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Equity Incentive Plan (Tables)
12 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount
The table below presents share-based compensation expense and the estimated related tax benefit for stock options and restricted stock for the dates indicated below:
Year Ended June 30,
202220212020
Share-based compensation expense$2,152 $2,102 $1,822 
Tax benefit508 494 428 
Equity Incentive Plan Stock Option Activity
The table below presents stock option activity and related information for the periods indicated below:
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 
Granted
49,750 23.44 
Exercised
(318,894)14.40 
Forfeited
(26,900)25.77 
Options outstanding at June 30, 20211,319,456 $19.07 3.9$11,657 
Exercisable at June 30, 20211,074,706 $17.63 3.1$11,036 
Non-vested at June 30, 2021244,750 $25.37 7.5$621 
Options outstanding at June 30, 20211,319,456 $19.07 3.9$11,657 
Granted
47,850 30.90 
Exercised
(413,636)14.70 
Forfeited
(24,800)23.96 
Options outstanding at June 30, 2022928,870 $21.49 4.1$4,036 
Exercisable at June 30, 2022756,720 $20.24 3.3$3,971 
Non-vested at June 30, 2022172,150 $26.96 7.5$65 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Assumptions used in estimating the fair value of option granted during the periods indicated were as follows:
Year Ended June 30,
 20222021
Weighted-average volatility28.01 %28.32 %
Expected dividend yield1.13 %1.33 %
Risk-free interest rate2.02 %0.77 %
Expected life (years)6.56.5
Weighted-average fair value of options granted$8.60 $5.61 
Equity Incentive Plan Restricted Award 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 
Granted
58,547 23.10 
Vested
(45,296)25.17 
Forfeited
(5,722)25.02 
Non-vested at June 30, 2021151,575 $25.06 $4,229 
Granted
51,679 31.18 
Vested
(53,744)25.22 
Forfeited
(13,600)25.27 
Non-vested at June 30, 2022135,910 $27.40 $2,345