Stock-Based Compensation (Tables)

6 Months Ended

Dec. 31, 2020

Stock-Based Compensation [Abstract]

Summary of Phantom Stock Option Activity and Related Information

A summary of the Company’s phantom stock option activity and related information for the Plan for the three and six months ended December 31, 2020 and 2019 were as follows:

	Three months ended December 31,						Six months ended December 31,
		2020		2019			2020			2019
Number of options outstanding, beginning of period		2,288,800			2,319,300			1,765,100			1,711,600
Options Granted		-			-			523,700			614,700
Options Forfeited		-			-			-			(7,000	)
Options Paid in Cash		(583,200	)		(554,200	)		(583,200	)		(554,200	)
Number of options outstanding, end of period		1,705,600			1,765,100			1,705,600			1,765,100

	Three months ended December 31,				Six months ended December 31,
(In thousands)	2020		2019		2020		2019
Cash paid out on options vested	$	3,107	$	2,516	$	3,107	$	2,516
Compensation costs recognized		972		1,697		1,607		1,395