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Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
The following is a summary of stock option activity for the fiscal years ended June 30, 2024 and 2023:
Options (in thousands)Weighted
Average
Exercise Price
Weighted
Average Remaining
Contractual Term (in years)
Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 202292 $6.23 
Granted— $— 
Exercised— — $— 
Forfeited— — 
Expired or Canceled(20)12.46 
Outstanding at June 30, 202372 4.44 
Granted— $— 
Exercised— — $— 
Forfeited— — 
Expired or Canceled— — 
Outstanding at June 30, 202472 4.44 3.59$142 
Exercisable at June 30, 202472 $4.44 3.59$142 
Schedule of Nonvested Restricted Shares
The following is a summary of restricted stock award activity during the fiscal years ended June 30, 2024 and 2023:
Shares
(in thousands)
Weighted Average Grant Date Fair Value
Nonvested at June 30, 202266 $6.85 
Granted117 $3.85 
Vested (66)6.85 
Forfeited— — 
Nonvested at June 30, 2023117 3.85 
Granted(1)
392 $4.74 
Vested(117)3.85 
Forfeited— — 
Nonvested at June 30, 2024392 4.74 
(1)
Includes 125,732 shares of restricted stock that were granted in exchange for the cancellation of 48,026 shares of stock units and 77,706 shares of performance restricted stock units on November 6, 2023.
Schedule of Unvested Restricted Stock Units Roll Forward
The following is a summary of restricted stock units activity during the fiscal years ended June 30, 2024 and 2023:
Number of Units (in thousands)Weighted Average Grant Date Fair Value
Nonvested at June 30, 2022334 $7.36 
Granted417 $4.19 
Vested(156)8.04 
Forfeited(56)6.20 
Nonvested at June 30, 2023539 4.90 
Granted214 $4.90 
Vested(331)5.05 
Forfeited(1)
(84)4.48 
Nonvested at June 30, 2024338 4.86 
(1)
Includes 48,206 shares of restricted stock units that were canceled in exchange for restricted stock awards on November 6, 2023.
Summary of Nonvested Restricted Stock Units
The following is a summary of performance restricted stock units activity during the fiscal years ended June 30, 2024 and 2023:
Number of Units (in thousands)Weighted Average Grant Date Fair Value
Nonvested at June 30, 2022$15.2 
Granted(1)
518 $4.24 
Vested(1)15.2 
Forfeited(26)4.27 
Nonvested at June 30, 2023492 4.24 
Granted350 $4.89 
Vested(284)4.24 
Forfeited(2)
(274)4.68 
Nonvested at June 30, 2024284 4.62 
(1)
Includes shares added based on achievement of performance goals in excess of target.
(2)
Includes 77,706 shares of performance restricted stock units that were canceled in exchange for restricted stock awards on November 6, 2023.