Stock-Based Compensation (Tables)

3 Months Ended

Sep. 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 the Plan for the three months ended September 30, 2024 and 2023 were as follows:

	2024			2023
Number of options outstanding, at beginning of year		2,253,535			2,535,840
Options granted		651,595			672,095
Options paid in cash upon vesting		(248,500	)		-
Number of options outstanding, at period end		2,656,630			3,207,935

(In thousands)	2024		2023
Cash paid out on options vested	$	937	$	-
Compensation expense recognized	$	611	$	632