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Stockholders' Equity (Tables)

9 Months Ended

Mar. 31, 2024

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

Dividends declared and paid

The following table reflects the dividends paid per share within the respective three-month periods:

​	​	​	​	​	​	​
​	​	Fiscal Year
​		2024			2023
Third quarter ended March 31,	​	$	0.120	​	$	0.120
Second quarter ended December 31,	​	​	0.120	​	​	0.120
First quarter ended September 30,	​	​	0.120	​	​	0.120

Schedule of share repurchases

​

​	​	​	​	​	​	​
​	​	Nine Months Ended
​	​	March 31,
​		2024		​	2023
Number of treasury shares acquired(1)	​	​	181	​	​	650
Average cost per share(1)	​	$	5.70	​	$	6.13
Total cost of treasury shares acquired	​	$	1,031	​	$	3,983

Schedule of Market-based Award Valuation Assumptions

For performance-based awards granted during the nine months ended March 31, 2024 and 2023, the assumptions used in the Monte Carlo simulation valuations were as follows:

​	​	​	​	​	​	​
​	​	Nine Months Ended
​	​	March 31,
​		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 unit transactions

Unvested restricted stock awards as of March 31, 2024 consisted of the following:

​	​	​	​	​	​
​	​	​	​	Weighted
​	​	Number of	​	Average
​	​	Restricted	​	Grant-Date
Award Type		Shares		Fair Value
Time-vested awards	​	407,103	​	$	6.59
Performance-based awards	​	278,688	​	​	5.46
Unvested at March 31, 2024	​	685,791	​	$	6.13

Restricted Stock

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

Schedule of restricted stock unit transactions

The following table sets forth the restricted stock award transactions for the nine months ended March 31, 2024:

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	Weighted
​	​	​	​	Weighted		​	Unamortized		​	Average
​	​	Number of	​	Average		​	Compensation		​	Remaining
​	​	Restricted	​	Grant-Date		​	Expense		​	Amortization
​		Shares		Fair Value			(In thousands)			Period (Years)
Unvested at June 30, 2023	​	595,414	​	​	6.48	​	$	2,827	​	2.4
Time-vested shares granted	​	157,192	​	​	6.22	​	​	​	​	​
Performance-based shares granted	​	136,315	​	​	4.80	​	​	​	​	​
Vested	​	(203,130)	​	​	6.33	​	​	​	​	​
Unvested at March 31, 2024	​	685,791	​	$	6.13	​	$	2,995	​	1.9

Contingent restricted stock grants

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

Schedule of restricted stock unit transactions

The following table sets forth contingent restricted stock unit transactions for the nine months ended March 31, 2024:

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​		​	​	​	​	Weighted
​	​	​	​	​	​	​	Unamortized		​	Average
​	​	Number of	​	Weighted Average		​	Compensation		​	Remaining
​	​	Restricted	​	Grant-Date		​	Expense		​	Amortization
		Stock Units		Fair Value			(In thousands)			Period (Years)
Unvested at June 30, 2023	​	96,398	​	$	3.49	​	$	195	​	1.9
Performance-based awards granted	​	102,239	​	​	1.95	​	​	​	​	​
Unvested at March 31, 2024	​	198,637	​	$	2.70	​	$	275	​	1.8

​

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