LSI Industries (LYTS) 10-Q 31 Jan 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Dec. 31, 2013	Jan. 24, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'LSI Industries Inc.	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--06-30	'
Entity Common Stock, Shares Outstanding	'	24,074,487
Amendment Flag	'false	'
Entity Central Index Key	'0000763532	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Dec-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended				6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Net sales	$76,123	[1]	$71,082	[1]	$156,609	[1]	$145,801	[1]
Cost of products and services sold	59,366		57,200		120,730		114,048
Gross profit	16,757		13,882		35,879		31,753
Selling and administrative expenses	15,246		14,450		31,529		29,294
Goodwill impairment	'		2,141		'		2,141
Operating income (loss)	1,511		-2,709		4,350		318
Interest (income)	-7		-11		-14		-31
Interest expense	19		-7		38		33
Income (loss) before income taxes	1,499		-2,691		4,326		316
Income tax expense (benefit)	629		-241		1,591		936
Net income (loss)	$870		($2,450)		$2,735		($620)
Earnings (loss) per common share (see Note 4)	'		'		'		'
Basic (in Dollars per share)	$0.04		($0.10)		$0.11		($0.03)
Diluted (in Dollars per share)	$0.04		($0.10)		$0.11		($0.03)
Weighted average common shares outstanding	'		'		'		'
Basic (in Shares)	24,373		24,307		24,363		24,306
Diluted (in Shares)	24,627	[2]	24,391	[2]	24,530	[2]	24,382	[2]
[1]	Net sales are attributed to geographic areas based upon the location of the operation making the sale.
[2]	Options to purchase 1,197,150 common shares and 1,896,776 common shares at December 31, 2013 and 2012, respectively, and options to purchase 1,676,650 common shares and 1,852,451 common shares at December 31, 2013 and 2012, respectively, were not included in the computation of the three month and six month, respectively, diluted earnings per share because the exercise price was greater than the average fair market value of the common shares.

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Current Assets	'	'
Cash and cash equivalents	$10,940	$7,949
Accounts receivable, less allowance for doubtful accounts of $385 and $346, respectively	41,136	45,991
Inventories	47,214	42,093
Refundable income taxes	374	1,435
Other current assets	6,030	5,445
Total current assets	105,694	102,913
Property, Plant and Equipment, at cost	'	'
Land	7,022	7,015
Buildings	37,909	37,889
Machinery and equipment	76,570	71,535
Construction in progress	868	3,464
	122,369	119,903
Less accumulated depreciation	-76,863	-74,553
Net property, plant and equipment	45,506	45,350
Goodwill	10,508	10,508
Other Intangible Assets, net	8,441	8,579
Other Long-Term Assets, net	1,825	1,829
Total assets	171,974	169,179
Current Liabilities	'	'
Accounts payable	12,797	12,429
Accrued expenses	15,544	13,781
Total current liabilities	28,341	26,210
Other Long-Term Liabilities	1,121	1,279
Shareholders’ Equity	'	'
Common shares, without par value; Authorized 40,000,000 shares; Outstanding 24,070,584 and 24,057,266 shares, respectively	103,466	102,492
Retained earnings	39,046	39,198
Total shareholders’ equity	142,512	141,690
Total liabilities & shareholders’ equity	$171,974	$169,179

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified
Allowance for doubtful accounts (in Dollars) (in Dollars) (in Dollars)	$385	$346
Preferred shares, par value (in Dollars per share)	$0	$0
Preferred shares, Authorized shares	1,000,000	1,000,000
Preferred shares, issued	0	0
Common shares, par value (in Dollars per share)	$0	$0
Common shares, Authorized shares	40,000,000	40,000,000
Common shares, Outstanding	24,070,584	24,057,266

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash Flows from Operating Activities	'	'
Net income (loss)	$2,735,000	($620,000)
Non-cash items included in net income (loss):	'	'
Depreciation and amortization	2,969,000	3,676,000
Goodwill impairment	'	2,141,000
Deferred income taxes	-49,000	46,000
Deferred compensation plan	87,000	102,000
Stock option expense	779,000	638,000
Issuance of common shares as compensation	96,000	36,000
(Gain) on disposition of fixed assets	-38,000	-9,000
Allowance for doubtful accounts	68,000	295,000
Inventory obsolescence reserve	743,000	2,124,000
Changes in certain assets and liabilities:	'	'
Accounts receivable	4,787,000	7,313,000
Inventories	-5,864,000	-3,961,000
Refundable income taxes	1,061,000	-1,269,000
Accounts payable	368,000	324,000
Accrued expenses and other	-1,563,000	-784,000
