Note 13 - Severance Costs

3 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE 13 – SEVERANCE COSTS

The activity in the Company’s accrued severance liability is as follows for the periods indicated:

	Three Months			Three Months			Fiscal Year
	Ended			Ended			Ended
	September 30,			September 30,			June 30,
(In thousands)	2020			2019			2020
Balance at beginning of period	$	639		$	1,134		$	1,134
Accrual of expense		-			18			344
Payments		(225	)		(162	)		(839	)
Balance at end of period	$	414		$	990		$	639

The $0.4 million severance reserve reported as of September 30, 2020 has been classified as a current liability and will be paid out over the next twelve months.