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Equity Incentive Plan (Tables)
3 Months Ended
Sep. 30, 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 dates indicated below:
Three Months Ended September 30,
20222021
Share-based compensation expense$567 $415 
Tax benefit134 98 
Equity Incentive Plan Stock Option Activity
The table below presents stock option activity and related information for the three months ended September 30, 2022 and 2021:
OptionsWeighted-
Average
Exercise
Price
Remaining
Contractual
Life
(Years)
Aggregate
Intrinsic
Value
Options outstanding at June 30, 20211,319,456 $19.07 3.9$11,657 
Exercised(46,200)15.16 — — 
Forfeited(2,600)25.42 — — 
Options outstanding at September 30, 20211,270,656 $19.19 3.7$11,164 
Exercisable at September 30, 20211,030,506 $17.75 2.9$10,546 
Non-vested at September 30, 2021240,150 $25.41 7.3$617 
Options outstanding at June 30, 2022928,870 $21.49 4.1$4,036 
Granted5,000 24.07 — — 
Exercised(27,000)14.37 — — 
Forfeited(400)31.35 — — 
Options outstanding at September 30, 2022906,470 $21.71 3.9$2,633 
Exercisable at September 30, 2022729,720 $20.46 3.1$2,633 
Non-vested at September 30, 2022176,750 $26.87 7.3$— 
Assumptions Used In Estimating the Fair Value of Options Granted Assumptions used in estimating the fair value of options granted during the three months ended September 30, 2022 have been detailed below. There were no options granted during the three months ended September 30, 2021.
September 30, 2022
Weighted-average volatility27.78 %
Expected dividend yield1.62 %
Risk-free interest rate3.11 %
Expected life (years)6.5
Weighted-average fair value of options granted$6.77 
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, 2021151,575 $25.06 $4,229 
Vested(8,918)26.93 — 
Forfeited(3,000)26.31 — 
Non-vested at September 30, 2021139,657 $25.00 $3,908 
Non-vested at June 30, 2022135,910 $27.40 $2,345 
Granted7,986 25.32 — 
Vested(13,861)27.11 — 
Forfeited(400)31.35 — 
Non-vested at September 30, 2022129,635 $27.29 $1,943