Annual report pursuant to Section 13 and 15(d)

Note 17 - Share-based Compensation (Tables)

v3.20.2
Note 17 - Share-based Compensation (Tables)
12 Months Ended
Jun. 30, 2020
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, 2019
   
378,911
    $
21.95
     
 
     
 
 
Granted
   
59,188
    $
17.27
     
 
     
 
 
Exercised
   
(4,500
)   $
11.74
     
 
     
 
 
Canceled (forfeited/expired)
   
(30,493
)   $
23.81
     
 
     
 
 
Outstanding at June 30, 2020
   
403,106
    $
21.24
     
4.4
    $
-
 
Exercisable at June 30, 2020
   
320,368
    $
21.66
     
3.2
    $
-
 
Schedule of Nonvested Share Activity [Table Text Block]
           
Weighted Average
 
   
Options
   
Exercise Price
 
Nonvested at June 30, 2019
   
59,887
    $
26.84
 
Granted
   
59,188
    $
17.27
 
Vested
   
(33,339
)   $
27.86
 
Canceled (forfeited)
   
(2,998
)   $
26.19
 
Nonvested at June 30, 2020
   
82,738
    $
19.61
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   
2020
 
Volatility
   
30.8
%
Risk-free rate of return
   
1.62
%
Dividend yield
   
4.42
%
Expected average life (years)
   
5.9
 
Grant date fair value
  $
2.85
 
   
2020
   
2019
   
2018
 
Volatility
   
30.8
%    
31.3
%    
31.5
%
Risk-free rate of return
   
1.55
%    
2.80
%    
1.76
%
Dividend yield
   
3.97
%    
3.24
%    
2.47
%
Expected average life (years)
   
5.3
     
5.0
     
4.6
 
Grant date fair value
  $
3.30
    $
5.30
    $
6.93
 
Fair value as a % of exercise price
   
18.8
%    
22.6
%    
22.5
%
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, 2019
   
-
    $
-
 
Granted
   
58,000
    $
9.15
 
Vested
   
-
    $
-
 
Canceled (forfeited)
   
(2,000
)   $
9.15
 
Outstanding at June 30, 2020
   
56,000
    $
9.15
 
Share-based Payment Arrangement, Performance Shares, Activity [Table Text Block]
           
Weighted Average
 
           
Grant Date
 
   
Units
   
Fair Value
 
Outstanding at June 30, 2019
   
313,882
    $
22.82
 
Granted
   
99,405
    $
12.72
 
Vested
   
-
    $
-
 
Canceled (forfeited)
   
(88,180
)   $
25.27
 
Outstanding at June 30, 2020
   
325,107
    $
19.05
 
Schedule of Share-based Payment Award, Performance Stock Units, Valuation Assumptions [Table Text Block]
   
2020
   
2019
   
2018
 
Volatility
   
30.5
%    
32.1
%    
32.9
%
Risk-free rate of return
   
1.72
%    
2.72
%    
1.41
%
Dividend yield
   
3.97
%    
3.24
%    
2.47
%
Expected average life (years)
   
3.0
     
3.0
     
1.9
 
Restricted Stock Units (RSUs) [Member]  
Notes Tables  
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   
2020
   
2019
   
2018
 
Fiscal 2016 grants
  $
-
    $
5
    $
92
 
Fiscal 2017 grants
   
-
     
-
     
(12
)
Fiscal 2018 grants
   
-
     
(457
)    
457
 
Fiscal 2019 grants
   
101
     
321
     
-
 
Fiscal 2020 grants
   
59
     
-
     
-
 
Total expense
  $
160
    $
(131
)   $
537