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Note 10: Employee Benefits: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Tables) | 12 Months Ended
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Jun. 30, 2017
Tables/Schedules |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following is a summary of the assumptions used in the Black-Scholes pricing model in determining the fair values of options granted during fiscal year 2015. (No options were granted in fiscal 2017 or 2016.):
|  | 2017 | 2016 | 2015
Assumptions: |  |  |  |  |  |  |
Expected dividend yield |  |  | - |  | - |  | 1.94%
Expected volatility |  |  | - |  | - |  | 22.48%
Risk-free interest rate |  |  | - |  | - |  | 2.46%
Weighted-average expected life (years) |  |  | - |  | - |  | 10.00
Weighted average fair value of options granted during the year |  |  | - |  | - |  | $ 4.29

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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