Note 8 - Business Acquisitions
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6 Months Ended |
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Dec. 31, 2011
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Mergers, Acquisitions and Dispositions Disclosures [Text Block] |
(8)
Business Acquisitions and Joint Ventures
From
time to time the Company acquires design centers from its
independent retailers in arms length transactions. There were
no material acquisitions completed during the six months
ended December 31, 2011 or 2010 respectively. In October
2011, the Company and one if its independent retailers formed
a joint venture which began operating a new Ethan Allen
design center in Florida during the quarter ended December
31, 2011. The Company contributed $0.8 million for a 75%
interest in the joint venture. The independent retailer holds
a non-controlling interest.
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