Customer prepayments	2,368,000	-366,000
Net cash flows provided by operating activities	8,547,000	9,686,000
Cash Flows from Investing Activities	'	'
Purchases of property, plant and equipment	-2,721,000	-3,133,000
Proceeds from sale of fixed assets	40,000	31,000
Net cash flows (used in) investing activities	-2,681,000	-3,102,000
Cash Flows from Financing Activities	'	'
Cash dividends paid	-2,887,000	-7,207,000
Exercise of stock options	152,000	8,000
Purchase of treasury shares	-150,000	-141,000
Issuance of treasury shares	10,000	'
Net cash flows (used in) financing activities	-2,875,000	-7,340,000
Increase (decrease) in cash and cash equivalents	2,991,000	-756,000
Cash and cash equivalents at beginning of period	7,949,000	15,255,000
Cash and cash equivalents at end of period	$10,940,000	$14,499,000

Note_1_Interim_Condensed_Conso

Note 1 - Interim Condensed Consolidated Financial Statements	6 Months Ended
	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'
Condensed Financial Statements [Text Block]	'
	NOTE 1  -  INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
	The interim condensed consolidated financial statements are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, and rules and regulations of the Securities and Exchange Commission.  Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of Management, the interim financial statements include all normal adjustments and disclosures necessary to present fairly the Company’s financial position as of December 31, 2013, the results of its operations for the three and six month periods ended December 31, 2013 and 2012, and its cash flows for the six month periods ended December 31, 2013 and 2012. These statements should be read in conjunction with the financial statements and footnotes included in the fiscal 2013 Annual Report on Form 10-K.  Financial information as of June 30, 2013 has been derived from the Company’s audited consolidated financial statements.

Note_2_Summary_Of_Significant_

Note 2 - Summary Of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 2  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Consolidation:
	The condensed consolidated financial statements include the accounts of LSI Industries Inc. (an Ohio corporation) and its subsidiaries (collectively, the “Company”), all of which are wholly owned.  All intercompany transactions and balances have been eliminated in consolidation.
	Revenue Recognition:
	Revenue is recognized when title to goods and risk of loss have passed to the customer, there is persuasive evidence of a purchase arrangement, delivery has occurred or services have been rendered, and collectability is reasonably assured.  Revenue from product sales is typically recognized at time of shipment.  In certain arrangements with customers, as is the case with the sale of some of our solid-state LED (light emitting diode) video screens, revenue is recognized upon customer acceptance of the video screen at the job site.  Sales are recorded net of estimated returns, rebates and discounts. Amounts received from customers prior to the recognition of revenue are accounted for as customer pre-payments and are included in accrued expenses.
	The Company has four sources of revenue:  revenue from product sales; revenue from installation of products; service revenue generated from providing integrated design, project and construction management, site engineering and site permitting; and revenue from shipping and handling.
	Product revenue is recognized on product-only orders upon passing of title and risk of loss, generally at time of shipment.  However, product revenue related to orders where the customer requires the Company to install the product is recognized when the product is installed.  Other than normal product warranties or the possibility of installation or post-shipment service, support and maintenance of certain solid state LED video screens, billboards, or active digital signage, the Company has no post-shipment responsibilities.
	Installation revenue is recognized when the products have been fully installed.  The Company is not always responsible for installation of products it sells and has no post-installation responsibilities, other than normal warranties.
	Service revenue from integrated design, project and construction management, and site permitting is recognized when all products at each customer site have been installed.
	Shipping and handling revenue coincides with the recognition of revenue from sale of the product.
