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Incentive Plans (Tables)
12 Months Ended
Jun. 30, 2025
Incentive Plans  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

    

Fiscal 2025

    

Fiscal 2024

    

Expected volatility

 

23.4% - 23.6%

21.6% - 22.9%

Weighted average volatility

 

23.5

%  

22.5

%  

Expected dividend yield

 

3.4% - 3.7%

4.5

%  

Expected term (in years)

 

7.3

 

7.4

 

Risk-free interest rate

 

4.3% - 4.5%

4.3

%  

Schedule of stock option activity

The following tables summarize the stock option activity in the Plans during the fiscal years ended June 30, 2025 and 2024.

    

    

    

Weighted

    

Weighted

Average

Aggregate

Average

Remaining

Intrinsic

Exercise

Contractual

Value

Options

Shares

Price

Term (Years)

($000)

Outstanding at June 30, 2023

 

434,500

$

16.04

 

  

 

  

Granted

 

98,000

$

12.44

 

  

 

  

Exercised

 

$

 

  

 

  

Forfeited

 

(5,000)

$

14.52

 

  

 

  

Expired

(47,500)

$

15.71

Outstanding at June 30, 2024

 

480,000

$

15.35

 

3.29

$

Vested and expected to vest at June 30, 2024

 

475,950

$

16.36

 

3.25

$

Exercisable at June 30, 2024

 

355,000

$

16.18

 

1.14

$

Outstanding at June 30, 2024

 

480,000

$

15.35

 

  

 

  

Granted

 

32,000

$

15.72

 

  

 

  

Exercised

 

$

 

  

 

  

Forfeited

 

(41,000)

$

19.31

 

  

 

  

Expired

(242,000)

$

14.59

Outstanding at June 30, 2025

 

229,000

$

15.51

 

6.99

$

20

Vested and expected to vest at June 30, 2025

 

226,450

$

15.51

 

7.00

$

18

Exercisable at June 30, 2025

 

82,000

$

19.10

 

3.87

$

10

Schedule of Share-based Compensation, Unvested Restricted Stock Units Award Activity

The following table summarizes the restricted stock activity for the fiscal years ended June 30, 2025 and 2024.

    

    

Weighted Average

Award Date

Unvested Shares

Shares

Fair Value

Unvested at June 30, 2023

 

51,000

$

12.95

Awarded

 

131,000

$

11.08

Vested

 

(2,000)

$

12.09

Forfeited

 

(3,350)

$

12.95

Unvested at June 30, 2024

 

176,650

$

11.57

Expected to vest at June 30, 2024

 

150,153

$

11.57

Unvested at June 30, 2024

 

176,650

$

11.57

Awarded

 

17,500

$

14.13

Vested

 

(23,825)

$

12.95

Forfeited

 

(25,675)

$

11.29

Unvested at June 30, 2025

 

144,650

$

11.70

Expected to vest at June 30, 2025

 

122,953

$

11.70