Note 3. Acquisition (Tables)

9 Months Ended

Mar. 31, 2019

Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

A summary of the preliminary purchase price allocation is as follows:

Purchase Price Allocation
(Amounts in Thousands)
Assets:
Receivables	$	330
Inventories	2,768
Prepaid expenses and other current assets	284
Net property and equipment	934
Goodwill	2,103
	$	6,419
Liabilities:
Accounts payable	$	1,447
Accrued expenses	122
	$	1,569
	$	4,850

Schedule of Goodwill [Table Text Block]

The following summarizes our goodwill activity:

Goodwill related to David Edward Acquisition
(Amounts in Thousands)
Goodwill - June 30, 2018	$	—
Goodwill - at acquisition date	1,960
Adjustments to purchase price allocation	143
Goodwill - March 31, 2019	$	2,103