	The Company evaluates the appropriateness of revenue recognition in accordance with Accounting Standards Codification (“ASC”) Subtopic 605-25, Revenue Recognition:  Multiple–Element Arrangements. In situations where the Company is responsible for re-imaging programs with multiple sites, each site is viewed as a separate unit of accounting and has stand-alone value to the customer. Revenue is recognized upon the Company’s complete performance at the location, which may include a site survey, graphics products, lighting products, and installation of products. The selling price assigned to each site is based upon an agreed upon price between the Company and its customer and reflects the estimated selling price for that site relative to the selling price for sites with similar image requirements.
	The Company also evaluates the appropriateness of revenue recognition in accordance with ASC Subtopic 985-605, “Software:  Revenue Recognition.”  Our solid-state LED video screens, billboards and active digital signage contain software elements which the Company has determined are incidental and excluded from the scope of ASC Subtopic 985-605.
	Credit and Collections:
	The Company maintains allowances for doubtful accounts receivable for probable estimated losses resulting from either customer disputes or the inability of its customers to make required payments.  If the financial condition of the Company’s customers were to deteriorate, resulting in their inability to make the required payments, the Company may be required to record additional allowances or charges against income.  The Company determines its allowance for doubtful accounts by first considering all known collectability problems of customers’ accounts, and then applying certain percentages against the various aging categories based on the due date of the remaining receivables.  The resulting allowance for doubtful accounts receivable is an estimate based upon the Company’s knowledge of its business and customer base, and historical trends.  The Company also establishes allowances, at the time revenue is recognized, for returns, discounts, pricing and other possible customer deductions.  These allowances are based upon historical trends.
	The following table presents the Company’s net accounts receivable at the dates indicated.
	(In thousands)		December 31,			June 30,
			2013			2013
	Accounts receivable		$	41,521		$	46,337
	less Allowance for doubtful accounts			(385	)		(346	)
	Accounts receivable, net		$	41,136		$	45,991
	Cash and Cash Equivalents:
	The cash balance includes cash and cash equivalents which have original maturities of less than three months.  The Company maintains balances at financial institutions in the United States and Canada.  The balances at financial institutions in Canada are not covered by insurance.  In the United States, the FDIC limit for insurance coverage on non-interest bearing accounts is $250,000. As of December 31, 2013 and June 30, 2013, the Company had bank balances of $10,680,000 and $7,688,000, respectively, without insurance coverage.
	Inventories:
	Inventories are stated at the lower of cost or market.  Cost of inventories includes the cost of purchased raw materials and components, direct labor, as well as manufacturing overhead which is generally applied to inventory based on direct labor and material content. Cost is determined on the first-in, first-out basis.
	Property, Plant and Equipment and Related Depreciation:
	Property, plant and equipment are stated at cost.  Major additions and betterments are capitalized while maintenance and repairs are expensed.  For financial reporting purposes, depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows:
	Buildings (years)	28		-	40
	Machinery and equipment (years)	3		-	10
	Computer software (years)	3		-	8
	Costs related to the purchase, internal development, and implementation of the Company’s fully integrated enterprise resource planning/business operating software system are either capitalized or expensed in accordance with ASC Subtopic 350-40, “Intangibles – Goodwill and Other:  Internal-Use Software.”  Leasehold improvements are amortized over the shorter of fifteen years or the remaining term of the lease.
	The Company recorded $1,353,000 and $1,174,000 of depreciation expense in the second quarter of fiscal 2014 and 2013, respectively, and $2,563,000 and $2,335,000 of depreciation expense in the first half of fiscal 2014 and 2013, respectively
	Intangible Assets:
	Intangible assets consisting of customer relationships, trade names and trademarks, patents, technology and software, and non-compete agreements are recorded on the Company's balance sheet.  The definite-lived intangible assets are being amortized to expense over periods ranging between two and twenty years.  The Company evaluates definite-lived intangible assets for permanent impairment when triggering events are identified. Neither indefinite-lived intangible assets nor the excess of cost over fair value of assets acquired ("goodwill") are amortized, however they are subject to review for impairment.  See additional information about goodwill and intangibles in Note 7.
