6. Equity Transactions
|3 Months Ended|
Jun. 30, 2018
6. EQUITY TRANSACTIONS IN THE THREE MONTHS ENDED JUNE 30, 2018
Restricted Stock Unit Grants to Executive Officers and Directors
During the three months ended June 30, 2018, 46,125 RSUs held by our executives were exchanged into the same number of shares of our common stock. As our executives elected to net settle a portion of their RSU’s in exchange for the Company paying the related withholding taxes on the share issuance, 24,430 of the RSUs were cancelled and we issued a net 21,695 shares to our executives (see Note 9).
On June 14, 2018, our Board of Directors approved the issuances of additional RSUs to certain officers and directors (see Note 9).
The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef