Annual report pursuant to Section 13 and 15(d)

Note 21 - Subsequent Event

Note 21 - Subsequent Event
12 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Subsequent Events [Text Block]


Subsequent Event


In July 2023, our Case Goods manufacturing facility located in Orleans, Vermont was damaged by flood waters from the Barton River. The Company's incurred losses from the disposal of damaged inventory, inoperable machinery equipment from water damage, business interruption, facility cleanup, and restoration, are not yet determinable. We are working through insurance to recover a portion of our incurred losses. The manufacturing facility in Orleans resumed operations during August 2023 and is focused on reducing its backlog. The losses incurred from the flooding had no effect on the fiscal 2023 consolidated financial statements and are not expected to have a material impact on the fiscal 2024 consolidated financial statements.