Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Restructuring and Other Impairment Activities (Tables)

v3.20.1
Note 10 - Restructuring and Other Impairment Activities (Tables)
9 Months Ended
Mar. 31, 2020
Notes Tables  
Restructuring and Related Costs [Table Text Block]
   
Three months ended
   
Nine months ended
   
   
March 31, 2020
   
March 31, 2020
   
Optimization of manufacturing and logistics
  $
368
    $
829
 
 
Gain on sale of Passaic property
   
-
     
(11,497
)
 
Impairment of long-lived assets (retail)
   
389
     
389
 
 
Other charges
   
105
     
106
 
 
Total Restructuring and other impairment charges, net of gains
  $
862
    $
(10,173
)
 
Manufacturing overhead costs
   
(5
)    
1,318
   
(1)
Inventory write-downs
   
-
     
3,208
   
(1)
Total
  $
857
    $
(5,647
)
 
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
   
Balance
   
Fiscal 2020 Activity
   
Balance
 
Optimization of Manufacturing and Logistics
 
June 30, 2019
   
New Charges (Income)
   
Non-Cash
   
(Payments) Receipts
   
March 31, 2020
 
Employee severance, other payroll and benefit costs
  $
1,714
    $
777
    $
23
    $
(2,468
)   $
-
 
Manufacturing overhead costs
   
-
     
1,318
     
-
     
(1,318
)    
-
 
Sale of Passaic property
   
-
     
(11,497
)    
245
     
11,742
     
-
 
Sale of other property, plant and equipment
   
-
     
(675
)    
-
     
675
     
-
 
Other exit costs
   
-
     
727
     
(523
)    
(1,250
)    
-
 
Sub-total
  $
1,714
    $
(9,350
)   $
(255
)   $
7,381
    $
-
 
                                         
Other Restructuring and Impairment Charges
                                       
Inventory write-downs
  $
-
    $
3,208
    $
3,208
    $
-
    $
-
 
Impairment of long-lived assets (retail)
   
-
     
389
     
389
     
-
     
-
 
Lease exit costs (remaining lease rentals)
   
3,145
     
-
     
2,878
     
(267
)    
-
 
(1)
Other charges (income)
   
224
     
106
     
-
     
(271
)    
59
 
(2)
Sub-total
  $
3,369
    $
3,703
    $
6,475
    $
(538
)   $
59
 
                                         
Total Restructuring, Impairments and other exit costs
  $
5,083
    $
(5,647
)   $
6,220
    $
6,843
    $
59