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Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2024

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Dividends declared and paid

​

​	​	​	​	​	​	​
​	​	Fiscal Year
​		2024			2023
Fourth quarter ended June 30,	​	$	0.12	​	$	0.12
Third quarter ended March 31,	​	​	0.12	​	​	0.12
Second quarter ended December 31,	​	​	0.12	​	​	0.12
First quarter ended September 30,	​	​	0.12	​	​	0.12

Schedule of share repurchases

​

​	​	​	​	​	​	​
​	​	Years Ended June 30,
​		2024		​	2023
Number of treasury shares acquired(1)	​	​	202	​	​	673
Average cost per share(1)	​	$	5.66	​	$	6.20
Total cost of treasury shares acquired	​	$	1,144	​	$	4,170

(1) For the year ended June 30, 2024, includes 140,672 shares repurchased under the Company’s share repurchase program for a weighted average price of $5.33 per share. For the year ended June 30, 2023, includes 633,789 shares repurchased under the Company’s share repurchase program for a weighted average price of $6.07 per share.

Schedule of Market-based Award Valuation Assumptions

​

​	​	​	​	​	​	​
​	​	Years Ended June 30,
​		2024			2023
Weighted average fair value of performance-based awards granted	​	$	3.58	​	$	6.52
Risk-free interest rate	​	​	4.87%	​	​	3.91% to 4.51%
Expected term in years	​	​	2.77	​	​	2.36 to 2.78
Expected volatility	​	​	55.0%	​	​	56.5% to 70.9%
Dividend yield	​	​	7.4%	​	​	6.1% to 7.8%

Schedule of restricted stock transactions

​

​	​	​	​	​	​
​	​	​	​	Weighted
​	​	Number of	​	Average
​	​	Restricted	​	Grant-Date
Award Type		Shares		Fair Value
Time-vested awards	​	395,104	​	$	6.57
Performance-based awards	​	233,407	​	​	5.87
Unvested at June 30, 2024	​	628,511	​	$	6.31

Restricted Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of restricted stock transactions

The following table sets forth the restricted stock award transactions for the years ended June 30, 2024 and 2023:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

​

​

Weighted

​

Unamortized

​

Average

​

​

​

​

​

Number of

​

Average

​

Compensation

​

Remaining

​

Aggregate Intrinsic

​

​

Restricted

​

Grant-Date

​

Expense

​

Amortization

​

Value (1)

​

Shares

Fair Value

(In thousands)

Period (Years)

(In thousands)

Unvested at June 30, 2022

​

341,211

​

$

4.54

​

​

​

​

​

​

​

​

Time-vested shares granted

​

376,015

​

​

7.18

​

​

​

​

​

​

​

​

Performance-based shares granted

​

100,239

​

​

7.39

​

​

​

​

​

​

​

​

Vested

​

(196,431)

​

​

4.91

​

​

​

​

​

​

​

​

Forfeited

​

(25,620)

​

​

6.51

​

​

​

​

​

​

​

​

Unvested at June 30, 2023

​

595,414

​

$

6.48

​

$

2,827

​

2.4

​

$

4,805

Time-vested shares granted

​

157,692

​

​

6.22

​

​

​

​

​

​

​

​

Performance-based shares granted

​

136,315

​

​

4.80

​

​

​

​

​

​

​

​

Vested

​

(260,910)

​

​

5.85

​

​

​

​

​

​

​

​

Unvested at June 30, 2024

​

628,511

​

$

6.31

​

$

2,492

​

1.8

​

$

3,312

(1) The intrinsic value of restricted stock was calculated as the closing market price on June 30, 2024 and 2023 of the underlying stock multiplied by the number of restricted shares that would be issuable. The total fair value of shares vested was $1.6 million and $1.4 million for the years ended June 30, 2024 and 2023, respectively.

Contingent restricted stock grants

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of restricted stock transactions

The following table sets forth contingent restricted stock unit transactions for the years ended June 30, 2024 and 2023:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

​

​

​

​

​

Unamortized

​

Average

​

​

​

​

​

Number of

​

Weighted Average

​

Compensation

​

Remaining

​

Aggregate Intrinsic

​

​

Restricted

​

Grant-Date

​

Expense

​

Amortization

​

Value (1)

Stock Units

Fair Value

(In thousands)

Period (Years)

(In thousands)

Unvested at June 30, 2022

​

50,062

​

$

2.21

​

​

​

​

​

​

​

​

Performance-based awards granted

​

50,123

​

​

4.79

​

​

​

​

​

​

​

​

Forfeited

​

(3,787)

​

​

3.69

​

​

​

​

​

​

​

​

Unvested at June 30, 2023

​

96,398

​

$

3.49

​

$

195

​

1.9

​

$

778

Performance-based awards granted

​

102,239

​

​

1.95

​

​

​

​

​

​

​

​

Expired

​

(47,849)

​

​

2.19

​

​

​

​

​

​

​

​

Unvested at June 30, 2024

​

150,788

​

$

2.86

​

$

230

​

1.6

​

$

795

(1) The intrinsic value of contingent restricted stock units was calculated as the closing market price on June 30, 2024 and 2023 of the underlying stock multiplied by the number of restricted shares that would be issuable.

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