Note 15 - Severance Costs

12 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

NOTE 15 – SEVERANCE COSTS

The Company recorded severance charges of less than $0.1 million in fiscal 2022 and 2021, respectively. This severance expense was related to reductions in staffing not related to plant restructuring.

The activity in the Company’s accrued severance liability was as follows for the twelve months ended June 30, 2021, and 2020:

	June 30,			June 30,
(In thousands)	2022			2021
Balance at beginning of period	$	13		$	639
Accrual of expense		13			41
Payments		(26	)		(667	)
Balance at end of period	$	-		$	13