Stock-Based Compensation (Tables)

6 Months Ended

Dec. 31, 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 and six months ended December 31, 2021 and 2020 were as follows:

	Three months ended December 31,						Six months ended December 31,
	2021			2020			2021			2020
Number of options outstanding, beginning of period		1,982,720			2,288,800			1,507,600			1,765,100
Options Granted		-			-			475,120			523,700
Options Forfeited		-			-			-			-
Options Paid in Cash		(476,200	)		(583,200	)		(476,200	)		(583,200	)
Number of options outstanding, end of period		1,506,520			1,705,600			1,506,520			1,705,600

	Three months ended December 31,				Six months ended December 31,
(In thousands)	2021		2020		2021		2020
Cash paid out on options vested	$	3,054	$	3,107	$	3,054	$	3,107
Compensation costs recognized		1,067		972		1,877		1,607