Note 12 - Employee Retirement Programs |
12 Months Ended |
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Jun. 30, 2017 | |
Notes to Financial Statements | |
Pension and Other Postretirement Benefits Disclosure [Text Block] |
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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 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 $3.5 million in 2017, $3.4 million in 2016, and $3.3 million in 2015. 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 $1.0 million, $3.6 million, and $3.7 million in 2017, 2016 and 2015, respectively. |