XML 79 R63.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 11: Employee Benefits: 2008 Equity Incentive Plan Policy (Policies) | 12 Months Ended
--- | ---
Jun. 30, 2018
Policies |
2008 Equity Incentive Plan Policy | 2008 Equity Incentive Plan. The Company adopted an Equity Incentive Plan (EIP) in 2008, reserving for award 132,000 shares (split-adjusted). EIP shares were available for award to directors, officers, and employees of the Company and its affiliates by a committee of outside directors. The committee held the power to set vesting requirements for each award under the EIP. At the 2017 annual meeting, shareholders approved the 2017 Omnibus Incentive Plan, which provided that no further awards would be made under the EIP. During fiscal 2012, the Company awarded 73,928 shares (split-adjusted); during fiscal 2014, the Company awarded 24,000 shares (split-adjusted); during fiscal 2015, the Company awarded 8,000 shares (split-adjusted); during fiscal 2016, the Company awarded 3,750 shares; and during fiscal 2017, the Company awarded 13,125 shares. No awards were made under the plan in fiscal 2018. All EIP awards were in the form of either restricted stock vesting at the rate of 20% of such shares per year, or performance-based restricted stock vesting at up to of 20% of such shares per year, contingent on the achievement of specified profitability targets over a three-year period. During fiscal 2018, 2017, and 2016, there were 5,400, 21,200, and 19,786 EIP shares (split-adjusted) vested each year, respectively. Compensation expense, in the amount of the fair market value of the common stock at the date of grant, is recognized pro-rata over the five years during which the shares vest. The EIP expense for fiscal 2018, 2017, and 2016 was $165,000, $284,000, and $260,000, respectively. At June 30, 2018, unvested compensation expense related to the EIP was approximately $391,000.

X
- Definition Represents the textual narrative disclosure of 2008 Equity Incentive Plan Policy, during the indicated time period. + References No definition available. + Details
Name: | fil_N2008EquityIncentivePlanPolicyTextBlock
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PolicyTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration