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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 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 plan for the three months ended September 30, 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
  
47,835
  
$
12.50
   
59,435
  
$
12.50
 
Exercised
  
(2,100
)
 
$
12.50
   
(3,100
)
 
$
12.50
 
Outstanding at period end
  
45,735
  
$
12.50
   
56,335
  
$
12.50
 
                 
Exercisable at period end
  
45,735
  
$
12.50
   
56,335
  
$
12.50
 
Schedule of Options Outstanding and Exercisable
The following table presents stock options outstanding and exercisable at September 30, 2015:

Options Outstanding and Exercisable
 
 
Range of
Exercise Prices
 
Number
Outstanding
  
Weighted Average
Remaining
Contractual Life
  
Weighted Average
Exercise Price
 
$
 12.50  
45,735
   
3.00
  
$
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 three months ended September 30, 2015 and 2014 is as follows:

  
2015
  
2014
 
Number of options outstanding at beginning of year
  
628,754
   
665,426
 
Options granted
  
246,880
   
241,090
 
Options paid in cash upon vesting
  
(198,357
)
  
(227,484
)
Number of options outstanding at period end
  
677,277
   
679,032