Note 2 - Other Balance Sheet Captions

6 Months Ended

Dec. 31, 2011

Supplemental Balance Sheet Disclosures [Text Block]

NOTE 2: OTHER BALANCE SHEET CAPTIONS

Inventory.  Inventory consists of the following:

	December 31, 2011		June 30, 2011		June 30, 2010
Finished goods	$	15,728	$	8,407	$	7,528
Barreled whiskey and bourbon		2,473		-		-
Raw materials		5,352		2,248		1,743
Work in process		3,529		1,626		535
Maintenance materials		3,468		3,120		2,944
Other		532		1,678		1,760
Total	$	31,082	$	17,079	$	14,510

Property and equipment.  Property and equipment consist of the following:

	December 31, 2011			June 30, 2011			June 30, 2010
Land, buildings and improvements	$	40,073		$	29,962		$	31,397
Transportation equipment		2,087			2,074			2,095
Machinery and equipment		141,195			117,346			129,141
Construction in progress		2,030			15,983			2,966
Property and equipment, at cost		185,385			165,365			165,599
Less accumulated depreciation and Amortization		(108,306	)		(102,115	)		(107,994	)
Property and equipment, net	$	77,079		$	63,250		$	57,605

Property and equipment includes construction in progress assets under a capital lease of $0, $7,335 and $0 at December 31, 2011, June 30, 2011 and June 30, 2010, respectively.

Property and equipment includes machinery and equipment assets under capital leases totaling $8,376, $1,040 and $1,040 at December 31, 2011, June 30, 2011 and June 30, 2010, respectively.  Accumulated depreciation for these assets totaled $1,540, $943 and $798 at December 31, 2011, June 30, 2011 and June 30, 2010, respectively.

Accrued expenses.  Accrued expenses consist of the following:

	December 31, 2011		June 30, 2011		June 30, 2010
Employee benefit plans (Note 8)	$	421	$	920	$	1,179
Salaries and wages		1,334		1,065		3,997
Restructuring charges		1,097		873		445
Property taxes		426		338		503
Other accrued expenses		745		1,203		1,386
Total	$	4,023	$	4,399	$	7,510