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Stock-Based Compensation (Tables) | 12 Months Ended
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Jun. 30, 2023
Stock-Based Compensation [Abstract] |
Range Of Assumptions Used To Value Options Granted | 2022 2021 Expected volatility 50 % 62 % Expected dividends 0 % 0 % Expected life (in years) 3.0 2.8 Risk-free rate 1.61 % 0.19 %
Summarized Stock Option Activity | Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($'000) Weighted average grant date fair value ($) Outstanding - July 1, 2020 1,331,651 5.83 7.56 - 2.01 Granted – August 2020 150,000 3.50 3.00 166 1.11 Granted – November 2020 560,000 3.01 10.00 691 1.23 Exercised (17,335) 3.07 - 35 - Forfeited (729,484) 6.65 - 2.24 Outstanding - June 30, 2021 1,294,832 3.93 7.68 1,624 1.45 Granted – February 2022 137,620 4.87 10.00 235 1.71 Exercised (249,521) 3.05 - 470 - Forfeited (256,706) 4.53 - 1.69 Outstanding - June 30, 2022 926,225 4.14 6.60 1,249 1.60 Exercised (158,659) 3.04 - 200 - Forfeited (94,292) 3.99 - 1.81 Outstanding - June 30, 2023 673,274 4.37 5.14 239 1.67 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - June 30, 2023 673,274 4.37 5.14 239 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - June 30, 2023 502,813 4.57 4.25 160
Restricted Stock Activity | Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – July 1, 2020 1,115,500 5,354 Granted – May 2021 254,560 1,035 Total vested (311,300) 1,037 Vested – August 2020 (244,500) 812 Vested – September 2020 - accelerated vesting (66,800) 225 Total forfeitures (674,200) 2,690 Forfeitures - employee terminations (644,200) 2,542 Forfeitures – September 2018 awards with market conditions (30,000) 148 Non-vested – June 30, 2021 384,560 1,123 Total granted 2,168,110 11,097 Granted – July 2021 234,608 963 Granted – August 2021 44,986 192 Granted – November and December 2021 326,158 1,766 Granted – December 2021 50,300 269 Granted – February 2022 29,920 146 Granted – March 2022 207,859 1,097 Granted – April 2022 1,250,486 6,540 Granted – May 2022 23,793 124 Total granted and vested - November and December 2021 - - Granted - November and December 2021 71,647 393 Vested - November and December 2021 (71,647) 393 Total vested (61,861) 306 Total forfeitures (105,542) 542 Forfeitures - employee terminations (75,542) 382 Forfeitures – September 2018 awards with market conditions (30,000) 160 Non-vested – June 30, 2022 2,385,267 11,879 Total granted 1,085,981 4,411 Granted – July 2022 32,582 172 Granted – August 2022 179,498 995 Granted - November 2022 150,000 605 Granted - December 2022 430,399 1,862 Granted - January 2023 11,806 57 Granted - June 2023 23,828 124 Granted - December 2022 - performance awards 257,868 596 Total vested (742,464) 3,171 Vested – July 2022 (78,801) 410 Vested – November 2022 (59,833) 250 Vested – December 2022 (7,060) 29 Vested – February 2023 (19,179) 83 Vested – March 2023 (69,286) 326 Vested – April 2023 (418,502) 1,721 Vested – May 2023 (61,861) 217 Vested – June 2023 (27,942) 135 Granted - December 2022 300,000 1,365 Vested - December 2022 (300,000) 1,365 Total forfeitures (114,365) 554 Forfeitures - employee terminations (34,365) 138 Forfeitures – February 2020 award with market condition (80,000) 416 Non-vested – June 30, 2023 2,614,419 11,869
Recorded Net Stock Compensation Charge | Total charge Allocated to IT processing, servicing and support Allocated to selling, general and administration Year ended June 30, 2023 Stock-based compensation charge $ 7,673 $ - $ 7,673 Reversal of stock compensation charge related to stock options and restricted stock forfeited (364) - (364) Total - year ended June 30, 2023 $ 7,309 $ - $ 7,309 Year ended June 30, 2022 Stock-based compensation charge $ 3,082 $ - $ 3,082 Reversal of stock compensation charge related to stock options and restricted stock forfeited (120) - (120) Total - year ended June 30, 2022 $ 2,962 $ - $ 2,962 Year ended June 30, 2021 Stock-based compensation charge $ 1,430 $ - $ 1,430 Reversal of stock compensation charge related to stock options and restricted stock forfeited (1,086) - (1,086) Total - year ended June 30, 2021 $ 344 $ - $ 344

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- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- 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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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