Note 5 - Restricted Cash |
12 Months Ended | ||
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Jun. 30, 2019 | |||
Notes to Financial Statements | |||
Restricted Assets Disclosure [Text Block] |
We did
not June 30, 2019 or 2018. At June 30, 2017 we held $7.3 million of restricted cash in lieu of providing letters of credit for the benefit of the provider of our workmen’s compensation and other insurance liabilities. By June 30, 2018, this obligation had been reduced to $5.9 million, which was then exchanged for a letter of credit for the benefit of this provider, and the restricted cash balance was reduced to zero. As such, we did not hold any restricted cash at June 30, 2019 or 2018.
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