Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 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 months ended September 30, 2023 and 2022 were as follows:

	2023		2022
Number of options outstanding at beginning of year		2,535,840		2,959,040
Options granted		672,095		807,200
Options paid in cash upon vesting		-		(194,000	)
Number of options outstanding at period end		3,207,935		3,572,240

(In thousands)	2023		2022
Cash paid out on options vested	$	-	$	510
Compensation expense recognized	$	632	$	968