Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2024

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 were as follows:

	Three months ended March 31,					Nine months ended March 31,
	2024		2023			2024			2023
Number of options outstanding, beginning of period		2,317,535		2,614,840			2,535,840			2,959,040
Options granted		-		-			672,095			807,200
Options paid in cash		-		(70,000	)		(890,400	)		(1,221,400	)
Number of options outstanding, end of period		2,317,535		2,544,840			2,317,535			2,544,840

	Three months ended March 31,				Nine months ended March 31,
(In thousands)	2024		2023		2024		2023
Cash paid out on options vested	$	-	$	184	$	4,051	$	4,288
Compensation costs recognized	$	908	$	1,239	$	2,302	$	3,233