Ethan Allen Interiors Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)

3 Months Ended

Sep. 30, 2021

Notes Tables

Lease, Cost [Table Text Block]

		September 30,
		2021				2020
Weighted average remaining lease term (in years)
Operating leases			6.0				6.4
Financing leases			2.4				1.6
Weighted average discount rate
Operating leases			4.2	%			4.2	%
Financing leases			2.2	%			4.4	%

			Three months ended September 30,
	Statement of Comprehensive Income Location		2021				2020
Operating lease cost⁽¹⁾	Selling, general and administrative (“SG&A”) expenses		$	7,473			$	7,492
Financing lease cost
Depreciation of property	SG&A expenses			126				151
Interest on lease liabilities	Interest and other financing costs			7				5
Short-term lease cost⁽²⁾	SG&A expenses			308				159
Variable lease cost⁽³⁾	SG&A expenses			2,313				2,262
Less: Sublease income	SG&A expenses			(414	)			(438	)
Total lease expense			$	9,813			$	9,631

Lessee, Leases, Liability, Maturity [Table Text Block]

Fiscal Year		Operating Leases				Financing Leases
2022 (remaining nine months)		$	24,497			$	391
2023			25,850				490
2024			20,922				320
2025			17,334				8
2026			13,780				-
Thereafter			31,698				-
Total undiscounted future minimum lease payments			134,081				1,209
Less: imputed interest			(16,700	)			(30	)
Total present value of lease obligations⁽¹⁾		$	117,381			$	1,179

Lease, Supplemental Lease Information [Table Text Block]

		Three months ended September 30,
		2021				2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	8,521			$	8,390
Operating cash flows from financing leases		$	132			$	148
Operating lease assets obtained in exchange for operating lease liabilities		$	(624	)		$	4,477