Note 13 - Severance Costs

9 Months Ended

Mar. 31, 2020

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:

	Nine Months			Nine Months			Fiscal Year
	Ended			Ended			Ended
	March 31,			March 31,			June 30,
(In thousands)	2020			2019			2019
Balance at beginning of period	$	1,134		$	1,772		$	1,772
Accrual of expense		73			534			560
Payments		(481	)		(956	)		(1,198	)
Balance at end of period	$	726		$	1,350		$	1,134

Of the total

$726,000

severance reserve reported as of

March 31, 2020,

$612,000

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

twelve

months. The remaining

$114,000

has been classified as a long-term liability.