	Fair Value:
	The Company has financial instruments consisting primarily of cash and cash equivalents, revolving lines of credit, and on occasion, long-term debt.  The fair value of these financial instruments approximates carrying value because of their short-term maturity and/or variable, market-driven interest rates.  The Company has no financial instruments with off-balance sheet risk.
	Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in goodwill and other intangible asset impairment analyses, in the purchase price of acquired companies (if any), and in the valuation of the contingent earn-out. The fair value measurement of these nonfinancial assets and nonfinancial liabilities is based on significant inputs not observable in the market and thus represent Level 3 measurements as defined in ASC 820, “Fair Value Measurement.”
	Product Warranties:
	The Company offers a limited warranty that its products are free of defects in workmanship and materials.  The specific terms and conditions vary somewhat by product line, but generally cover defective products returned within one to five years from the date of shipment.  The Company records warranty liabilities to cover the estimated future costs for repair or replacement of defective returned products as well as products that need to be repaired or replaced in the field after installation.  The Company calculates its liability for warranty claims by applying estimates to cover unknown claims, as well as estimating the total amount to be incurred for known warranty issues.  The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary.
	Changes in the Company’s warranty liabilities, which are included in accrued expenses in the accompanying consolidated balance sheets, during the periods indicated below were as follows:
	(In thousands)		Six			Six			Fiscal
			Months Ended			Months Ended			Year Ended
			December 31,			December 31,			June 30,
			2013			2012			2013
	Balance at beginning of the period		$	1,424		$	1,121		$	1,121
	Additions charged to expense			1,208			640			2,134
	Deductions for repairs and replacements			(1,190	)		(558	)		(1,831	)
	Balance at end of the period		$	1,442		$	1,203		$	1,424
	Research and Development Costs:
	Research and development expenses are costs directly attributable to new product development, including the development of new technology for both existing and new products, and consist of salaries, payroll taxes, employee benefits, materials, supplies, depreciation and other administrative costs.   The Company follows the requirements of ASC Subtopic 985-20, “Software:  Costs of Software to be Sold, Leased, or Marketed,” and expenses as research and development all costs associated with development of software used in solid-state LED products.  All costs are expensed as incurred and are included in selling and administrative expenses. Research and development costs related to both product and software development totaled $2,127,000 and $1,522,000 for the three months ended December 31, 2013 and 2012, respectively, and $4,081,000 and $3,174,000 for the six months ended December 31, 2013 and 2012, respectively.
	Earnings Per Common Share:
	The computation of basic earnings per common share is based on the weighted average common shares outstanding for the period net of treasury shares held in the Company’s non-qualified deferred compensation plan.  The computation of diluted earnings per share is based on the weighted average common shares outstanding for the period and includes common share equivalents.  Common share equivalents include the dilutive effect of stock options, contingently issuable shares and common shares to be issued under a deferred compensation plan, all of which totaled 561,000 shares and 370,000 shares for the three months ended December 31, 2013 and 2012, respectively, and 468,000 shares and 357,000 shares for the six months ended December 31, 2013 and 2012, respectively. See further discussion in Note 4.
	New Accounting Pronouncements:
	In July 2012, the Financial Accounting Standards Board issued ASU 2012-02, “Intangibles – Goodwill and Other (Topic 350): Testing Long-Lived Intangible Assets for Impairment.”  This amended guidance is intended to simplify the test of indefinite-lived intangible assets for impairment by allowing companies to first assess qualitative factors to determine whether or not it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying value as the basis for determining whether it is necessary to perform the two-step impairment test. Previous guidance required companies to perform an annual indefinite-lived intangible asset impairment test. The amended guidance is effective for annual and interim tests performed for fiscal years beginning after September 15, 2012, or the Company’s fiscal year 2014, with early adoption permissible. The adoption of this standard in fiscal 2014 did not have an impact on the financial statements.
	In July 2013, the Financial Accounting Standards Board issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” This amended guidance is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amended guidance is effective for fiscal years and interim periods within those years, beginning after December 15, 2013, or the Company’s fiscal year 2015, with early adoption permissible. The adoption of this guidance is not expected to have a material impact on the financial statements.
