XML 40 R26.htm IDEA: XBRL DOCUMENT v3.22.1
Equity Incentive Plan (Tables)
 9 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The table below presents share-based compensation expense and the estimated related tax benefit for stock options and restricted stock for the three and nine months ended March 31, 2022 and 2021, respectively:
Three Months Ended March 31,Nine Months Ended March 31,
2022202120222021
Share-based compensation expense$507 $489 $1,407 $1,449 
Tax benefit120 115 332 341 
Equity Incentive Plan Stock Option Activity
The table below presents stock option activity and related information for the nine months ended March 31, 2022 and 2021:
OptionsWeighted-
Average
Exercise
Price		Remaining
Contractual
Life
(Years)		Aggregate
Intrinsic
Value
Options outstanding at June 30, 20201,615,500 $18.12 4.4$1,711 
Granted44,750 22.92 — — 
Exercised(172,866)14.40 — — 
Forfeited(26,900)25.77 — — 
Options outstanding at March 31, 20211,460,484 $18.57 3.9$9,268 
Exercisable at March 31, 20211,220,734 $17.24 3.2$9,152 
Non-vested at March 31, 2021239,750 $25.31 7.7$116 
Options outstanding at June 30, 20211,319,456 $19.07 3.9$11,657 
Granted42,850 31.35 — — 
Exercised(413,636)14.70 — — 
Forfeited(20,800)23.17 — — 
Options outstanding at March 31, 2022927,870 $21.49 4.3$7,541 
Exercisable at March 31, 2022756,720 $20.24 3.5$7,028 
Non-vested at March 31, 2022171,150 $26.99 7.7$513 
Assumptions Used In Estimating the Fair Value of Options Granted Assumptions used in estimating the fair value of options granted during the nine months ended March 31, 2022 and 2021 are presented below:
March 31, 2022
March 31, 2021
Weighted-average volatility28.02 %28.30 %
Expected dividend yield1.12 %1.35 %
Risk-free interest rate1.90 %0.72 %
Expected life (years)6.56.5
Weighted-average fair value of options granted$8.68 $5.61 
Schedule of Nonvested Restricted Stock Units Activity
The table below presents restricted stock award activity and related information:
Restricted
Stock Awards		Weighted-
Average Grant
Date Fair Value		Aggregate
Intrinsic
Value
Non-vested at June 30, 2020144,046 $25.89 $2,305 
Granted56,547 22.92 — 
Vested(45,296)25.17 — 
Forfeited(7,650)25.65 — 
Non-vested at March 31, 2021147,647 $24.98 $2,119 
Non-vested at June 30, 2021151,575 $25.06 $4,229 
Granted49,679 31.35 — 
Vested(53,744)25.22 — 
Forfeited(12,000)24.90 — 
Non-vested at March 31, 2022135,510 $27.41 $2,817