Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2018

Stock-Based Compensation [Abstract]

Stock Option Activity

A summary of the Company’s stock option activity and related information for its option plan for the years ended June 30, 2018, and 2017 is as follows:

	2018					2017
	Shares			Weighted Average Exercise Price Per Share		Shares			Weighted Average Exercise Price Per Share
Outstanding at beginning of year		37,770		$	6.25		64,770		$	6.25
Exercised		(37,770	)	$	6.25		(27,000	)	$	6.25
Outstanding at period end		-		$	-		37,770		$	6.25
Exercisable at period end		-		$	-		37,770		$	6.25

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, 2018 and 2017 is as follows:

	2018			2017
Number of options outstanding at beginning of year		1,522,720			1,352,554
Options granted		594,200			578,200
Options forfeited		(27,000	)		-
Options paid in cash upon vesting		(455,760	)		(408,034	)
Number of options outstanding at period end		1,634,160			1,522,720

(In thousands)	2018		2017
Cash paid out on options vested	$	1,187	$	845
Compensation expense recognized		2,140		1,448