Annual report pursuant to Section 13 and 15(d)

Note 14 - Accumulated Other Comprehensive Income

v3.7.0.1
Note 14 - Accumulated Other Comprehensive Income
 12 Months Ended
Jun. 30, 2017
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 years ended
June 30 (
in thousands):
 
   
Years ended June 30,
  
   
2017
    
2016
  
Beginning balance
   $
(4,846
 )   $
(2,638
 )
Changes before reclassifications
    
715
     
(2,208
 )
Amounts reclassified from accumulated
other comprehensive income
    
-
     
-
 
Current period other comprehensive income
    
715
     
(2,208
 )
Ending balance
   $
(4,131
 )   $
(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.