Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2017

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, 2017 and 2016 is as follows:

	2017					2016
	Options			Weighted Average Exercise Price Per Share		Options			Weighted Average Exercise Price Per Share
Outstanding at beginning of year		64,770		$	6.25		95,670		$	6.25
Exercised		(27,000	)	$	6.25		(30,900	)	$	6.25
Outstanding at year end		37,770		$	6.25		64,770		$	6.25
Exercisable at year end		37,770		$	6.25		64,770		$	6.25

Schedule of Options Outstanding and Exercisable

The following table presents stock options outstanding and exercisable at June 30, 2017:

Options Outstanding and Exercisable
Range of Exercise Prices	Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
$ 6.25		37,770		1.25		$	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 years ended June 30, 2017 and 2016 is as follows:

	2017			2016
Number of options outstanding at beginning of year		1,352,554			1,257,508
Options granted		578,200			493,760
Options forfeited		-			(2,000	)
Options paid in cash upon vesting		(408,034	)		(396,714	)
Number of options outstanding at period end		1,522,720			1,352,554

(In thousands)	2017		2016
Cash paid out on options vested	$	845	$	711
Compensation expense recognized		1,448		1,013