Stock-Based Compensation (Tables)

6 Months Ended

Dec. 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 six months ended December 31, 2023 and 2022 were as follows:

	Three months ended December 31,						Six months ended December 31,
	2023			2022			2023			2022
Number of options outstanding, beginning of period		3,207,935			3,572,240			2,535,840			2,959,040
Options Granted		-			-			672,095			807,200
Options Paid in Cash		(890,400	)		(957,400	)		(890,400	)		(1,151,400	)
Number of options outstanding, end of period		2,317,535			2,614,840			2,317,535			2,614,840

	Three months ended December 31,				Six months ended December 31,
(In thousands)	2023		2022		2023		2022
Cash paid out on options vested	$	4,051	$	3,594	$	4,051	$	4,104
Compensation costs recognized	$	762	$	1,026	$	1,394	$	1,994