Quarterly report pursuant to Section 13 or 15(d)

Preferred Stock (Tables)

v3.6.0.2
Preferred Stock (Tables)
 6 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Preferred Stock Activity
The activity related to the Series A Preferred Stock for the six months ended December 31, 2016, and the fiscal year ended June 30, 2016, is as follows:
 
SIX MONTHS ENDED
 
FISCAL YEAR ENDED
 
December 31, 2016
 
June 30, 2016
 
Number of shares
 
Amount
 
Number of shares
 
Amount
 
(In thousands, except share amounts)
Fiscal year opening balance
22,683,428

 
$
23,501

 
21,162,697

 
$
25,850

PIK dividend shares issued
132,320

 
162

 
1,520,731

 
1,858

Adjustment to redemption value
—

 
(162
)
 
—

 
(4,207
)
Redemption
(22,815,748
)
 
(23,501
)
 
—

 
—

Balance at end of period
—

 
$
—

 
22,683,428

 
$
23,501