Stockholders' Equity (Tables)
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6 Months Ended |
Dec. 31, 2024 |
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| Equity [Abstract] |
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| Summary of Stock Option Activity |
The following table summarizes stock option activity:
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Options |
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Weighted-Average Exercise Price Per Share |
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Aggregate
Intrinsic Value
(in thousands) |
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Weighted-Average Grant Date Fair Value Per Award (1) |
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Fiscal 2024 |
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Outstanding at June 30, 2023 |
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1,446,260 |
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$ |
7.11 |
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$ |
43,882 |
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$ |
3.58 |
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Exercises |
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(178,128 |
) |
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$ |
5.95 |
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$ |
5,056 |
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$ |
3.58 |
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Outstanding at December 31, 2023 |
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1,268,132 |
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$ |
7.27 |
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$ |
29,234 |
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$ |
3.58 |
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Exercisable at December 31, 2023 |
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1,097,464 |
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$ |
5.43 |
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$ |
27,244 |
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$ |
2.77 |
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Fiscal 2025 |
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Outstanding at June 30, 2024 |
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1,158,530 |
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$ |
7.10 |
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$ |
29,354 |
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$ |
3.53 |
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Exercises |
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(230,668 |
) |
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$ |
14.23 |
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$ |
6,828 |
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$ |
6.56 |
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Outstanding at December 31, 2024 |
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927,862 |
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$ |
5.32 |
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$ |
20,607 |
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$ |
2.78 |
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Exercisable at December 31, 2024 |
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922,862 |
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$ |
5.14 |
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$ |
20,607 |
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$ |
2.70 |
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(1) The Company issued the options with an exercise price per share not less than the closing market price of common stock on the grant date.
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| Summary of Information about Stock Option |
The following table summarizes information about stock options as of December 31, 2024:
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Exercise Price Ranges |
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Options Outstanding |
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Options Exercisable |
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From |
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To |
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Number of
Underlying
Shares |
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Weighted-Average Remaining Contractual Life
(Years) |
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Weighted-Average Exercise Price |
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Number of
Underlying
Shares |
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Weighted-Average Remaining Contractual Life
(Years) |
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|
Weighted-Average Exercise Price |
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$ |
— |
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$ |
5.00 |
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559,862 |
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4.66 |
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$ |
1.96 |
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559,862 |
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4.66 |
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$ |
1.96 |
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$ |
5.01 |
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$ |
7.50 |
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15,000 |
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1.77 |
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$ |
6.33 |
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15,000 |
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1.77 |
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$ |
6.33 |
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$ |
7.51 |
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$ |
12.50 |
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301,000 |
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1.14 |
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$ |
8.96 |
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301,000 |
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1.14 |
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$ |
8.96 |
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$ |
12.51 |
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$ |
30.00 |
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42,000 |
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6.03 |
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$ |
15.51 |
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42,000 |
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6.03 |
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$ |
15.51 |
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$ |
30.01 |
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$ |
50.00 |
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10,000 |
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8.09 |
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$ |
39.69 |
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5,000 |
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8.09 |
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$ |
39.69 |
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927,862 |
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3.57 |
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$ |
5.32 |
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922,862 |
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3.55 |
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$ |
5.14 |
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| Summary of Nonvested Stock Option Activity |
The following table summarizes nonvested stock option activity:
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Options |
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Weighted-Average Grant Date Fair Value Per Award |
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Nonvested outstanding at June 30, 2024 |
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41,664 |
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$ |
9.23 |
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Vested |
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(36,664 |
) |
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$ |
8.23 |
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Nonvested outstanding at December 31, 2024 |
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5,000 |
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$ |
16.56 |
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| Summary of Restricted Stock Unit Activity |
The following table summarizes RSU activity:
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Awards
Outstanding |
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Weighted-Average Fair Value per Unit at Grant Date |
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Fiscal 2024 |
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Nonvested outstanding at June 30, 2023 |
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63,587 |
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$ |
32.37 |
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Granted |
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18,891 |
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$ |
25.41 |
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Vested & delivered |
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(10,481 |
) |
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$ |
30.53 |
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Vested & deferred (1) |
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(12,486 |
) |
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$ |
28.83 |
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Nonvested outstanding at December 31, 2023 |
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59,511 |
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$ |
31.23 |
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Vested but subject to deferred settlement at December 31, 2023 (1) |
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41,856 |
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$ |
25.80 |
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Outstanding at December 31, 2023 |
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101,367 |
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$ |
28.99 |
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Fiscal 2025 |
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Nonvested outstanding at June 30, 2024 |
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61,317 |
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$ |
30.61 |
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Granted |
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15,965 |
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$ |
30.06 |
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Vested & delivered |
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(4,638 |
) |
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$ |
25.87 |
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Vested & deferred (1) |
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(14,042 |
) |
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$ |
25.87 |
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Nonvested outstanding at December 31, 2024 (2) |
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58,602 |
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$ |
32.02 |
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Vested but subject to deferred settlement at December 31, 2024 (1) |
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55,989 |
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$ |
26.01 |
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Outstanding at December 31, 2024 (2) |
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114,591 |
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$ |
29.08 |
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(1) Certain RSU holders elected to defer settlement of the RSUs to a specified date. The DSU holder is contractually obligated to defer settlement of the DSUs to a specified date following the holder’s termination of service.
(2) Includes 6,265 RSUs that vest based on continuous employment and achievement of non-market performance goals through June 30, 2025, and 2026.
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