Annual report pursuant to Section 13 and 15(d)

Note 18 - Restricted Cash and Investments

v3.10.0.1
Note 18 - Restricted Cash and Investments
12 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Restricted Assets Disclosure [Text Block]
(
18
)
Restricted Cash and Investments
 
At
June 30, 2017
we held
$7.3
million of cash and investments 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 restrictions were removed. See also Note
17,
“Financial Instruments”.