Annual report pursuant to Section 13 and 15(d)

Note 17 - Share-based Compensation (Tables)

v3.22.2.2
Note 17 - Share-based Compensation (Tables)
12 Months Ended
Jun. 30, 2022
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       4.4     $ 990  

Granted

    59,188     $ 17.27       n/a       n/a  

Exercised

    (4,500 )   $ 11.74       n/a     $ 34  

Canceled (forfeited/expired)

    (30,493 )   $ 23.81       n/a       n/a  

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  

Exercisable at June 30, 2022

    86,548     $ 25.05       3.5     $ 50  
Schedule of Nonvested Share Activity [Table Text Block]
           

Weighted Average

 
   

Options

   

Exercise Price

 

Nonvested at June 30, 2021

    79,584     $ 16.18  

Granted

    25,410     $ 23.61  

Vested

    (36,018 )   $ 17.47  

Canceled (forfeited)

    (48,484 )   $ 18.25  

Nonvested at June 30, 2022

    20,492     $ 18.22  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2022

   

2021

   

2020

 

Volatility

    39.3 %     38.2 %     30.8 %

Risk-free rate of return

    0.73 %     0.35 %     1.55 %

Dividend yield

    3.79 %     3.26 %     3.97 %

Expected average life (years)

    5.5       5.5       5.3  

Grant date fair value

  $ 5.04     $ 3.20     $ 3.30  

Fair value as a % of exercise price

    21.3 %     24.7 %     18.8 %
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

    -       n/a  

Granted

    58,000     $ 9.15  

Vested

    -       n/a  

Canceled (forfeited)

    (2,000 )   $ 9.15  

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  
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

    -       n/a  

Canceled (forfeited)

    (88,180 )   $ 25.27  

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

Fiscal Year Ended June 30,

 
   

2022

   

2021

   

2020

 

Volatility

    43.3 %     56.0 %     30.5 %

Risk-free rate of return

    0.62 %     0.14 %     1.72 %

Dividend yield

    3.79 %     3.26 %     3.97 %
Restricted Stock Units (RSUs) [Member]  
Notes Tables  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

Fiscal Year Ended June 30,

 
   

2022

   

2021

   

2020

 

Fiscal 2019 grants

  $ -     $ 335     $ 101  

Fiscal 2020 grants

    107       234       59  

Fiscal 2021 grants

    143       301       -  

Fiscal 2022 grants

    413       -       -  

Total expense

  $ 663     $ 870     $ 160