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Common Stock Incentive, Stock Purchase Plans, and Other Compensation Plans (Tables)
12 Months Ended
Jun. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock Option Activity

 

The Company’s stock option activity for the years ended June 30, 2021 and 2020 was as follows:

 

 

 

Shares

(In thousands)

 

 

Weighted Average

Exercise Price

 

Outstanding at June 30, 2019

 

 

324

 

 

$

5.71

 

Granted

 

 

10

 

 

 

1.85

 

Exercised

 

 

 

 

 

 

Canceled or expired

 

 

(9

)

 

 

4.18

 

Outstanding at June 30, 2020

 

 

325

 

 

$

5.68

 

Granted

 

 

50

 

 

 

5.00

 

Exercised

 

 

 

 

 

 

Canceled or expired

 

 

(100

)

 

 

6.49

 

Outstanding at June 30, 2021

 

 

275

 

 

$

5.25

 

Schedule of Stock Options by Exercise Price

 

Range of exercise prices

 

Number

Outstanding

(In thousands)

 

 

Options

Outstanding

Weighted-

Average

Remaining

Contractual

Life (years)

 

 

Weighted-

Average

Exercise

Price

 

 

Number

Exercisable

(In thousands)

 

 

Options

Exercisable

Weighted-

Average

Exercise

Price

 

$1.85 – $3.55

 

 

76

 

 

 

1.8

 

 

$

3.35

 

 

 

70

 

 

$

3.35

 

$5.30 – $5.85

 

 

113

 

 

 

5.9

 

 

 

5.49

 

 

 

113

 

 

 

5.49

 

$6.00 – $7.50

 

 

86

 

 

 

2.5

 

 

 

6.59

 

 

 

86

 

 

 

6.59

 

$1.85 – $7.50

 

 

275

 

 

 

3.7

 

 

$

5.25

 

 

 

269

 

 

$

5.29

 

 

Schedule of Restricted Stock Activity

The Company’s restricted stock activity for the years ended June 30, 2021 and 2020, was as follows: 

 

 

 

Shares

(In thousands)

 

 

Weighted

Average

Grant-Date

Fair Value

 

Outstanding at June 30, 2019

 

 

208

 

 

$

4.06

 

Granted

 

 

5

 

 

 

2.47

 

Exercised

 

 

(63

)

 

 

3.77

 

Canceled or expired

 

 

(17

)

 

 

4.06

 

Outstanding at June 30, 2020

 

 

133

 

 

$

3.95

 

Granted

 

 

2,019

 

 

 

2.02

 

Exercised

 

 

(58

)

 

 

1.84

 

Canceled or expired

 

 

(71

)

 

 

3.57

 

Outstanding at June 30, 2021

 

 

2,023

 

 

$

2.05

 

Schedule of Share-Based Compensation Fair Value The assumptions used for the years ended June 30, 2021 and 2020 and the resulting estimates of weighted-average fair value per share of options granted or modified are summarized in the following table: 

 

 

 

Year Ended June 30, 2021

 

 

Year Ended June 30, 2020

 

Expected Dividend Yield

 

 

 

 

Expected Volatility

 

 

106.29

%

 

 

103.14

%

Risk-Free Interest Rates

 

 

1.45

%

 

 

0.66

%

Expected Option Life (in years)

 

 

3.5

 

 

 

3.5

 

Weighted-average grant-date fair value of options awarded

 

$

2.40

 

 

$

2.42