	In September 2013, the Internal Revenue Service issued Treasury Decision 9636, which enacted final tax regulations regarding the capitalization and expensing of amounts paid to acquire, produce, or improve tangible property. The regulations also include guidance regarding the retirement of depreciable property. The regulations are required to be effective in taxable years beginning on or after January 1, 2014, although taxpayers may choose to apply them in taxable years beginning on or after January 1, 2012. The Company is currently assessing the impact of the final regulations on its financial statements.
	Comprehensive Income:
	The Company does not have any comprehensive income items other than net income (loss). The functional currency of the Company’s Canadian operation is the U.S. dollar.
	Subsequent Events:
	The Company has evaluated subsequent events for potential recognition and disclosure through the date the condensed consolidated financial statements were filed.  No items were identified during this evaluation that required adjustment to or disclosure in the accompanying financial statements.
	Reclassifications:
	Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications have no impact on net income or earnings per share.
	Use of Estimates:
	The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from those estimates.

Note_3_Business_Segment_Inform

Note 3 - Business Segment Information	6 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	NOTE 3 - BUSINESS SEGMENT INFORMATION
	ASC Topic 280, “Segment Reporting,” establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information of those segments to be presented in financial statements. Operating segments are identified as components of an enterprise for which separate discrete financial information is available for evaluation by the chief operating decision maker (the Company’s Chief Executive Officer) in making decisions on how to allocate resources and assess performance. While the Company has twelve operating segments, it has only three reportable operating business segments (Lighting, Graphics, and Electronic Components), an All Other Category, and Corporate and Eliminations.
	The Lighting Segment includes outdoor, indoor, and landscape lighting that has been fabricated and assembled for the commercial, industrial and multi-site retail lighting markets, the Company’s primary niche markets (petroleum / convenience store market, automotive dealership market, and quick service restaurant market), and LED solid state digital sports video screens. LED video screens are designed and manufactured by the Company’s Lighting Segment and by LSI Saco in the All Other Category. The Lighting Segment includes the operations of LSI Ohio Operations, LSI Metal Fabrication, LSI MidWest Lighting and LSI Lightron.  These operations have been integrated, have similar economic characteristics and meet the other requirements for aggregation in segment reporting.
	The Graphics Segment designs, manufactures and installs exterior and interior visual image elements related to graphics. These products are used in visual image programs in several markets, including the petroleum / convenience store market and multi-site retail operations. The Graphics Segment includes the operations of Grady McCauley, LSI Retail Graphics and LSI Integrated Graphic Systems, which have been aggregated as such facilities manufacture two-dimensional graphics with the use of screen and digital printing, fabricate three-dimensional structural graphics sold in the multi-site retail and petroleum / convenience store markets, and each exhibit similar economic characteristics and meet the other requirements for aggregation in segment reporting.
	The Electronic Components Segment designs, engineers and manufactures custom designed electronic circuit boards, assemblies and sub-assemblies, and various products used in various applications including the control of solid-state LED lighting and metal halide lighting.  The Electronic Components Segment includes the operations of LSI ADL Technology as well as LSI Virticus. LSI ADL Technology sells electronic circuit boards, assemblies and sub-assemblies directly to customers and also has significant inter-segment sales to the Lighting Segment. LSI Virticus sells lighting control systems directly to customers and to the Lighting Segment. Products produced by this segment may have applications in the Company’s other LED product lines such as digital scoreboards, advertising ribbon boards and billboards.
	The All Other Category includes the Company’s operating segments that neither meet the aggregation criteria, nor the criteria to be a separate reportable segment.  The Operations of LSI Images (menu board systems), LSI Adapt (implementation, installation and program management services related to products of the Graphics and Lighting Segments) and LSI Saco Technologies (designs and produces high-performance light engines, large format video screens using solid-state LED technology, and certain specialty LED lighting) are combined in the All Other Category.
	The Company’s corporate administration activities are reported in a line item titled Corporate and Eliminations.  This primarily includes intercompany profit in inventory eliminations, expense related to certain corporate officers and support staff, the Company’s internal audit staff, expense related to the Company’s Board of Directors, stock option expense for options granted to corporate administration employees, certain consulting expenses, investor relations activities, and a portion of the Company’s legal, auditing and professional fee expenses. Corporate identifiable assets primarily consist of cash, invested cash (if any), refundable income taxes, and deferred income tax assets.
