Annual report pursuant to Section 13 and 15(d)

Note 14 - Accumulated Other Comprehensive Income

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Note 14 - Accumulated Other Comprehensive Income
 12 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
(14)     Accumulated Other Comprehensive Income
 
The following table sets forth the activity in accumulated other comprehensive income for the fiscal year ended June 30, 2016 (in thousands):
 
   
Foreign
  
   
currency
  
   
translation
  
   
adjustments
  
Balance June 30, 2015
   $ (2,638 )
Changes before reclassifications
     (2,208 )
Amounts reclassified from accumulated
other comprehensive income
     -  
Current period other comprehensive income
     (2,208 )
Balance June 30, 2016
   $ (4,846 )
 
Foreign currency translation adjustments are the result of changes in foreign currency exchange rates related to our operations in Canada, Belgium, Honduras and Mexico, and exclude income taxes given that the earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite period of time.