Acquisitions (Tables) - USD ($)
$ in Thousands

12 Months Ended

Jun. 30, 2020

Jun. 30, 2019

Jun. 30, 2018

Business Combinations [Abstract]

Cash paid, net of cash acquired

$ 0

$ 0

$ 39,608

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the final allocation of consideration transferred as of the acquisition date:

(In thousands)	Fair Value			Estimated Useful Life (years)
Cash paid	$	38,871
Holdback Cash Amount	3,150
Multiemployer Plan Holdback	1,056
Fair value of Series A Preferred Stock (14,700 shares)(1)	11,756
Fair value of Holdback Stock (6,300 shares)(1)	4,825
Estimated post-closing net working capital adjustment	(8,059		)
Total consideration	$	51,599
Accounts receivable	$	7,503
Inventory	9,415
Prepaid expense and other assets	1,951
Property, plant and equipment	4,936
Goodwill	25,395
Intangible assets:
Customer relationships	16,000			10
Trade name/trademark—indefinite-lived	3,100
Accounts payable	(15,080		)
Other liabilities	(1,621		)
Total consideration	$	51,599

______________

(1) Fair value of Series A Preferred Stock and Holdback Stock as of the Closing Date, estimated as the sum of (a) the present value of the dividends payable thereon and (b) the stated value of the Series A Preferred Stock or Holdback Stock, as the case may be, adjusted for both the conversion premium and the discount for lack of marketability arising from conversion restrictions.

Business Acquisition, Schedule of Financial Information of Acquired Entity [Table Text Block]

The following table presents the net sales and income before taxes from the Boyd Business operations that are included in the Company’s consolidated statements of operations for the fiscal year ended June 30, 2018:

(In thousands)	For the Year Ended June 30,
	2018
Net sales	$	67,385
Income before taxes	$	1,572

Business Acquisition, Pro Forma Information [Table Text Block]

The following table sets forth certain unaudited pro forma financial results for the Company for the fiscal years ended June 30, 2018, as if the acquisition of the Boyd Business was consummated on the same terms as of the first day of the applicable fiscal year.  

	For the Year Ended June 30,
(In thousands)		2018
Net sales		$	628,526
(Loss) income before taxes		$	(642	)