Quarterly report pursuant to Section 13 or 15(d)

Preferred Stock (Tables)

v2.4.1.9
Preferred Stock (Tables)
6 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of Preferred Stock Activity

The activity related to the Series A Preferred Stock for the six months ended December 31, 2014, and the fiscal year ended June 30, 2014, is as follows:
 
SIX MONTHS ENDED
 
FISCAL YEAR ENDED
 
December 31, 2014
 
June 30, 2014
 
Number of shares
 
Amount
 
Number of shares
 
Amount
 
(In thousands, except share amounts)
Fiscal year opening balance
20,089,436

 
$
24,539

 
19,239,734

 
$
23,502

PIK dividend shares issued for previously accrued dividend

 

 
164,607

 
202

Current year PIK dividend shares issued
351,565

 
430

 
685,095

 
835

Balance at end of period
20,441,001

 
$
24,969

 
20,089,436

 
$
24,539