Annual report pursuant to Section 13 and 15(d)

Note 17 - Share-based Compensation (Tables)

v3.23.2
Note 17 - Share-based Compensation (Tables)
12 Months Ended
Jun. 30, 2023
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  

Granted

    25,410     $ 23.61       n/a       n/a  

Exercised

    (55,220 )   $ 20.23       n/a     $ 287  

Canceled (forfeited/expired)

    (117,105 )   $ 23.98       n/a       n/a  

Outstanding at June 30, 2022

    107,040     $ 23.75       4.4     $ 120  

Granted

    23,970     $ 25.03       n/a       n/a  

Exercised

    (2,666 )   $ 28.05       n/a     $ 4  

Canceled (forfeited/expired)

    (13,507 )   $ 23.64       n/a       n/a  

Outstanding at June 30, 2023

    114,837     $ 23.93       4.8     $ 560  

Exercisable at June 30, 2023

    85,104     $ 24.22       3.5     $ 406  
Schedule of Nonvested Share Activity [Table Text Block]
           

Weighted Average

 
   

Options

   

Exercise Price

 

Nonvested at June 30, 2022

    20,492     $ 18.22  

Granted

    23,970     $ 25.03  

Vested

    (10,734 )   $ 17.39  

Canceled (forfeited)

    (3,995 )   $ 25.03  

Nonvested at June 30, 2023

    29,733     $ 23.09  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2023

   

2022

   

2021

 

Volatility

    41.6 %     39.3 %     38.2 %

Risk-free rate of return

    2.92 %     0.73 %     0.35 %

Dividend yield

    4.25 %     3.79 %     3.26 %

Expected average life (years)

    4.9       5.5       5.5  

Grant date fair value

  $ 5.98     $ 5.04     $ 3.20  

Fair value as a % of exercise price

    23.9 %     21.3 %     24.7 %
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
           

Weighted

 
   

Restricted

   

Average

 
    Stock Units    

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  

Granted

    51,100     $ 20.71  

Vested

    (29,000 )   $ 9.43  

Canceled (forfeited)

    (17,000 )   $ 12.66  

Outstanding at June 30, 2022

    76,100     $ 16.23  

Granted

    21,257     $ 19.48  

Vested

    (32,150 )   $ 13.47  

Canceled (forfeited)

    (11,344 )   $ 18.16  

Outstanding at June 30, 2023

    53,863     $ 18.76  
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

    -       n/a  

Canceled (forfeited)

    (64,578 )   $ 18.29  

Outstanding at June 30, 2021

    377,867     $ 15.98  

Granted

    90,367     $ 17.15  

Vested

    (35,124 )   $ 18.19  

Canceled (forfeited)

    (112,975 )   $ 11.86  

Outstanding at June 30, 2022

    320,135     $ 17.53  

Granted

    103,096     $ 18.75  

Vested

    (31,635 )   $ 12.53  

Canceled (forfeited)

    (4,600 )   $ 18.75  

Outstanding at June 30, 2023

    386,996     $ 18.25  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Fiscal Year Ended
June 30,

 
   

2023

   

2022

   

2021

 

Fiscal 2020 grants

  $ -     $ 107     $ 234  

Fiscal 2021 grants

    236       143       301  

Fiscal 2022 grants

    317       413       -  

Fiscal 2023 grants

    280       -       -  

Total expense

  $ 833     $ 663     $ 535  
Schedule of Share-based Payment Award, Performance Stock Units, Valuation Assumptions [Table Text Block]
   

Fiscal Year Ended
June 30,

 
   

2023

   

2022

   

2021

 

Volatility

    47.7 %     43.3 %     56.0 %

Risk-free rate of return

    3.16 %     0.62 %     0.14 %

Dividend yield

    4.25 %     3.79 %     3.26 %