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Share-Based Compensation (Tables) | 9 Months Ended
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Mar. 31, 2021
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | Following are the assumptions used in the Black-Scholes valuation model for NQOs granted during the nine months ended March 31, 2021:
|  | Nine Months Ended March 31, 2021
Weighted average fair value of NQOs |  | $ | 4.60 |
Risk-free interest rate |  | 0.29 | %
Dividend yield |  | — | %
Average expected term |  | 4.6 years
Expected stock price volatility |  | 35.4 | %
Schedule of Share-based Compensation, Stock Options, Activity | The following table summarizes NQO activity for nine months ended March 31, 2021:
Outstanding NQOs: |  | Number of NQOs |  | Weighted Average Exercise Price ($) |  |  |  | Weighted Average Remaining Life (Years) |  | Aggregate Intrinsic Value ($ in thousands)
Outstanding at June 30, 2020 |  | 528,958 |  |  | 13.92 |  |  |  | 6.21 |  | 55 |
Granted |  | 29,761 |  |  | 6.72 |  |  |  | — |  | — |
Exercised |  | — |  |  | — |  |  |  | — |  | — |
Forfeited |  | (11,358) |  |  | 16.62 |  |  |  | — |  | — |
Expired |  | (7,938) |  |  | 28.51 |  |  |  | — |  | — |
Outstanding at March 31, 2021 |  | 539,423 |  |  | 13.25 |  |  |  | 5.55 |  | 440 |
Exercisable at March 31, 2021 |  | 153,230 |  |  | 16.13 |  |  |  | 5.24 |  | — |
The following table summarizes PNQ activity for the nine months ended March 31, 2021:
Outstanding PNQs: |  | Number of PNQs |  | Weighted Average Exercise Price ($) |  |  |  | Weighted Average Remaining Life (Years) |  | Aggregate Intrinsic Value ($ in thousands)
Outstanding at June 30, 2020 |  | 13,630 |  |  | 28.60 |  |  |  | 2.36 |  | — |
Granted |  | — |  |  | — |  |  |  | — |  | — |
Exercised |  | — |  |  | — |  |  |  | — |  | — |
Forfeited |  | — |  |  | — |  |  |  | — |  | — |
Expired |  | (1,880) |  |  | 21.33 |  |  |  | — |  | — |
Outstanding at March 31, 2021 |  | 11,750 |  |  | 29.76 |  |  |  | 2.16 |  | — |
Exercisable at March 31, 2021 |  | 6,942 |  |  | 28.40 |  |  |  | 1.89 |  | — |
Schedule of Share-based Compensation, Nonvested Restricted Stock Shares Activity | The following table summarizes restricted stock activity for the nine months ended March 31, 2021:
Outstanding and Nonvested Restricted Stock Awards: |  | Shares Awarded |  | Weighted Average Grant Date Fair Value ($) |  |  |  |
Outstanding and nonvested at June 30, 2020 |  | 218,604 |  |  | 13.00 |  |  |  |  |
Granted |  | 709,473 |  |  | 5.05 |  |  |  |  |
Vested/Released |  | (81,254) |  |  | 13.56 |  |  |  |  |
Cancelled/Forfeited |  | (37,505) |  |  | 3.81 |  |  |  |  |
Outstanding and nonvested at March 31, 2021 |  | 809,318 |  |  | 5.31 |  |  |  |  |
The following table summarizes CSRSU activity for the nine months ended March 31, 2021:
Outstanding and Nonvested CSRSUs: |  | CSRSUs Awarded |  | Weighted Average Grant Date Fair Value ($) |  |  |  |
Outstanding and nonvested at June 30, 2020 |  | — |  |  | — |  |  |  |  |
Granted |  | 232,002 |  |  | 4.31 |  |  |  |  |
Vested/Released |  | — |  |  | — |  |  |  |  |
Cancelled/Forfeited |  | (15,660) |  |  | 4.31 |  |  |  |  |
Outstanding and nonvested at March 31, 2021 |  | 216,342 |  |  | 4.31 |  |  |  |  |
Schedule of Nonvested Performance-Based Restricted Stock Units Activity | The following table summarizes PBRSU activity for the nine months ended March 31, 2021:
Outstanding and Nonvested PBRSUs: |  | PBRSUs Awarded(1) |  | Weighted Average Grant Date Fair Value ($) |  |  |  |
Outstanding and nonvested at June 30, 2020 |  | 81,337 |  |  | 15.78 |  |  |  |  |
Granted(1) |  | 306,095 |  |  | 4.10 |  |  |  |  |
Vested/Released |  | (805) |  |  | 31.70 |  |  |  |  |
Cancelled/Forfeited |  | (4,232) |  |  | 18.50 |  |  |  |  |
Outstanding and nonvested at March 31, 2021 |  | 382,395 |  |  | 6.30 |  |  |  |  |
_____________ (1) The target number of PBRSUs is presented in the table. Under the terms of the awards, the recipient may earn between 0% and 150% of the target number of PBRSUs depending on the extent to which the Company meets or exceeds the achievement of the applicable financial performance goals.

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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