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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 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 plans for the years ended June 30, 2015 and 2014 is as follows:
 
  
2015
  
2014
 
  
Options
  
Weighted Average
Exercise
Price
Per Share
  
Options
  
Weighted Average
Exercise
Price
Per Share
 
Outstanding at beginning of year
  
59,435
  
$
12.50
   
87,400
  
$
12.50
 
Exercised
  
(11,600
)
 
$
12.50
   
(27,965
)
 
$
12.50
 
Outstanding at year end
  
47,835
  
$
12.50
   
59,435
  
$
12.50
 
                 
Exercisable at year end
  
47,835
  
$
12.50
   
59,435
  
$
12.50
 
Schedule of Options Outstanding and Exercisable
The following table presents stock options outstanding and exercisable at June 30, 2015:

Options Outstanding and Exercisable
 
Range of Exercise Prices
 
Number
Outstanding
  
Weighted Average
Remaining
Contractual Life
  
Weighted Average
Exercise Price
 
$12.50
  
47,835
   
3.25
  
$
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 years ended June 30, 2015 and 2014 is as follows:
 
  
2015
  
2014
 
Number of options outstanding at beginning of year
  
665,426
   
462,464
 
Options granted
  
235,380
   
236,308
 
Options forfeited
  
--
   
(6,840
)
Options paid in cash upon vesting
  
(272,052
)
  
(26,506
)
Number of options outstanding at period end
  
628,754
   
665,426