| Schedule of Treasury Stock by Class |
The following table summarizes the Company’s treasury stock
activity as follows:
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THREE MONTHS
ENDED
September 30, 2016
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FISCAL YEAR ENDED
June 30, 2016 |
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Number of
shares |
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Amount |
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Number of
shares |
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Amount |
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(In thousands,
except share amounts) |
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Fiscal year opening balance
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1,209,389 |
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$ |
9,806 |
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1,209,389 |
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$ |
9,806 |
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Net shares repurchased for employee tax and option exercise price
obligations related to the vesting of restricted stock and the
exercise of employee stock options
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2,529 |
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3 |
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5,220 |
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11 |
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Net shares repurchased to eliminate fractional shares in July 10,
2015 one share-for-eight shares reverse stock split
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— |
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— |
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2,284 |
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6 |
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Cancellation of shares repurchased
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(2,529) |
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(3) |
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(7,504) |
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(17) |
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Balance at end of period
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1,209,389 |
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$ |
9,806 |
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1,209,389 |
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$ |
9,806 |
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The following table summarizes the Company’s treasury stock
activity for the fiscal years ended:
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June 30, |
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2016 |
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2015 |
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Number
of shares
issued |
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Amount |
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Number
of shares
issued |
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Amount |
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(In thousands,
except share amounts) |
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Fiscal year opening balance
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1,209,389 |
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$ |
9,806 |
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1,178,139 |
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$ |
9,344 |
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Shares repurchased from former executive
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— |
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— |
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31,250 |
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462 |
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Net shares repurchased for employee tax and option
exercise price obligations related to the vesting of
restricted stock and the exercise of employee stock
options
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5,220 |
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11 |
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5,981 |
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104 |
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Net shares repurchased to eliminate fractional shares in
July 10, 2015 one share for eight shares reverse stock
split
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2,284 |
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6 |
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Cancellation of shares repurchased
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(7,504) |
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(17) |
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(5,981) |
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(104) |
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Fiscal year closing balance
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1,209,389 |
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$ |
9,806 |
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1,209,389 |
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$ |
9,806 |
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