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Note 3 - Acquisition of EMI Industries, LLC (Tables)
6 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(In thousands)

 

April 18, 2024 as

initially reported

   

Adjustments

   

April 18, 2024 as

adjusted

 
                         

Accounts Receivable

  $ 11,386     $ -     $ 11,386  

Inventory

    12,246       -       12,246  

Property, Plant and Equipment

    7,719       -       7,719  

Operating Lease Right-Of-Use Assets

    8,734       -       8,734  

Other Assets

    1,176       -       1,176  

Intangible Assets

    15,670       -       15,670  

Accounts Payable

    (7,103 )     -       (7,103 )

Accrued Expenses

    (6,308 )     -       (6,308 )

Operating Lease Liabilities

    (5,987 )     -       (5,987 )

Identifiable Assets

    37,533       -       37,533  

Goodwill

    12,367       59       12,426  

Net Purchase Consideration

  $ 49,900     $ 59     $ 49,959  
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

(in thousands)

 

Estimated Fair

Value

   

Estimated Useful

Life (Years)

 
                 
                 

Tradename

  $ 4,880    

Indefinite life

 

Technology assets

    3,160       7  

Non-compete

    140       5  

Customer relationships

    7,490       20  
    $ 15,670          
Business Acquisition, Pro Forma Information [Table Text Block]
   

Twelve Months Ended
June 30

 

(in thousands; unaudited)

               
   

2024

   

2023

 

Sales

  $ 535,849     $ 578,169  
                 

Gross Profit

  $ 141,788     $ 147,967  
                 

Operating Income

  $ 36,303     $ 38,798