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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Components of Share-based Compensation Expense by Award Type

The following table presents the components of share-based compensation expense by award type for the years ended June 30, 2022, 2021, and 2020.

 

 

2022

 

 

2021

 

 

2020

 

Restricted stock awards

 

$

1,630

 

 

$

1,545

 

 

$

1,285

 

Performance stock units

 

 

1,828

 

 

 

1,439

 

 

 

(233

)

Stock options

 

 

 

 

 

 

 

 

9

 

Share-based compensation expense

 

$

3,458

 

 

$

2,984

 

 

$

1,061

 

 

Schedule of Income Tax Benefit Related to Share-based Compensation Expense by Award Type

The following table presents the income tax benefit related to share-based compensation expense recognized by award type.

 

 

 

2022

 

 

2021

 

 

2020

 

Restricted stock awards

 

$

377

 

 

$

350

 

 

$

290

 

Performance stock units

 

 

423

 

 

 

326

 

 

 

(53

)

Stock options

 

 

 

 

 

 

 

 

2

 

Share-based compensation expense

 

$

800

 

 

$

676

 

 

$

239

 

 

Summary of Restricted Stock Awards Activity

A summary of RSA activity for the years ended June 30, 2022, 2021, and 2020, is as follows:

 

 

 

Number of Restricted Stock Awards Outstanding

 

 

Weighted Average Grant Date Fair Value

 

Total Non-vested Restricted Stock Awards at June 30, 2019

 

 

53,804

 

 

$

22.94

 

Granted

 

 

138,457

 

 

 

17.41

 

Vested

 

 

(50,570

)

 

 

20.09

 

Forfeited

 

 

(34,797

)

 

 

20.24

 

Total Non-vested Restricted Stock Awards at June 30, 2020

 

 

106,894

 

 

 

18.01

 

Granted

 

 

93,357

 

 

 

20.34

 

Vested

 

 

(73,385

)

 

 

18.54

 

Forfeited

 

 

(8,673

)

 

 

19.29

 

Total Non-vested Restricted Stock Awards at June 30, 2021

 

 

118,193

 

 

 

19.42

 

Granted

 

 

95,753

 

 

 

25.04

 

Vested

 

 

(99,004

)

 

 

22.01

 

Forfeited

 

 

(8,534

)

 

 

24.65

 

Total Non-vested Restricted Stock Awards at June 30, 2022

 

 

106,408

 

 

 

21.65

 

 

Summary of Performance Stock Units Activity

A summary of PSU activity for the years ended June 30, 2022, 2021, and 2020, is as follows:

 

 

Number of Performance Stock Units

 

 

Weighted Average Grant Date Fair Value

 

Total Non-vested Performance Stock Units at June 30, 2019

 

 

50,621

 

 

$

23.34

 

Granted

 

 

72,048

 

 

 

18.18

 

Vested

 

 

(8,383

)

 

 

19.40

 

Forfeited

 

 

(46,882

)

 

 

20.82

 

Total Non-vested Performance Stock Units at June 30, 2020

 

 

67,404

 

 

 

20.02

 

Granted

 

 

123,096

 

 

 

22.11

 

Vested

 

 

(14,627

)

 

 

26.29

 

Forfeited

 

 

(15,588

)

 

 

20.25

 

Total Non-vested Performance Stock Units at June 30, 2021

 

 

160,285

 

 

 

21.03

 

Granted

 

 

53,842

 

 

 

28.73

 

Vested

 

 

(99,860

)

 

 

20.16

 

Forfeited

 

 

(9,077

)

 

 

26.71

 

Total Non-vested Performance Stock Units at June 30, 2022

 

 

105,190

 

 

 

25.30

 

 

 

Summary of Nonqualified Stock Options Activity

A summary of NSO activity for the years ended June 30, 2022, 2021, and 2020 is as follows:

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

 

 

 

 

 

 

 

 

Average

 

 

Remaining

 

Aggregate

 

 

 

 

 

 

 

Exercise

 

 

Contractual

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Term (Yrs.)

 

Value

 

Outstanding at June 30, 2019

 

 

80,859

 

 

$

10.70

 

 

6.1

 

$

719

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(48,467

)

 

 

10.70

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2020

 

 

32,392

 

 

 

10.70

 

 

5.1

 

 

270

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(7,952

)

 

 

10.70

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2021

 

 

24,440

 

 

 

10.70

 

 

4.1

 

 

381

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(9,294

)

 

 

10.70

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2022

 

 

15,146

 

 

 

10.70

 

 

3.1

 

 

157