Pay vs Performance Disclosure
Pure in Millions

12 Months Ended

Jun. 30, 2024

USD ($)

Jun. 30, 2023

USD ($)

Jun. 30, 2022

USD ($)

Jun. 30, 2021

USD ($)

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, the following table reports the compensation of our Principal Executive Officer (PEO), and the average compensation of our other Named Executive Officers (Other NEOs) as reported in the Summary Compensation Table for the past three fiscal years, as well as their “compensation actually paid”(“CAP”) as calculated pursuant to recently adopted SEC rules and certain performance measures required by such rules.

					Value of Initial Fixed $100			Company
								Selected Measure
Fiscal Year (1) (a)	Summary Compensation Table Total for PEO (2) (b)	Compensation Actually Paid to PEO (3) (c)	Average Compensation Table Total for Other NEOs (4) (d)	Average Compensation Actually Paid to Other NEOs (3) (e)	LYTS Total Stockholder Return (f)	Peer Group Total Stockholder Return (g)	GAAP Net Income ($ mil.) (6) (h)	Adj. EBITDA ($ mil.) (7) (i)
2024	$3,077,598	$4,223,123	$1,225,195	$1,474,215	$243	$200	$25.0	$51.4
2023	$3,731,087	$6,402,557	$1,431,921	$1,585,393	$208	$165	$25.8	$51.6
2022	$2,451,233	$2,316,647	$803,367	$790,710	$100	$119	$15.0	$35.1
2021	$2,150,425	$3,299,030	$844,832	$1,100,678	$127	$151	$5.9	$21.1

(1) NEOs included in these columns reflect the following:

Fiscal Year	PEO	Non-PEO NEOs
2024	James A. Clark	James E. Galeese and Thomas A. Caneris
2023	James A. Clark	James E. Galeese, Thomas A. Caneris, and Jeffrey S. Bastian
2022	James A. Clark	James E. Galeese, Thomas A. Caneris, Michael C. Beck, and Jeffrey S. Bastian
2021	James A. Clark	James E. Galeese, Thomas A. Caneris, Michael C. Beck, and Jeffrey S. Bastian

(2) The dollar amounts reported in this column are the amounts of total compensation reported for Mr. Clark for each corresponding year in the "Total" column of the Summary Compensation table.

(3) The dollar amounts reported in this column represent the amount of “compensation actually paid” to the PEO and Other NEOs, as computed in accordance with Item 402(v) of Regulation S-K, with dividends already accounted for in the fair value of equity awards. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the PEO or Other NEOs during the applicable year. In accordance with the requirements, the following adjustments were made to the PEO and Other NEOs’ total compensation for each year to determine the "compensation actually paid":

PEO Total Compensation Amount

$ 3,077,598

$ 3,731,087

$ 2,451,233

$ 2,150,425

PEO Actually Paid Compensation Amount

$ 4,223,123

6,402,557

2,316,647

3,299,030

Adjustment To PEO Compensation, Footnote

	Fiscal Year 2024		Fiscal Year 2023		Fiscal Year 2022		Fiscal Year 2021
	PEO ($)	Other NEOs ($)	PEO ($)	Other NEOs ($)	PEO ($)	Other NEOs ($)	PEO ($)	Other NEOs ($)
Summary Compensation Table Total	$3,077,598	$1,225,195	$3,731,087	$1,431,921	$2,451,233	$803,367	$2,150,425	$844,832
Less Change in Pension Value Reported in Summary Compensation Table	$339,981	$198,444	$913,964	$499,678	($190,023)	($121,449)	$20,660	$35,175
Less Stock Award and Option Value Reported in Summary Compensation Table for the Fiscal Year(a)	$1,500,000	$435,000	$1,099,998	$263,334	$939,363	$224,861	$720,355	$185,775
Plus (Less) Fair value of Equity Awards Granted During Fiscal Year that are Outstanding and Unvested at End of Fiscal Year(b)	$1,724,532	$500,115	$2,034,199	$486,977	$945,810	$207,974	$1,104,237	$272,633
Plus (Less) Fair value of Equity Awards Granted in Any Prior Fiscal Year that are Outstanding and Unvested at End of Fiscal Year	$1,040,792	$314,375	$1,569,428	$378,507	($379,279)	($95,786)	$785,383	$187,709
Plus Fair Value at Vesting Date of Awards Granted and Vested During the Fiscal Year	$0	$0	$0	$0	$0	$10,270	$0	$0
Plus (Less) Change in Fair Value of Equity Awards granted in Prior Fiscal Years that Vested During the Fiscal Year	$220,182	$67,974	$1,081,804	$51,000	$48,223	($31,702)	$0	$16,453
Compensation Actually Paid (CAP)	$4,223,123	$1,474,215	$6,402,557	$1,585,393	$2,316,647	$790,710	$3,299,030	$1,100,678

(a) The amounts reflect the aggregate grant-date fair value reported in the “Stock Awards” columns in the Summary Compensation Table for the applicable year.

