Note 13 - Severance Costs

6 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE 13 – SEVERANCE COSTS

The activity in the Company’s accrued severance liability is as follows for the periods indicated:

	Six Months			Six Months			Fiscal Year
	Ended			Ended			Ended
	December 31,			December 31,			June 30,
(In thousands)	2020			2019			2020
Balance at beginning of period	$	639		$	1,134		$	1,134
Accrual of expense		21			46			344
Payments		(392	)		(319	)		(839	)
Balance at end of period	$	268		$	861		$	639

The $0.3 million severance reserve reported as of December 31, 2020 has been classified as a current liability and will be paid out over the next twelve months.