Note 13 - Severance Costs

3 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE

1

3

– SEVERANCE COSTS

The Company recorded severance expense

of

$0

and

$145,000

in the

three

months ended

September 30, 2017

and

2016,

respectively. This severance expense was related to reductions in staffing

not

related to plant restructuring. See further discussion of restructuring expenses in Note

14.

The activity in the Company

’s Accrued Severance Liability is as follows for the periods indicated:

	Three			Three			Fiscal
	Months Ended			Months Ended			Year Ended
(In thousands)	September 30,			September 30,			June 30,
	201 7			201 6			201 7
Balance at beginning of the period	$	235		$	39		$	39
Accrual of expense		--			145			523
Payments		(159	)		(119	)		(313	)
Adjustments		--			--			(14	)
Balance at end of the period	$	76		$	65		$	235