Annual report pursuant to Section 13 and 15(d)

Note 10 - Restructuring and Other Impairment Activities (Details Textual)

v3.23.2
Note 10 - Restructuring and Other Impairment Activities (Details Textual) - USD ($)
$ in Thousands
 1 Months Ended 11 Months Ended 12 Months Ended
Aug. 01, 2022
Apr. 30, 2023
Jun. 30, 2023
Jun. 30, 2023
Jun. 30, 2022
Sale and Leaseback Transaction, Gain (Loss), Net $ 1,800   $ 2,400 $ 4,222 [1] $ (0) [1]
Sale Lease Back Transaction Deferred Liabilities $ 5,200   2,800 2,800  
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal [2]       311 5,431
Sale Leaseback Transaction, Deferred Liabilities, Current [3]     2,620 2,620 0
Sale Leaseback Transaction, Deferred Liabilities, Noncurrent     $ 200 $ 200  
Previously Closed Property [Member]          
Proceeds from Divestiture of Businesses, Net of Cash Divested   $ 1,800     11,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal   $ 300     $ 5,400
[1] In August 2022, we sold and subsequently leased back a retail design center and recognized a net gain of $4.2 million for the year ended June 30, 2023. The remaining deferred liability of $2.8 million as of June 30, 2023 will be recognized over the remaining life of the lease. Refer to Note 6, Leases, for further discussion on the sale-leaseback transaction.
[2] In April 2023, we sold a previously closed property to an independent third party for $1.8 million, which resulted in a pre-tax gain of $0.3 million. During the prior year period, we completed the sale of three previously closed properties to independent third parties for $11.0 million, less closing costs, in three separate transactions. As a result of these property sales, the Company recognized a pre-tax gain of $5.4 million.
[3] As of June 30, 2023, the deferred liability balance associated with the sale-leaseback transaction completed on August 1, 2022 was $2.8 million, with $2.6 million in Other current liabilities and $0.2 million in Other long-term liabilities on our consolidated balance sheet. Refer to Note 6, Leases, for further disclosure on the transaction.