Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2016

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, 2016 and 2015 is as follows (all share and per share data has been restated in all periods presented to reflect the 2-for-1 stock split, which was paid on March 15, 2016, as if the new share options had been granted at the same time as the original share options):

	2016					2015
	Shares			Weighted Average Exercise Price Per Share		Shares			Weighted Average Exercise Price Per Share
Outstanding at beginning of year		95,670		$	6.25		118,870		$	6.25
Exercised		(29,700	)	$	6.25		(17,200	)	$	6.25
Outstanding at period end		65,970		$	6.25		101,670		$	6.25
Exercisable at period end		65,970		$	6.25		101,670		$	6.25

Schedule of Options Outstanding and Exercisable

The following table presents stock options outstanding and exercisable at March 31, 2016:

Options Outstanding and Exercisable
Range of Exercise Prices		Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
$	6.25		65,970		2.50	$	6.25

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, 2016 and 2015 is as follows (adjusted for our 2-for-1 stock split):

	2016			2015
Number of options outstanding at beginning of year		1,257,508			1,330,852
Options granted		493,760			470,760
Options paid in cash upon vesting		(396,714	)		(516,744	)
Number of options outstanding at period end		1,354,554			1,284,868