Equity Incentive Plan (Tables)
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6 Months Ended |
Dec. 31, 2022 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs |
The table below presents share-based compensation expense and the estimated related tax benefit for stock options and restricted stock for the dates indicated below: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended December 31, | | 2022 | | 2021 | | 2022 | | 2021 | | Share-based compensation expense | $ | 464 | | | $ | 485 | | | $ | 1,031 | | | $ | 900 | | | Tax benefit | 110 | | | 114 | | | 244 | | | 212 | |
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| Equity Incentive Plan Stock Option Activity |
The table below presents stock option activity and related information for the six months ended December 31, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | Options | | Weighted-
Average
Exercise
Price | | Remaining
Contractual
Life
(Years) | | Aggregate
Intrinsic
Value | | Options outstanding at June 30, 2021 | 1,319,456 | | | $ | 19.07 | | | 3.9 | | $ | 11,657 | | | | | | | | | | | | | | | | | | | Exercised | (347,800) | | | 14.50 | | | — | | | — | | | Forfeited | (18,600) | | | 23.06 | | | — | | | — | | | | | | | | | | | Options outstanding at December 31, 2021 | 953,056 | | | $ | 20.65 | | | 4.1 | | $ | 9,840 | | | Exercisable at December 31, 2021 | 727,506 | | | $ | 19.12 | | | 3.2 | | $ | 8,631 | | | Non-vested at December 31, 2021 | 225,550 | | | $ | 25.62 | | | 6.9 | | $ | 1,210 | | | | | | | | | | | Options outstanding at June 30, 2022 | 928,870 | | | $ | 21.49 | | | 4.1 | | $ | 4,036 | | | Granted | 5,000 | | | 24.07 | | | — | | | — | | | | | | | | | | | Exercised | (74,047) | | | 14.37 | | | — | | | — | | | Forfeited | (10,200) | | | 26.98 | | | — | | | — | | | | | | | | | | | Options outstanding at December 31, 2022 | 849,623 | | | $ | 22.06 | | | 3.9 | | $ | 2,958 | | | Exercisable at December 31, 2022 | 682,673 | | | $ | 20.88 | | | 3.1 | | $ | 2,918 | | | Non-vested at December 31, 2022 | 166,950 | | | $ | 26.88 | | | 7.1 | | $ | 40 | |
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| Assumptions Used In Estimating the Fair Value of Options Granted |
Assumptions used in estimating the fair value of options granted during the six months ended December 31, 2022 have been detailed below. There were no options granted during the six months ended December 31, 2021. | | | | | | | | | | | | | | | December 31, 2022 | | | | | | | | | | Weighted-average volatility | 27.78 | % | | | | | | | | | | Expected dividend yield | 1.62 | % | | | | | | | | | | Risk-free interest rate | 3.11 | % | | | | | | | | | | Expected life (years) | 6.5 | | | | | | | | | | Weighted-average fair value of options granted | $ | 6.77 | | | | | | | | | |
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| Schedule of Nonvested Restricted Stock Units Activity |
The table below presents restricted stock award activity and related information: | | | | | | | | | | | | | | | | | | | Restricted
Stock Awards | | Weighted-
Average Grant
Date Fair Value | | Aggregate
Intrinsic
Value | | Non-vested at June 30, 2021 | 151,575 | | | $ | 25.06 | | | $ | 4,229 | | | | | | | | | Vested | (8,918) | | | 26.93 | | | — | | | Forfeited | (9,400) | | | 24.57 | | | — | | | Non-vested at December 31, 2021 | 133,257 | | | $ | 25.06 | | | $ | 4,128 | | | | | | | | | Non-vested at June 30, 2022 | 135,910 | | | $ | 27.40 | | | $ | 2,345 | | | Granted | 7,986 | | | 25.32 | | | — | | | Vested | (13,861) | | | 27.11 | | | — | | | Forfeited | (6,200) | | | 27.64 | | | — | | | Non-vested at December 31, 2022 | 123,835 | | | $ | 27.28 | | | $ | 2,033 | |
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