Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Inventories

v3.19.1
Note 6 - Inventories
 9 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Inventory Disclosure [Text Block]
(
6
)
Inventories
 
Inventories are stated at the lower of cost (
first
-in, 
first
-out) and net realizable value. Cost is determined based solely on those charges incurred in the acquisition and production of the related inventory (i.e. material, labor and manufacturing overhead costs).
 
Inventories at
March 31, 2019
and
June 30, 2018
are summarized as follows (in thousands):
 
   
March 31,
    
June 30,
  
   
2019
    
2018
  
Finished goods
   $
126,673
     $
124,640
  
Work in process
    
11,965
      
12,057
  
Raw materials
    
27,719
      
27,947
  
Valuation allowance
    
(1,732
 )    
(1,632
 )
Inventories
   $
164,625
     $
163,012