Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2015

Stock-Based Compensation [Abstract]

Summary of Stock Option Activity

A summary of the Company’s stock option activity and related information for its option plan for the nine months ended March 31, 2015 and 2014 is as follows:

	2015					2014
	Shares			Weighted Average Exercise Price Per Share		Shares			Weighted Average Exercise Price Per Share
Outstanding at beginning of year		59,435		$	12.50		87,400		$	12.50
Exercised		(8,600	)	$	12.50		(27,965	)	$	12.50
Outstanding at period end		50,835		$	12.50		59,435		$	12.50
Exercisable at period end		50,835		$	12.50		59,435		$	12.50

Schedule of Options Outstanding and Exercisable

The following table presents stock options outstanding and exercisable at March 31, 2015:

Options Outstanding and Exercisable
Range of Exercise Prices	Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
$12.50		50,835		3.50	$	12.50

Summary of Phantom Stock Options Activity

A summary of the Company’s phantom stock option activity and related information for its option plan for the nine months ended March 31, 2015 and 2014 is as follows:

	2015			2014
Number of options outstanding at beginning of year		665,426			462,464
Options granted		235,380			227,330
Options paid in cash upon vesting		(258,372	)		(17,528	)
Number of options outstanding at period end		642,434			672,266