Quarterly report pursuant to Section 13 or 15(d)

Preferred Stock (Tables)

v3.4.0.3
Preferred Stock (Tables)
9 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Schedule of Preferred Stock Activity
The activity related to the Series A Preferred Stock for the nine months ended March 31, 2016, and the fiscal year ended June 30, 2015, is as follows:
 
NINE MONTHS ENDED
 
FISCAL YEAR ENDED
 
March 31, 2016
 
June 30, 2015
 
Number of shares
 
Amount
 
Number of shares
 
Amount
 
(In thousands, except share amounts)
Fiscal year opening balance
21,162,697

 
$
25,850

 
20,089,436

 
$
24,539

PIK dividend shares issued
1,130,598

 
1,381

 
1,073,261

 
1,311

Adjustment to redemption value

 
(3,730
)
 

 

Balance at end of period
22,293,295

 
$
23,501

 
21,162,697

 
$
25,850