(b) In accordance with Item 402(v) requirements, the fair values of unvested and outstanding equity awards to our NEOs were measured as of the end of each fiscal year, and as of each vesting date, during the years displayed in the table above.

(4) The dollar amounts reported in this column are the average amounts of total compensation reported for Other NEOs for each corresponding year in the "Total" column of the Summary Compensation table.

(5) The Company is using as its Peer Group the S&P 600 Building Products Index, which is an index used by the Company for purposes of disclosure in its Form 10-K under Item 201(e) of Regulation S-K.

(6) The dollar amounts reported represent the amount of net income reflected in our consolidated audited financial statements for the applicable year.

(7) EBITDA was chosen as the “Company Selected Measure”, as it represents the most important financial performance measure used to align compensation actually paid to the PEO and other NEOs in 2023 to the Company's performance:

Tabular List of Company Performance Measures

We design our executive compensation plans to help attract, motivate, reward, and retain highly qualified executives who can create and sustain value for our shareholders. The metrics and performance criteria used in our short- and long-term incentive plans were selected based on their link to shareholder value creation over the long-term. The most important financial performance metrics used to link pay and performance for the most recently completed fiscal year are:

Most Important Performance Measures

Adjusted EBITDA

Net Sales

Return on Net Assets (RONA)

Non-PEO NEO Average Total Compensation Amount

$ 1,225,195

1,431,921

803,367

844,832

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,474,215

1,585,393

790,710

1,100,678

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid versus Total Shareholder Return

We use a variety of quantitative and qualitative metrics to align compensation with our performance and the value we are delivering to our shareholders. The graph below reflects the relationship between the CAP for the PEO and the average Other NEOs versus the Company's TSR and the peer group TSR, assuming an initial fixed investment of $100 for the fiscal years ended June 30, 2024, 2023, 2022 and 2021.

Compensation Actually Paid vs. Net Income

Compensation Actually Paid versus Net Income

Although Net Income is a required metric for purposes of the Pay Versus Performance Table (PVP Table), it is not a measure we use in our short- or long-term incentive plan and is not a factor the Committee considers in determining pay for our NEOs. The graph below presents CAP and Net Income for each of the four fiscal years reported in the PVP Table.

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid versus Adjusted EBITDA

The graph below reflects the relationship between the PEO and Average Other NEOs CAP and the Company’s Adjusted EBITDA metric for each of the four fiscal years reported in the PVP Table.

Tabular List, Table

RELATIONSHIP BETWEEN CAP AND PERFORMANCE MEASURES

In the “Compensation Discussion and Analysis” section of this proxy statement, we provide greater detail on the elements of our executive compensation program and our “pay-for-performance” compensation philosophy. We believe the Company’s executive compensation program and the executive compensation decisions included in the Summary Compensation Table and related disclosures appropriately reward our PEO and the Other NEOs for Company and individual performance, assist the Company in retaining our senior leadership team and support long-term value creation of our shareholders.

Total Shareholder Return Amount

$ 243

208

100

127

Peer Group Total Shareholder Return Amount

200

165

119

151

Net Income (Loss)

$ 25,000,000

$ 25,800,000

$ 15,000,000

$ 5,900,000

Company Selected Measure Amount

51.4

51.6

35.1

21.1

PEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 339,981

$ 913,964

$ (190,023)

$ 20,660

PEO | Equity Awards Adjustments

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,500,000

1,099,998

939,363

720,355

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,724,532

2,034,199

945,810

1,104,237

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,040,792

1,569,428

(379,279)

785,383

PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

220,182

1,081,804

48,223

0

Non-PEO NEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

198,444

499,678

(121,449)

35,175

Non-PEO NEO | Equity Awards Adjustments

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

435,000

263,334

224,861

185,775

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

500,115

486,977

207,974

272,633

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

314,375

378,507

(95,786)

187,709

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

10,270

0

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 67,974

$ 51,000

$ (31,702)

$ 16,453