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Stockholders' Equity (Tables)
3 Months Ended
Sep. 30, 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

    

2025

    

2024

First fiscal quarter

$

0.120

$

0.120

Schedule of share repurchases

The following table summarizes all treasury stock purchases during the three months ended September 30, 2024 and 2023 (in thousands, except per share amounts):

Three Months Ended

September 30, 

    

2024

2023

Number of treasury shares acquired

17

12

Average cost per share

$

5.15

$

8.89

Total cost of treasury shares acquired

$

88

$

105

Schedule of Market-based Award Valuation Assumptions

For performance-based awards granted during the three months ended September 30, 2024 and 2023, the assumptions used in the Monte Carlo simulation valuations were as follows:

Three Months Ended

September 30, 

    

2024

    

2023

Weighted average fair value of performance-based awards granted

$

3.90

$

3.58

Risk-free interest rate

3.45%

4.87%

Expected term in years

2.78

2.77

Expected volatility

50.2%

55.0%

Dividend yield

8.4%

7.4%

Schedule of restricted stock transactions

Unvested restricted stock awards as of September 30, 2024 consisted of the following:

Weighted

Number of

Average

Restricted

Grant-Date

Award Type

    

Shares

    

Fair Value

Time-vested awards

441,563

$

6.39

Performance-based awards

422,884

5.40

Unvested at September 30, 2024

864,447

$

5.91

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 three months ended September 30, 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, 2024

628,511

6.31

$

2,492

1.8

Time-vested shares granted

94,740

5.73

Performance-based shares granted

189,477

4.82

Vested

(48,281)

6.60

Unvested at September 30, 2024

864,447

$

5.91

$

3,434

2.1

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 three months ended September 30, 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, 2024

150,788

$

2.86

$

230

1.6

Performance-based awards granted

142,112

2.67

Unvested at September 30, 2024

292,900

$

2.77

$

564

2.3