Note 8 - Business Acquisitions
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9 Months Ended |
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Mar. 31, 2012
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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 nine
months ended March 31, 2012 or 2011 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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