XML 39 R30.htm IDEA: XBRL DOCUMENT v3.23.1
Equity Incentive Plan (Tables)
9 Months Ended
Mar. 31, 2023
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 March 31,Nine Months Ended March 31,
2023202220232022
Share-based compensation expense$434 $507 $1,465 $1,407 
Tax benefit102 120 347 332 
Equity Incentive Plan Stock Option Activity
The table below presents stock option activity and related information for the nine months ended March 31, 2023 and 2022:
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 
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 
Options outstanding at June 30, 2022928,870 $21.49 4.1$4,036 
Granted5,000 24.07 — — 
Exercised(351,596)14.59 — — 
Forfeited(11,700)25.36 — — 
Options outstanding at March 31, 2023570,574 $25.68 5.3$327 
Exercisable at March 31, 2023493,764 $25.39 4.9$287 
Non-vested at March 31, 202376,810 $27.55 8.2$40 
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, 2023 and March 31, 2022 are detailed below:
March 31, 2023
March 31, 2022
Weighted-average volatility27.78 %28.02 %
Expected dividend yield1.62 %1.12 %
Risk-free interest rate3.11 %1.90 %
Expected life (years)6.56.5
Weighted-average fair value of options granted$6.77 $8.68 
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 
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 
Non-vested at June 30, 2022135,910 $27.40 $2,345 
Granted75,358 27.24 — 
Vested(55,449)27.38 — 
Forfeited(6,200)27.64 — 
Non-vested at March 31, 2023149,619 $27.31 $3,134