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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 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 for its option plan for the years ended June 30, 2024 and 2023 is as follows:

   
2024
   
2023
 
Number of options outstanding at beginning of year
   
2,535,840
     
2,959,040
 
Options granted
   
672,095
     
807,200
 
Options forfeited
   
(4,000
)
   
(9,000
)
Options paid in cash upon vesting
   
(950,400
)
   
(1,221,400
)
Number of options outstanding at period end
   
2,253,535
     
2,535,840
 

(In thousands)
 
2024
   
2023
 
Cash paid out on options vested
 
$
4,210
   
$
4,287
 
Compensation expense recognized
   
3,429
     
4,439