Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Share-based Compensation

v3.8.0.1
Note 8 - Share-based Compensation
9 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
(
8
)
Share-Based Compensation
 
All options are issued at the closing stock price on each grant date, and have a contractual term of
10
years. A summary of stock option activity occurring during the
nine
months ended
March 31, 2018
is presented below:
 
   
Shares
 
Outstanding as of June 30, 2017
   
836,020
 
Granted
   
19,482
 
Exercised
   
(5,416
)
Canceled (forfeited/expired)
   
(275,675
)
Outstanding as of March 31, 2018
   
574,411
 
Exercisable as of March 31, 2018
   
444,810
 
 
 
A summary of stock unit activity occurring during the
nine
months ended
March 31, 2018
is presented below.
 
           
Weighted
 
           
Average
 
           
Grant Date
 
   
Units
   
Fair Value
 
Non-vested units at June 30, 2017
   
308,330
    $
25.92
 
Granted
   
81,250
     
25.42
 
Vested
   
(59,211
)    
23.96
 
Canceled (forfeited/expired)
   
-
     
-
 
Non-vested units at March 31, 2018
   
330,369
    $
26.15
 
 
 
A summary of restricted stock activity occurring during the
nine
months ended
March 31, 2018
is presented below.
 
           
Weighted
 
           
Average
 
           
Grant Date
 
   
Units
   
Fair Value
 
Non-vested shares at June 30, 2017
   
-
    $
-
 
Granted
   
16,234
     
25.62
 
Vested
   
-
     
-
 
Canceled (forfeited/expired)
   
(16,234
)    
25.62
 
Non-vested units at March 31, 2018
   
-
    $
-
 
 
 
At
March 31, 2018,
there were
1,438,473
shares of common stock available for future issuance pursuant to the Stock Incentive Plan.
 
 
ETHAN ALLEN INTERIORS INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Unaudited)