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Incentive Plans (Tables)

12 Months Ended

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 of the changes in outstanding nonvested shares.

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