Note 13 - Severance Costs

6 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE

1

3

– SEVERANCE COSTS

The Company recorded severance expense of $

83,000

and

$173,000

in the

six

months ended

December 31, 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:

	Six			Six			Fiscal
	Months Ended			Months Ended			Year Ended
(In thousands)	December 31,			December 31,			June 30,
	201 7			201 6			201 7
Balance at beginning of the period	$	235		$	39		$	39
Accrual of expense		83			173			523
Payments		(218	)		(205	)		(313	)
Adjustments		(14	)		--			(14	)
Balance at end of the period	$	86		$	7		$	235