Annual report pursuant to Section 13 and 15(d)

Note 10 - Restructuring and Impairment Activities (Tables)

v3.20.2
Note 10 - Restructuring and Impairment Activities (Tables)
 12 Months Ended
Jun. 30, 2020
Notes Tables  
Restructuring and Related Costs [Table Text Block]
   
Fiscal 2020
    
Fiscal 2019
  
Optimization of manufacturing and logistics
   $
829
     $
6,330
  
Gain on sale of Passaic property
    
(11,497
 )    
-
  
Impairment of long-lived assets (retail)
    
5,171
      
9,913
  
Lease exit costs (remaining lease obligations)
    
2,372
      
2,662
  
Other charges (income)
    
106
      
(241
 )
Total Restructuring and other impairment charges, net of gains
   $
(3,019
 )   $
18,664
  
                 
Manufacturing overhead costs
(1)
    
1,319
      
866
  
Inventory write-downs
(1)
    
4,107
      
1,128
  
Total
   $
2,407
     $
20,658
  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
   
 
    
Fiscal 2020 Activity
    
 
  
Optimization of Manufacturing and Logistics
  
Balance
June 30, 2019
    
New Charges
(Income)
    
Non-Cash
    
(Payments)
Receipts
    
Balance
June 30, 2020
  
Employee severance, other payroll and benefit costs
   $
1,714
     $
777
     $
23
     $
(2,468
 )   $
-
 
Manufacturing overhead costs
    
-
      
1,319
      
-
      
(1,319
 )    
-
 
Sale of Passic property
    
-
      
(11,497
 )    
245
      
11,742
      
-
 
Sale of other property, plant and equipment
    
-
      
(675
 )    
-
      
675
      
-
 
Other exit costs
    
-
      
727
      
(522
 )    
(1,249
 )    
-
 
Sub-total
    
1,714
      
(9,349
 )    
(254
 )    
7,381
      
-
 
                                         
Retail Design Center Impairment
                                        
Impairment of long-lived assets
    
-
      
5,171
      
5,171
      
-
      
-
 
                                         
Other Restructuring and Impairment Charges
                                        
Inventory write-downs
    
-
      
4,107
      
4,107
      
-
      
-
 
Lease exit costs (remaining lease rentals)
    
3,145
      
2,372
      
1,847
      
(3,760
 )    
(90
 )
(1)
Other charges (income)
    
224
      
106
      
-
      
(271
 )    
59
  
(2)
Sub-total
    
3,369
      
6,585
      
5,954
      
(4,031
 )    
(31
)
                                         
Total Restructuring and other impairment activities
   $
5,083
     $
2,407
     $
10,871
     $
3,350
     $
(31
)