v3.26.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted Average Fair Values Per Stock-Based Compensation Award Granted
Using the fair value of each grant on the date of grant, the weighted average fair values per stock-based compensation award granted during fiscal years 2026, 2025, and 2024 were as follows:
Fiscal Years
202620252024
RSUs$25.11 $22.20 $21.20 
Schedule of Significant Assumptions used in Determining the Estimated Fair Value of the Market-Based Awards Granted
The significant assumptions used in determining the estimated fair value of the market-based awards held during fiscal years 2026, 2025, and 2024 were as follows:
Fiscal Years
202620252024
Risk-free interest rate
3.88 - 4.19%
3.98 - 4.48%
3.88 - 4.32%
Expected volatility
66.8 - 88.6%
84.6 - 319.3%
89.2 - 104.8%
Expected dividend yield— %— %— %
Expected term of stock-based awards
5.4 - 6.2 years
4.7 - 7.2 years
5.8 - 6.7 years
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense was as follows:
Fiscal Years
202620252024
(Dollars in thousands)
SARs (1)$(326)$528 $(63)
SOs 40 611 1,070 
RSUs960 801 551 
Total stock-based compensation expense (recorded in general and administrative)674 1,940 1,558 
Less: Income tax expense (2)(142)(407)— 
Total stock-based compensation expense, net of tax$532 $1,533 $1,558 
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(1)The credit balance in fiscal years 2026 and 2024 is due to adjustments made for quarterly revaluations, as well as the expiration of a portion of the SARs in fiscal year 2026.
(2)Federal statutory income tax rate of 21% utilized in fiscal years 2026 and 2025. Federal statutory income tax rate of 0% utilized due to a valuation allowance in fiscal year 2024.

Starting in fiscal year 2026, Stock-based compensation on our Consolidated Statements of Cash Flows includes stock-based compensation paid to a third-party vendor which is not included in the above table.
Schedule of Activity for Stock Appreciation Rights
Activity for all the Company's outstanding SARs is as follows:
Shares/Units
(in thousands)
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual Life
Aggregate
Intrinsic Value
(in thousands)
SARs
Outstanding balance at June 30, 2023105 $129.00 
Outstanding balance at June 30, 2024105 129.00 
Forfeited/Expired(9)40.32 
Outstanding balance at June 30, 202596 137.69 
Forfeited/Expired(19)49.34 
Outstanding balance at June 30, 202677 159.18 2.54$— 
Exercisable at June 30, 202677 159.18 2.54— 
Unvested awards, net of estimated forfeitures— — — 
Schedule of Activity for Stock Option Activity
Activity for all the Company's outstanding SOs is as follows:
Shares/Units
(in thousands)
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual Life
Aggregate
Intrinsic Value
(in thousands)
SOs
Outstanding balance at June 30, 2023150 $32.27 
Forfeited/Expired(1)30.40 
Outstanding balance at June 30, 2024149 32.29 
Forfeited/Expired(24)32.91 
Outstanding balance at June 30, 2025125 32.17 
Forfeited/Expired(24)40.64 
Exercised(49)25.38 
Outstanding balance at June 30, 202652 34.77 6.01$— 
Exercisable at June 30, 202652 34.77 6.01— 
Schedule of Activity for RSUs
Activity for all the Company's RSUs is as follows:
Shares/Units
(in thousands)
Weighted
Average
Grant Date
Fair Value
Aggregate Intrinsic
Value
(in thousands)
RSUs
Outstanding balance at June 30, 202339 $126.83 
Granted13 21.20 
Forfeited(1)22.65 
Vested(3)110.97 
Outstanding balance at June 30, 202448 101.48 
Granted82 22.20 
Forfeited(8)22.18 
Vested(19)79.06 
Outstanding balance at June 30, 2025103 48.79 
Granted73 25.11 
Forfeited(34)22.97 
Vested(32)72.33 
Outstanding balance at June 30, 2026110 34.28 $3,080 
Vested at June 30, 202625 39.22 700 
Unvested awards, net of estimated forfeitures76 33.67 2,128