Note 13 - Severance Costs

3 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE

1

3

– SEVERANCE COSTS

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,
	2019			2018			2019
Balance at beginning of the period	$	1,134		$	1,772		$	1,772
Accrual of expense		18			--			560
Payments		(162	)		(197	)		(1,198	)
Adjustments		--			--			--
Balance at end of the period	$	990		$	1,575		$	1,134

Of the total

$990,000

reported as of

September 30, 2019,

$591,000

has been classified as a current liability and will be paid out over the next

twelve

months. The remaining

$399,000

has been classified as a long-term liability.