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Equity Incentive Plan (Tables)
6 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Equity Incentive Plan Stock Option Activity
The table below presents stock option activity for the six months ended December 31, 2016 and 2015:
 
Options
 
Weighted-
average
exercise
price
 
Remaining
contractual
life
(years)
 
Aggregate
Intrinsic
Value
Options outstanding at June 30, 2015
1,498,000

 
$
14.41

 
7.7

 
$
3,519

Granted

 

 

 

Exercised
2,200

 
14.37

 

 

Forfeited
12,600

 
14.37

 

 

Expired

 

 

 

Options outstanding at December 31, 2015
1,483,200

 
$
14.41

 
7.2

 
$
8,660

Exercisable at December 31, 2015
546,350

 
$
14.39

 
 
 
 
 
 
 
 
 
 
 
 
Options outstanding at June 30, 2016
1,529,300

 
$
14.50

 
6.8

 
$
6,117

Granted

 

 

 

Exercised

 

 

 

Forfeited

 

 

 

Expired

 

 

 

Options outstanding at December 31, 2016
1,529,300

 
$
14.50

 
6.3

 
$
17,433

Exercisable at December 31, 2016
829,400

 
$
14.40

 
 
 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Assumptions used for grants were as follows:

Assumptions in Estimating Option Values
 
2017
 
2016
 
2015
Weighted-average volatility
%
 
%
 
18.90
%
Expected dividend yield
%
 
%
 
%
Risk-free interest rate
%
 
%
 
1.56
%
Expected life (years)
0.0

 
0.0

 
6.0

Schedule of Nonvested Restricted Stock Units Activity
The table below presents restricted stock award activity for the six months ended December 31, 2016 and 2015:
 
Restricted
stock awards
 
Weighted-
average grant
date fair value
 
Aggregate
Intrinsic
Value
Non-vested at June 30, 2015
310,470

 
$
14.40

 
$
5,203

Granted

 

 

Vested

 

 

Forfeited
2,250

 
14.37

 

Non-vested at December 31, 2015
308,220

 
$
14.40

 
$
6,241

 
 
 
 
 
 
Non-vested at June 30, 2016
248,750

 
$
14.81

 
$
4,602

Granted
2,000

 
19.02

 

Vested

 

 

Forfeited

 

 

Non-vested at December 31, 2016
250,750

 
$
14.84

 
$
6,494