Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jun. 30, 2023

Notes to Financial Statements

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

LSI INDUSTRIES INC. AND SUBSIDIARIES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED JUNE 30, 2023, and 2022

(In thousands)  

Description	Balance Beginning of Period		Additions Charged to Costs and Expenses			Additions from Company Acquired		Deductions (a)			Balance End of Period
Allowance for Credit Losses:
Year Ended June 30, 2023	$	499	$	(19	)	$	-	$	(45	)	$	435
Year Ended June 30, 2022	$	256	$	249		$	-	$	(6	)	$	499
Inventory Obsolescence Reserve:
Year Ended June 30, 2023	$	5,447	$	2,496		$	-	$	(1,654	)	$	6,289
Year Ended June 30, 2022	$	5,050	$	2,111		$	-	$	(1,714	)	$	5,447
Deferred Tax Asset Valuation Reserve:
Year Ended June 30, 2023	$	108	$	-		$	-	$	-		$	108
Year Ended June 30, 2022	$	108	$	-		$	-	$	-		$	108

(a) For Allowance for credit losses, deductions are uncollectible accounts charged off, less recoveries.