Note 5 - Credit Facility	9 Months Ended
Mar. 31, 2012
Schedule of Line of Credit Facilities [Table Text Block]	Note 5 – Credit Facility We have a $35 million credit facility, which expires in August 2015. This facility was amended effective January 20, 2012 and May 11, 2012 to extend the time period required to deliver certain post-close deliverables and title matters related to real property, and to modify certain definitions used in the credit agreement. At March 31, 2012, we had $3.4 million borrowing availability based on our accounts receivable and inventory levels, outstanding letters of credit totaling $1.4 million, and $7.6 million outstanding borrowings under the facility. Borrowings and letters of credit bear interest at either the daily three-month LIBOR rate plus 3.75% or a fixed LIBOR rate for three months plus 3.75%. The credit facility is guaranteed by substantially all of our subsidiaries and is secured by substantially all of our assets and those of our subsidiaries. The credit facility contains certain negative covenants and it requires the maintenance of a specified profitability, fixed charge coverage and minimum availability covenant, which, if not met, could adversely impact our liquidity. The facility also limits our ability to engage in certain actions without the lender’s consent, including, repurchasing our common stock, entering into certain mergers or consolidations, guaranteeing or incurring certain debt, engaging in certain stock or asset acquisitions, paying dividends, making certain investments in other entities, prepaying debt, and making certain property transfers. In addition, the facility contains customary representations and warranties and we have agreed to certain affirmative covenants, including reporting requirements. On May 11, 2012 we obtained a waiver from our lender for violation of the profitability covenant and fixed charge coverage covenant. These violations were driven by recognizing a $900,000 provision for doubtful accounts for one customer as of March 31, 2012, due to the customer’s financial difficulties raising doubts about the customer’s ability to make payment in the foreseeable future. Excluding the impact of this event, which drove the violation and subsequent waiver, we were in compliance with all covenants as of March 31, 2012. The maximum line of credit under the credit facility, which includes the revolver and letters of credit, is $35 million. The credit facility is asset-based and the available line of credit may be limited pursuant to certain borrowing base limitations, including (1) the amount of certain of our eligible accounts, (2) the amount of our eligible accounts with our largest customer, (3) the value of our eligible inventory, which is more specifically determined in part based on specific periods during our fiscal year, and (4) the amount of our borrowing base reserve. Our Canadian subsidiary had a CAD $1.4 million credit facility (direct advances limited to U.S. $1.1 million) with interest at the lender’s prime or U.S. base rates. The facility was secured by cash, credit balances, and/or deposit instruments of CAD $1.4 million. In connection with the consummation of our current $35 million credit facility in the first quarter of fiscal 2012, our Canadian subsidiary’s facility was terminated and all borrowings were paid and obligations were fulfilled.

Note 5 - Credit Facility

9 Months Ended

Mar. 31, 2012

Schedule of Line of Credit Facilities [Table Text Block]

Note 5 – Credit Facility

We have a $35 million credit facility, which expires in August 2015. This facility was amended effective January 20, 2012 and May 11, 2012 to extend the time period required to deliver certain post-close deliverables and title matters related to real property, and to modify certain definitions used in the credit agreement. At March 31, 2012, we had $3.4 million borrowing availability based on our accounts receivable and inventory levels, outstanding letters of credit totaling $1.4 million, and $7.6 million outstanding borrowings under the facility. Borrowings and letters of credit bear interest at either the daily three-month LIBOR rate plus 3.75% or a fixed LIBOR rate for three months plus 3.75%.

The credit facility is guaranteed by substantially all of our subsidiaries and is secured by substantially all of our assets and those of our subsidiaries. The credit facility contains certain negative covenants and it requires the maintenance of a specified profitability, fixed charge coverage and minimum availability covenant, which, if not met, could adversely impact our liquidity. The facility also limits our ability to engage in certain actions without the lender’s consent, including, repurchasing our common stock, entering into certain mergers or consolidations, guaranteeing or incurring certain debt, engaging in certain stock or asset acquisitions, paying dividends, making certain investments in other entities, prepaying debt, and making certain property transfers. In addition, the facility contains customary representations and warranties and we have agreed to certain affirmative covenants, including reporting requirements.

On May 11, 2012 we obtained a waiver from our lender for violation of the profitability covenant and fixed charge coverage covenant. These violations were driven by recognizing a $900,000 provision for doubtful accounts for one customer as of March 31, 2012, due to the customer’s financial difficulties raising doubts about the customer’s ability to make payment in the foreseeable future. Excluding the impact of this event, which drove the violation and subsequent waiver, we were in compliance with all covenants as of March 31, 2012.

The maximum line of credit under the credit facility, which includes the revolver and letters of credit, is $35 million. The credit facility is asset-based and the available line of credit may be limited pursuant to certain borrowing base limitations, including (1) the amount of certain of our eligible accounts, (2) the amount of our eligible accounts with our largest customer, (3) the value of our eligible inventory, which is more specifically determined in part based on specific periods during our fiscal year, and (4) the amount of our borrowing base reserve.

Our Canadian subsidiary had a CAD $1.4 million credit facility (direct advances limited to U.S. $1.1 million) with interest at the lender’s prime or U.S. base rates. The facility was secured by cash, credit balances, and/or deposit instruments of CAD $1.4 million. In connection with the consummation of our current $35 million credit facility in the first quarter of fiscal 2012, our Canadian subsidiary’s facility was terminated and all borrowings were paid and obligations were fulfilled.