Annual report pursuant to Section 13 and 15(d)

Note 17 - Share-based Compensation (Tables)

v3.21.2
Note 17 - Share-based Compensation (Tables)
12 Months Ended
Jun. 30, 2021
Notes Tables  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
                   

Weighted

         
           

Weighted

   

Average

         
           

Average

   

Remaining

   

Aggregate

 
           

Exercise

   

Contractual

   

Intrinsic Value

 
   

Options

   

Price

   

Term (yrs)

   

($ in thousands)

 

Outstanding at June 30, 2020

    403,106     $ 21.24       4.4     $ -  

Granted

    37,008     $ 12.97       n/a       n/a  

Exercised

    (174,662 )   $ 16.95       n/a     $ 667  

Canceled (forfeited/expired)

    (11,497 )   $ 18.62       n/a       n/a  

Outstanding at June 30, 2021

    253,955     $ 23.10       5.6     $ 1,368  

Exercisable at June 30, 2021

    174,371     $ 26.26       4.3     $ 459  
Schedule of Nonvested Share Activity [Table Text Block]
           

Weighted Average

 
   

Options

   

Exercise Price

 

Nonvested at June 30, 2020

    82,738     $ 19.61  

Granted

    37,008     $ 12.97  

Vested

    (32,662 )   $ 21.60  

Canceled (forfeited)

    (7,500 )   $ 14.58  

Nonvested at June 30, 2021

    79,584     $ 16.18  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2020

 

Volatility

    30.8 %

Risk-free rate of return

    1.72 %

Dividend yield

    5.04 %

Expected average life (years)

    6.7  

Grant date fair value

  $ 2.24  

Fair value as a % of exercise price

    13.3 %
   

2021

   

2020

   

2019

 

Volatility

    38.2 %     30.8 %     31.3 %

Risk-free rate of return

    0.35 %     1.55 %     2.80 %

Dividend yield

    3.26 %     3.97 %     3.24 %

Expected average life (years)

    5.5       5.3       5.0  

Grant date fair value

  $ 3.20     $ 3.30     $ 5.30  

Fair value as a % of exercise price

    24.7 %     18.8 %     22.6 %
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
   

Restricted
Stock Units

   

Weighted

Average

Fair Value

 

Outstanding at June 30, 2020

    56,000     $ 9.15  

Granted

    38,000     $ 9.58  

Vested

    (12,375 )   $ 9.15  

Canceled (forfeited)

    (10,625 )   $ 9.15  

Outstanding at June 30, 2021

    71,000     $ 9.38  
Share-based Payment Arrangement, Performance Shares, Activity [Table Text Block]
           

Weighted Average

 
           

Grant Date

 
   

Units

   

Fair Value

 

Outstanding at June 30, 2020

    325,107     $ 19.05  

Granted

    117,338     $ 8.76  

Vested

    -     $ -  

Canceled (forfeited)

    (64,578 )   $ 18.29  

Outstanding at June 30, 2021

    377,867     $ 15.98  
Schedule of Share-based Payment Award, Performance Stock Units, Valuation Assumptions [Table Text Block]
   

Fiscal Year Ended June 30,

 
   

2021

   

2020

   

2019

 

Volatility

    56.0 %     30.5 %     32.1 %

Risk-free rate of return

    0.14 %     1.72 %     2.72 %

Dividend yield

    3.26 %     3.97 %     3.24 %
Restricted Stock Units (RSUs) [Member]  
Notes Tables  
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Fiscal Year Ended June 30,

 
   

2021

   

2020

   

2019

 

Fiscal 2016 grants

  $ -     $ -     $ 5  

Fiscal 2017 grants

    -       -       -  

Fiscal 2018 grants

    -       -       (457 )

Fiscal 2019 grants

    335       101       321  

Fiscal 2020 grants

    234       59       -  

Fiscal 2021 grants

    301       -       -  

Total expense

  $ 870     $ 160     $ (131 )