Note 12 - Employee Retirement Programs
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12 Months Ended |
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Jun. 30, 2013
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Compensation and Retirement Disclosure [Abstract] | |
Pension and Other Postretirement Benefits Disclosure [Text Block] |
(12) Employee Retirement Programs The Ethan Allen Retirement Savings Plan The Ethan Allen Retirement Savings Plan (the "Savings Plan") is a defined contribution plan, which is offered to substantially all of our employees who have completed three consecutive months of service regardless of hours worked. We may, at our discretion, make a matching contribution to the 401(k) portion of the Savings Plan on behalf of each participant. Total 401(k) Company match expense amounted to $2.9 million in 2013, $2.6 million in 2012, and $2.5 million in 2011. The contribution was made entirely in cash in 2013, and 2012 and half in cash and half in shares of the Company’s common stock in 2011. Other Retirement Plans and Benefits Ethan Allen provides additional benefits to selected members of senior and middle management in the form of previously entered deferred compensation arrangements and a management cash bonus and other incentive programs. The total cost of these benefits was $3.4 million, $2.7 million, and $1.1 million in 2013, 2012 and 2011, respectively. |
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- Details
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- Definition
The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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