Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2020

Stock-Based Compensation [Abstract]

Summary of Phantom Stock Option Activity and Related Information

A summary of the Company’s phantom stock option activity and related information for the Plan for the three and nine months ended March 31, 2020 and 2019 is as follows:

	Three months ended March 31,					Nine months ended March 31,
	2020		2019			2020			2019
Number of options outstanding, beginning of period		1,765,100		1,742,100			1,711,600			1,634,160
Options Granted		-		-			614,700			592,700
Options Forfeited		-		-			(7,000	)		-
Options Paid in Cash		-		(18,000	)		(554,200	)		(502,760	)
Number of options outstanding, end of period		1,765,100		1,724,100			1,765,100			1,724,100

	Three months ended March 31,				Nine months ended March 31,
(In thousands)	2020		2019		2020		2019
Cash paid out on options vested	$	-	$	41	$	2,516	$	1,745
Compensation costs recognized		875		810		2,270		2,021