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Incentive Plans (Tables) | 12 Months Ended
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Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions |
|  | Fiscal 2020 |  | Fiscal 2019 |
Expected volatility |  | — | % | 16.5 | %
Weighted-average volatility |  | — | % | 16.5 | %
Expected dividend yield |  | — | % | 2.8 | %
Expected term (in years) |  | — |  | 7.5 |
Risk-free interest rate |  | — | % | 2.1 | %
Schedule of Share-based Compensation, Unvested Restricted Stock Units Award Activity | The following table summarizes the restricted stock activity for the years ended June 30, 2020 and 2019:
|  |  |  | Weighted-Average
|  |  |  | Award Date
Unvested Shares |  | Shares | Fair Value
Unvested at June 30, 2018 |  | 98,500 |  | $ | 14.35
Awarded |  | 224,500 |  | $ | 18.57
Vested |  | (89,500) |  | $ | 13.97
Forfeited |  | — |  | $ | —
Unvested at June 30, 2019 |  | 233,500 |  | $ | 18.55
Expected to vest at June 30, 2019 |  | 186,800 |  | $ | 18.55
Unvested at June 30, 2019 |  | 233,500 |  | $ | 18.55
Awarded |  | — |  | $ | —
Vested |  | — |  | $ | —
Forfeited |  | (8,000) |  | $ | 18.57
Unvested at June 30, 2020 |  | 225,500 |  | $ | 18.55
Expected to vest at June 30, 2020 |  | 180,400 |  | $ | 18.55
Equity Incentive Plans |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of stock option activity | The following tables summarize the stock option activity in the Plans during the years ended June 30, 2020 and 2019:
|  |  |  |  |  |  | Weighted- |  |  |
|  |  |  | Weighted- |  | Average |  | Aggregate
|  |  |  | Average |  | Remaining |  | Intrinsic
|  |  |  | Exercise |  | Contractual |  | Value
Options |  | Shares |  | Price |  | Term (Years) |  | ($000)
Outstanding at June 30, 2018 |  | 529,000 |  | $ | 12.77 |  |  |  |  |
Granted |  | 90,000 |  | $ | 20.19 |  |  |  |  |
Exercised |  | (48,250) |  | $ | 11.45 |  |  |  |  |
Forfeited |  | — |  | $ | — |  |  |  |  |
Outstanding at June 30, 2019 |  | 570,750 |  | $ | 14.05 |  | 5.21 |  | $ | 3,960
Vested and expected to vest at June 30, 2019 |  | 550,150 |  | $ | 13.82 |  | 5.05 |  | $ | 3,942
Exercisable at June 30, 2019 |  | 467,750 |  | $ | 12.72 |  | 4.25 |  | $ | 3,870
Outstanding at June 30, 2019 |  | 570,750 |  | $ | 14.05 |  |  |  |  |
Granted |  | — |  | $ | — |  |  |  |  |
Exercised |  | (16,250) |  | $ | 13.27 |  |  |  |  |
Forfeited |  | — |  | $ | — |  |  |  |  |
Outstanding at June 30, 2020 |  | 554,500 |  | $ | 14.07 |  | 4.22 |  | $ | 807
Vested and expected to vest at June 30, 2020 |  | 533,900 |  | $ | 13.84 |  | 4.06 |  | $ | 534
Exercisable at June 30, 2020 |  | 451,500 |  | $ | 12.70 |  | 3.23 |  | $ | 807

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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