Annual report pursuant to Section 13 and 15(d)

Preferred Stock (Tables)

v3.5.0.2
Preferred Stock (Tables)
 12 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Preferred Stock Activity
The following table summarizes the Series A Preferred Stock activity for the fiscal years ended:
 
June 30,
 
2016
 
2015
 
Number of shares issued
 
Amount
 
Number of shares issued
 
Amount
 
(In thousands, except share amounts)
Fiscal year opening balance
21,162,697

 
$
25,850

 
20,089,436

 
$
24,539

Current year PIK dividends shares issued
1,520,731

 
1,858

 
1,073,261

 
1,311

Adjustment to redemption value
—

 
(4,207
)
 
—

 
—

Fiscal year closing balance
22,683,428

 
$
23,501

 
21,162,697

 
$
25,850