Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Inventories

v3.20.1
Note 5 - Inventories
 9 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Inventory Disclosure [Text Block]
(
5
)
Inventories
 
Inventories are stated at the lower of cost (on a
first
-in, 
first
-out basis) or net realizable value. Cost is determined based solely on those charges incurred in the acquisition and production of the related inventory.
 
Inventories at
March 31, 2020
and
June 30, 2019
are summarized as follows (in thousands):
 
   
March 31,
    
June 30,
  
   
2020
    
2019
  
Finished goods
   $
105,678
     $
128,047
  
Work in process
    
10,467
      
9,185
  
Raw materials
    
24,237
      
26,661
  
Inventory reserves
    
(1,608
 )    
(1,504
 )
Inventories, net
   $
138,774
     $
162,389