Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2023

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, 2023 and 2022 were as follows:

	Three months ended March 31,						Nine months ended March 31,
	2023			2022			2023			2022
Number of options outstanding, beginning of period		2,614,840			3,013,040			2,959,040			3,015,200
Options Granted		-			-			807,200			950,240
Options Paid in Cash		(70,000	)		(54,000	)		(1,221,400	)		(1,006,400	)
Number of options outstanding, end of period		2,544,840			2,959,040			2,544,840			2,959,040

	Three months ended March 31,				Nine months ended March 31,
(In thousands)	2023		2022		2023		2022
Cash paid out on options vested	$	184	$	83	$	4,288	$	3,137
Compensation costs recognized	$	1,239	$	1,143	$	3,233	$	3,020