Note 13 - Severance Costs

6 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE

1

3

– 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)	2019			2018			2019
Balance at beginning of period	$	1,134		$	1,772		$	1,772
Accrual of expense		46			492			560
Payments		(319	)		(549	)		(1,198	)
Balance at end of period	$	861		$	1,715		$	1,134

Of the total

$861,000

severance reserve reported as of

December 31, 2019,

$601,000

has been classified as a current liability and will be paid out over the next

twelve

months. The remaining

$260,000

has been classified as a long-term liability.