Annual report pursuant to Section 13 and 15(d)

Stockholders' (Deficit) Equity (Tables)

v3.5.0.2
Stockholders' (Deficit) Equity (Tables)
 12 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Treasury Stock by Class
The following table summarizes the Company's treasury 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
1,209,389

 
$
9,806

 
1,178,139

 
$
9,344

Shares repurchased from former executive
—

 
—

 
31,250

 
462

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
5,220

 
11

 
5,981

 
104

Net shares repurchased to eliminate fractional shares in July 10, 2015 one share for eight shares reverse stock split
2,284

 
6

 
 
 
 
Cancellation of shares repurchased
(7,504
)
 
(17
)
 
(5,981
)
 
(104
)
Fiscal year closing balance
1,209,389

 
$
9,806

 
1,209,389

 
$
9,806