XML 47 R11.htm IDEA: XBRL DOCUMENT
v3.19.3

Stockholders' Equity | 3 Months Ended
--- | ---
Sep. 30, 2019
Equity [Abstract] |
Stockholders' Equity | Stockholders’ Equity During the three months ended September 30, 2019, the Company issued 3,000 shares of common stock upon the exercise of options. During the three months ended September 30, 2019, 4,000 shares of restricted stock were canceled or surrendered as payment of tax withholding upon vesting. On November 27, 2017, the Company announced a share repurchase program authorizing it to repurchase up to $5 million in shares of the Company's common stock. The repurchase program permits the Company to purchase shares through a variety of methods, including in the open market, through privately negotiated transactions or other means as determined by the Company's management. As part of the repurchase program, the Company has entered into a pre-arranged stock repurchase plan which operates in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Accordingly, any transactions under such stock repurchase plan will be completed in accordance with the terms of the plan, including specified price, volume and timing conditions. The authorization may be suspended or discontinued at any time and expires on November 27, 2020. On February 1, 2019, the Board of Directors approved an amendment to the share repurchase program to increase the authorized share repurchase amount from $5 million to $15 million. During the three months ended September 30, 2019, the Company purchased 0.1 million shares of common stock at an aggregate price of $1.4 million under this repurchase program. At September 30, 2019, there is $7.5 million remaining under this repurchase program. The Company’s Certificate of Incorporation authorizes the issuance of preferred shares. However, as of September 30, 2019, none have been issued and no rights or preferences have been assigned to the preferred shares by the Company’s board of directors.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration