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Note 16 - Restructuring Expenses

12 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Note 16 - Restructuring Charges

In fiscal year 2013, the Company continued to restructure its operations and overhead structure related to the storage division by reducing the size of its facilities and headcount as part of its strategic initiative to outsource manufacturing. In fiscal year 2014, we abandoned the Boulder lease for an additional of $26,000, the remaining balance of the lease and we brought back manufacturing to Simi Valley, for which we recovered $228,000. The recovery of the lease abandonment was calculated based on the amount of warehouse space required for manufacturing operations.

Our restructuring actions are strategic management decisions and until we achieve consistent and sustainable levels of profitability, we may incur restructuring charges in the future from additional cost reduction efforts.

Lease Abandonment Obligation
Balance as of June 30, 2013	$	1,040
Expensed		(393	)
Added		26
Recovered		(228	)
Balance as of June 30, 2014	$	445

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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