Stockholders' Equity (Tables)
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9 Months Ended |
Mar. 31, 2025 |
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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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(223,396 |
) |
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$ |
6.26 |
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$ |
5,909 |
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$ |
3.66 |
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Outstanding at March 31, 2024 |
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1,222,864 |
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$ |
7.26 |
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$ |
28,736 |
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$ |
3.57 |
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Exercisable at March 31, 2024 |
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1,056,196 |
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$ |
5.38 |
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$ |
26,728 |
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$ |
2.74 |
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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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Grants |
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40,000 |
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$ |
27.18 |
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$ |
— |
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$ |
11.27 |
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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 March 31, 2025 |
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967,862 |
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$ |
6.23 |
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$ |
18,743 |
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$ |
3.13 |
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Exercisable at March 31, 2025 |
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922,862 |
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$ |
5.14 |
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$ |
18,743 |
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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 March 31, 2025:
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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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4.41 |
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$ |
1.96 |
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559,862 |
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4.41 |
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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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1.53 |
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$ |
6.33 |
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15,000 |
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1.53 |
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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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0.89 |
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$ |
8.96 |
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301,000 |
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0.89 |
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$ |
8.96 |
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$ |
12.51 |
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$ |
30.00 |
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82,000 |
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7.80 |
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$ |
21.20 |
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42,000 |
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5.78 |
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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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7.85 |
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$ |
39.69 |
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5,000 |
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7.85 |
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$ |
39.69 |
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967,862 |
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3.60 |
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$ |
6.23 |
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922,862 |
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3.30 |
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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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Granted |
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40,000 |
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$ |
11.27 |
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Vested |
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(36,664 |
) |
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$ |
8.23 |
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Nonvested outstanding at March 31, 2025 |
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45,000 |
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$ |
11.85 |
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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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26,651 |
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$ |
25.28 |
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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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(12,540 |
) |
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$ |
28.71 |
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Nonvested outstanding at March 31, 2024 |
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67,217 |
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$ |
30.53 |
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Vested but subject to deferred settlement at March 31, 2024 (1) |
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41,910 |
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$ |
25.76 |
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Outstanding at March 31, 2024 |
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109,127 |
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$ |
28.70 |
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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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16,056 |
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$ |
29.92 |
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Vested & delivered |
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(5,407 |
) |
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$ |
25.77 |
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Vested & deferred (1) |
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(14,118 |
) |
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$ |
25.90 |
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Nonvested outstanding at March 31, 2025 (2) |
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57,848 |
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$ |
32.11 |
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Vested but subject to deferred settlement at March 31, 2025 (1) |
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56,065 |
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$ |
26.02 |
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Outstanding at March 31, 2025 (2) |
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113,913 |
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$ |
29.11 |
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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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