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Stock-Based Compensation (Tables)
 3 Months Ended
Sep. 30, 2021
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 months ended September 30, 2021 and 2020 were as follows:

   
2021
    
2020
  
Number of options outstanding at beginning of year     1,507,600
    1,765,100  
Options granted     475,120
       523,700  
Options forfeited
    -
       -  
Number of options outstanding at period end     1,982,720       2,288,800  

(In thousands)
  
2021
    
2020
  
Cash paid out on options vested      -
        -
  
Compensation expense recognized
  
$
810
    
$
635