Item 1A. Risk Factors

Important risk factors that could affect our operations and financial performance, or that could cause results or events to differ from current expectations, will be described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended June 30, 2017, which we expect to file subsequent to the filing of this Quarterly Report on Form 10-Q/A.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Issuer Purchases of Equity Securities

In July 2016, our Board of Directors adopted a program to repurchase from time to time at management’s discretion up to $100.0 million of our common stock in the open market or in private transactions during the following twelve months at prevailing market prices. Repurchases were made under the program using our cash resources. We started repurchases under the program in July 2016 and the program ended in July 2017.

During the three months ended March 31, 2017, we did not repurchase any shares of our common stock. As of March 31, 2017, the approximate dollar value of shares that may yet be purchased under our share repurchase program was $81.5 million.

Item 3. Defaults Upon Senior Securities

Not applicable.

Item 4. Mine Safety Disclosures

Not applicable.