Annual report pursuant to Section 13 and 15(d)

Note 21 - Subsequent Event

v3.22.2.2
Note 21 - Subsequent Event
12 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Subsequent Events [Text Block]

   

(21)

Subsequent Event

 

On August 1, 2022, we completed a sale and leaseback transaction with an independent third party for the land, building and related fixed assets of a retail design center. As part of the transaction, we received gross proceeds of $8.4 million, less closing costs. The design center was leased back to Ethan Allen via a multi-year operating lease agreement.