Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2022

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 nine months ended March 31, 2022 and 2021 were as follows:

	Three months ended March 31,						Nine months ended March 31,
	2022			2021			2022			2021
Number of options outstanding, beginning of period		1,506,520			1,705,600			1,507,600			1,765,100
Options Granted		-			-			475,120			523,700
Options Forfeited		-			-			-			-
Options Paid in Cash		(27,000	)		(198,000	)		(503,200	)		(781,200	)
Number of options outstanding, end of period		1,479,520			1,507,600			1,479,520			1,507,600

	Three months ended March 31,				Nine months ended March 31,
(In thousands)	2022		2021		2022		2021
Cash paid out on options vested	$	83	$	813	$	3,137	$	3,920
Compensation costs recognized		1,143		1,105		3,020		2,712