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Note 18 - Related Party Transactions
 12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
1
8
— RELATED PARTY TRANSACTIONS

 
The Company has recorded expense for the following related party transactions in the fiscal years indicated:
 
(In thousands)
 
201
7
 
  
2016
    
2015
  
                         
Keating Muething & Klekamp PLL
 
$
526
 
   $
207
     $
500
  
American Engineering and Metal Working
 
$
—
 
   $
522
     $
300
  
3970957 Canada Inc.
 
$
—
 
   $
—
     $
42
  
Synergy Electronic LTD
 
$
—
 
   $
—
     $
7
  
Atlas Melbane Street Properties, LLC   $
314
     $
—
     $
—
  
 
The Company has recognized revenue related to the following related party transactions in the fiscal years indicated:
 
(In thousands)
 
2017
 
  
2016
    
2015
  
                         
Wesco International
 
$
2,121
 
 
 $
2,450
 
   $
2,726
  
American Engineering and Metal Working
 
$
—
 
 
 $
27
 
   $
4
  
 
As of the balance sheet date indicated, the Company had the following liabilities recorded with respect to related party transactions:
 
(In thousands)
 
June 30,
 
  
June 30,
  
 
 
2017
 
  
2016
  
                 
Keating Muething & Klekamp PLL
 
$
28
 
   $
12
  
American Engineering and Metal Working
 
$
—
 
   $
6
  
 
The law firm of Keating Muething & Klekamp PLL, of which the son of
one
of the Company’s independent outside directors is a partner, is the Company’s primary outside law firm providing legal services in most areas required other than patents and intellectual property. Wesco International, of which
one
of the Company’s independent outside directors is a director, purchases lighting fixtures from the Company. The manufacturing firm of American Engineering and Metal Working, which is owned and operated by the son of the former president of the Company’s Graphics Segment, provides metal fabricated components.
3970957
Canada Inc., which is owned by the former president and another executive of the Company’s former LSI Saco Technologies subsidiary, owns the building that the former Canadian operation occupied and rented. Synergy Electronic LTD, which is owned and operated by the brother of an executive at the Company’s former LSI Saco Technologies, manufactures molds and materials used in video screens and research and development projects. The Company leases its Burlington, North Carolina facility from Atlas Melbane Street Properties, LLC which is partially owned by an executive of the Company.