Annual report pursuant to Section 13 and 15(d)

Note 12 - Employee Retirement Programs

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Note 12 - Employee Retirement Programs
12 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
(
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
$3.4
million in
2018,
$3.5
million in
2017,
and
$3.4
million in
2016.
 
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
$0.1
million,
$1.0
million, and
$3.6
million in
2018,
2017
and
2016,
respectively.