Incentive Plans (Tables)

12 Months Ended

Jun. 30, 2024

Incentive Plans

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

	Fiscal 2024		Fiscal 2023
Expected volatility	21.6% - 22.9	%	20.3	%
Weighted average volatility	22.5	%	20.3	%
Expected dividend yield	4.5	%	3.9	%
Expected term (in years)	7.4		7.3
Risk-free interest rate	4.3	%	2.9	%

Schedule of stock option activity

The following tables summarize the stock option activity in the Plans during the fiscal years ended June 30, 2024 and 2023:

				Weighted
		Weighted		Average	Aggregate
		Average		Remaining	Intrinsic
		Exercise		Contractual	Value
Options	Shares	Price		Term (Years)	($000)
Outstanding at June 30, 2022	431,000	$	16.24
Granted	30,000	$	14.52
Exercised	—	$	—
Forfeited	(7,500)	$	20.19
Expired	(19,000)	$	16.47
Outstanding at June 30, 2023	434,500	$	16.04	3.01	$	—
Vested and expected to vest at June 30, 2023	425,700	$	16.06	2.89	$	—
Exercisable at June 30, 2023	390,500	$	16.13	2.34	$	—
Outstanding at June 30, 2023	434,500	$	16.04
Granted	98,000	$	12.44
Exercised	—	$	—
Forfeited	(5,000)	$	14.52
Expired	(47,500)	$	15.71
Outstanding at June 30, 2024	480,000	$	15.35	3.29	$	—
Vested and expected to vest at June 30, 2024	475,950	$	16.36	3.25	$	—
Exercisable at June 30, 2024	355,000	$	16.18	1.14	$	—

Schedule of Share-based Compensation, Unvested Restricted Stock Units Award Activity

The following table summarizes the restricted stock activity for the fiscal years ended June 30, 2024 and 2023:

		Weighted Average
		Award Date
Unvested Shares	Shares	Fair Value
Unvested at June 30, 2022	94,750	$	18.57
Awarded	53,000	$	12.95
Vested	(93,750)	$	18.57
Forfeited	(3,000)	$	14.82
Unvested at June 30, 2023	51,000	$	12.95
Expected to vest at June 30, 2023	40,800	$	12.95
Unvested at June 30, 2023	51,000	$	12.95
Awarded	131,000	$	11.08
Vested	(2,000)	$	12.09
Forfeited	(3,350)	$	12.95
Unvested at June 30, 2024	176,650	$	11.57
Expected to vest at June 30, 2024	150,153	$	11.57