Stock Based Compensation (Tables)

9 Months Ended

Mar. 31, 2025

Stock Based Compensation [Abstract]

Schedule of Weighted Average Assumptions of Option Award

The table below outlines the weighted average assumptions that the Company used to calculate the fair value of each option award for the nine months ended March 31, 2025 and 2024.

	March 31, 2025		March 31, 2024
Dividend yield		3.79%		3.63%
Company’s expected volatility		32.85%		31.20%
Risk-free interest rate		4.35%		4.39%
Expected term		5.1 yrs		5.3 yrs
Weighted average fair value per share of options granted during the period	$	5.37	$	4.03

Schedule of Stock Option Activity

The following table summarizes stock option activity during the nine months ended March 31, 2025:

	Employee Stock Option Plans
						Weighted
	Number of			Weighted		Average
	Shares			Average		Remaining		Aggregate
	Subject			Exercise		Contractual		Intrinsic
	to Option			Price		Term		Value
Balance at July 1, 2024		322,056		$	18.41		6.59
Granted		79,000		$	21.79		9.29
Exercised		(82,600	)	$	17.94		—
Forfeited or expired		(500	)	$	16.54		—
Outstanding at March 31, 2025		317,956		$	19.37		6.83	$	2,471,791
Vested or expected to vest at March 31, 2025		302,783		$	19.10		6.64	$	2,363,682
Exercisable at March 31, 2025		162,556		$	19.38		4.86	$	1,262,070

Schedule of Changes in Non-Vested Stock Options

The following table summarizes changes in non-vested stock options during the nine months ended March 31, 2025:

	Weighted Number			Average
	of Shares			Grant Date
	Subject			Fair Value
	to Option			(per Option)
Non-vested at July 1, 2024		147,300		$	4.15
Granted		79,000		$	5.37
Vested		(70,400	)	$	4.16
Forfeited or expired		(500	)	$	4.03
Non-vested at March 31, 2025		155,400		$	4.76