
  Number of   price al term value fair value
  shares   ($) (in years) ($'000) ($)
 
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
Forfeitures (200,000 ) 24.46     7.17
Outstanding – December 31, 2018 1,209,274   8.41 6.15 72 2.62
 
Outstanding – June 30, 2017 846,607   13.87 3.80 486 4.21
Forfeitures (37,333 ) 11.23     4.55
Outstanding – December 31, 2017 809,274   13.99 3.40 468 4.20
 
 
  Weighted  
    Weighted average  
    average remaining Aggregate
    exercise contractual intrinsic
  Number of price term value
  shares ($) (in years) ($'000)
Vested and expected to vest – December 31, 2018 . 1,209,274 8.41 6.15 72

 

 
    Weighted average  
    average remaining Aggregate
    exercise contractual intrinsic
  Number of price term value
  shares ($) (in years) ($'000)
 
Exercisable – December 31, 2018 609,274 10.56 2.84 72
Range Of Assumptions Used To Value Options Granted
  Six months  
  ended  
  December 31,  
  2018  
Expected volatility 44 %
Expected dividends 0 %
Expected life (in years) 3  
Risk-free rate 2.75 %
Restricted Stock Activity
  Number of   Weighted
  shares of   average grant
  restricted   date fair value
  stock   ($'000)
Non-vested – June 30, 2018 765,411   6,162
Granted – September 2018 148,000   114
Vested – August 2018 (52,594 ) 459
Non-vested – December 31, 2018 860,817   5,785
 
Non-vested – June 30, 2017 505,473   11,173
Granted – August 2017 588,594   4,288
Vested – August 2017 (56,250 ) 527
Forfeitures (30,635 ) 358
Forfeitures – August and November 2014 awards with market conditions (95,326 ) 1,133
Non-vested – December 31, 2017 911,856   9,365
Recorded Net Stock Compensation Charge

 

      Allocated to cost    
      of goods sold, IT   Allocated to
      processing,   selling, general
    Total servicing and   and
    charge support   administration
Three months ended December 31, 2018          
Stock-based compensation charge $ 598 $ - $ 598
Total – three months ended December 31, 2018 . $ 598 $ - $ 598
Three months ended December 31, 2017          
Stock-based compensation charge $ 608 $ - $ 608
Total – three months ended December 31, 2017 . $ 608 $ - $ 608

 

   

        Allocated to cost      
        of goods sold, IT   Allocated to  
        processing,   selling, general  
    Total   servicing and   and  
    charge   support   administration  
Six months ended December 31, 2018              
Stock-based compensation charge $ 1,185   $ - $ 1,185  
Total – six months ended December 31, 2018 $ 1,185   $ - $ 1,185  
Six months ended December 31, 2017              
Stock-based compensation charge $ 1,477   $ - $ 1,477  
Reversal of stock compensation charge related to              
stock options forfeited   (42 ) -   (42 )
Total – six months ended December 31, 2017 $ 1,435   $ - $ 1,435