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Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
LSI I
NDUSTRIES INC. AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED
JUNE 30,
20
20
and
20
1
9
(In
t
housands)
 
COLUMN A
  
COLUMN B
    
COLUMN C
    
COLUMN D
    
COLUMN E
    
COLUMN F
  
Description
  
Balance
Beginning
of Period
   
Additions
Charged to
Costs and
Expenses
   
Additions
from
Company
Acquired
    
Deductions
(a)
   
Balance
End of
Period
  
                                         
Allowance for Doubtful Accounts:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Year Ended June 30, 2020
   $
879
     $
19
     $
-
     $
(625
 )   $
273
  
Year Ended June 30, 2019
   $
409
     $
776
     $
-
     $
(306
 )   $
879
  
                                         
Inventory Obsolescence Reserve:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Year Ended June 30, 2020
   $
4,605
     $
2,454
     $
10
     $
(3,248
 )   $
3,821
  
Year Ended June 30, 2019
   $
3,632
     $
3,641
     $
-
     $
(2,668
 )   $
4,605
  
                                         
Deferred Tax Asset Valuation Reserve:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Year Ended June 30, 2020
   $
3,820
     $
-
     $
-
     $
(1,626
 )   $
2,194
  
Year Ended June 30, 2019
   $
4,749
     $
-
     $
-
     $
(929
 )   $
3,820
  
 
 
(a)
For Allowance for Doubtful Accounts, deductions are uncollectible accounts charged off, less recoveries.