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Share-Based Compensation (Tables)
 12 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity
The following is a summary of stock option activity for the years ended June 30, 2017, 2016 and 2015:
 
Options (in thousands)
 
Weighted
Average
Exercise Price
 
Weighted
Average Remaining
Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2014
735

 
$
8.23

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(22
)
 
5.04

 

 
$
60

Forfeited
(251
)
 
9.18

 

 
 
Expired or Canceled
—

 
—

 

 
 
Outstanding at June 30, 2015
462

 
7.87

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(46
)
 
5.66

 

 
$
209

Forfeited
(33
)
 
17.85

 

 
 
Expired or Canceled
—

 
—

 

 
 
Outstanding at June 30, 2016
383

 
7.28

 

 


 
 
 
 
 
 
 
 
Granted
—

 
$
—

 

 


Exercised
(4
)
 
4.14

 

 
$
17

Forfeited
(62
)
 
12.64

 

 
 
Expired or Canceled
(7
)
 
2.45

 
 
 
 
Outstanding at June 30, 2017
310

 
6.35

 
2.71
 
$
139

Exercisable at June 30, 2017
310

 
$
6.35

 
2.71
 
$
139
Schedule of Nonvested Restricted Shares
The following is a summary of restricted shares granted during the years ended June 30, 2017, 2016 and 2015:
Nonvested Shares
 
Shares
(in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2014
 
246

 
$
17.25

 
 
 
 
 
Granted
 
189

 
$
5.57

Vested
 
(75
)
 
16.57

Forfeited
 
(110
)
 
15.54

Nonvested at June 30, 2015
 
250

 
9.36

Vested at June 30, 2015
 
—

 
—

 
 
 
 
 
Granted
 
60

 
$
5.94

Vested
 
(40
)
 
15.64

Forfeited
 
(39
)
 
16.21

Nonvested at June 30, 2016
 
231

 
6.24

Vested at June 30, 2016
 
—

 
—

 
 
 
 
 
Granted
 
156

 
$
5.81

Vested
 
(88
)
 
8.31

Forfeited
 
(22
)
 
10.70

Nonvested at June 30, 2017
 
277

 
4.98

Vested at June 30, 2017
 
—

 
$
—
Share-based Awards Other Than Options Fair Value Valuation Assumptions
The fair values of performance restricted stock units granted during the years ended June 30, 2017, 2016 and 2015 were estimated using a Monte Carlo simulation model which included the following assumptions in order to reflect the performance conditions that must be satisfied for the share units to vest:
 
June 30, 2017
 
June 30, 2016
 
June 30, 2015
Risk-free interest rate
1.49
%
 
1.31
%
 
1.07
%
Dividend yield
—
%
 
—
%
 
—
%
Expected volatility - Company
62.0
%
 
55.5
%
 
54.1
%
Expected volatility - peer company
17.1
%
 
15.7
%
 
15.7
%
Total measurement period (years)
2.8

 
3.0

 
3.0
Summary of Nonvested Restricted Stock Units
The following is a summary of performance restricted stock units granted during the years ended June 30, 2017, 2016 and 2015:
 
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2014
 
—

 
$
—

 
 
 
 
 
Granted
 
229

 
$
10.76

Vested
 
—

 
—

Forfeited
 
(114
)
 
10.76

Nonvested at June 30, 2015
 
115

 
10.76

 
 
 
 
 
Granted
 
848

 
$
12.30

Vested
 
(15
)
 
10.76

Forfeited
 
(485
)
 
11.25

Nonvested at June 30, 2016
 
463

 
13.07

 
 
 
 
 
Granted
 
420

 
$
4.69

Vested
 
(10
)
 
10.76

Forfeited
 
(111
)
 
12.86

Nonvested at June 30, 2017
 
762

 
8.51

Vested at June 30, 2017
 
—

 
$
—
Schedule of Performance Share Units Activity
The following is a summary of cash-settled performance units granted during the years ended June 30, 2017, 2016 and 2015:
 
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Outstanding at June 30, 2014, nonvested
 
—

 
 
 
 
 
 
 
Granted
 
69

 
$
8.05

Vested
 
(51
)
 
—

Forfeited
 
(18
)
 
$
8.12

Outstanding at June 30, 2015, nonvested
 
—

 
 
 
 
 
 
 
Granted
 
77

 
$
8.47

Vested
 
(13
)
 
—

Forfeited
 
(13
)
 
$
8.30

Outstanding at June 30, 2016, nonvested
 
51

 
 
 
 
 
 
 
Granted
 
95

 
$
13.17

Vested
 
(25
)
 
—

Forfeited
 
(89
)
 
$
12.43

Outstanding at June 30, 2017, nonvested
 
32

 
 
Summary of the Warrants Granted
The following is a summary of the warrant activity for the years ended June 30, 2017, 2016 and 2015 (in thousands):
 
Common
Stock
Warrants
Outstanding and exercisable, June 30, 2014
606

 
 
Issued
—

Canceled
—

Exercised
(519
)
Expired
—

Outstanding and exercisable, June 30, 2015
87

 
 
Issued
—

Canceled
—

Exercised
(7
)
Expired
—

Outstanding and exercisable, June 30, 2016
80

 
 
Issued
—

Canceled
—

Exercised
(80
)
Expired
—

Outstanding and exercisable, June 30, 2017
—