	There was no concentration of consolidated net sales in the three or six months ended December 31, 2013 or 2012.  There was no concentration of accounts receivable at December 31, 2013 or June 30, 2013.
	Summarized financial information for the Company’s reportable business segments is provided for the indicated periods and as of December 31, 2013 and June 30, 2013:
	(In thousands)		Three Months Ended						Six Months Ended
			31-Dec						31-Dec
			2013			2012			2013			2012
	Net Sales:
	Lighting Segment		$	57,380		$	53,743		$	116,851		$	109,534
	Graphics Segment			12,954			10,532			26,962			21,277
	Electronic Components Segment			4,073			4,959			9,153			10,713
	All Other Category			1,716			1,848			3,643			4,277
			$	76,123		$	71,082		$	156,609		$	145,801
	Operating Income (Loss):
	Lighting Segment		$	2,157		$	2,477		$	5,968		$	6,990
	Graphics Segment			(275	)		(1,140	)		(112	)		(1,495	)
	Electronic Components Segment			1,041			(1,559	)		2,013			(773	)
	All Other Category			124			(1,429	)		128			(1,431	)
	Corporate and Eliminations			(1,536	)		(1,058	)		(3,647	)		(2,973	)
			$	1,511		$	(2,709	)	$	4,350		$	318
	Capital Expenditures:
	Lighting Segment		$	696		$	578		$	1,187		$	894
	Graphics Segment			177			145			234			363
	Electronic Components Segment			413			196			483			329
	All Other Category			10			27			39			57
	Corporate and Eliminations			195			851			778			1,490
			$	1,491		$	1,797		$	2,721		$	3,133
	Depreciation and Amortization:
	Lighting Segment		$	703		$	1,139		$	1,409		$	2,304
	Graphics Segment			232			224			453			446
	Electronic Components Segment			367			333			733			653
	All Other Category			42			46			82			93
	Corporate and Eliminations			217			84			292			180
			$	1,561		$	1,826		$	2,969		$	3,676
			December 31,			June 30,
			2013			2013
	Identifiable Assets:
	Lighting Segment		$	95,172		$	90,536
	Graphics Segment			23,250			28,792
	Electronic Components Segment			32,414			30,926
	All Other Category			6,388			6,361
	Corporate and Eliminations			14,750			12,564
			$	171,974		$	169,179
	The segment net sales reported above represent sales to external customers.  Segment operating income, which is used in management’s evaluation of segment performance, represents net sales less all operating expenses including impairment of goodwill, but excluding interest expense and interest income. Identifiable assets are those assets used by each segment in its operations. Corporate identifiable assets primarily consist of cash, invested cash (if any), refundable income taxes, and deferred income tax assets. Inter-segment revenues were eliminated in consolidation as follows:
			Three Months Ended						Six Months Ended
			31-Dec						31-Dec
	(In thousands)		2013			2012			2013			2012
	Lighting Segment inter-segment net sales		$	925		$	855		$	1,823		$	1,512
	Graphics Segment inter-segment net sales		$	195		$	449		$	400		$	1,286
	Electronic Components inter-segment net sales		$	9,450		$	7,283		$	17,954		$	13,619
	All Other Category inter-segment net sales		$	2,037		$	1,388		$	4,192		$	2,254
	The Company considers its geographic areas to be:  1) the United States, and 2) Canada.  The majority of the Company’s operations are in the United States, with one operation in Canada.  The geographic distribution of the Company’s net sales and long-lived assets are as follows:
	(In thousands)		Three Months Ended						Six Months Ended
			31-Dec						31-Dec
			2013			2012			2013			2012
	Net Sales (a):
	United States		$	76,060		$	70,964		$	155,733		$	145,653
	Canada			63			118			876			148
		$	76,123		$	71,082		$	156,609		$	145,801
		December 31,			June 30,
		2013			2013
Long-lived Assets (b):
United States		$	47,007		$	46,843
Canada			324			336
		$	47,331		$	47,179
a.	Net sales are attributed to geographic areas based upon the location of the operation making the sale.
b.	Long-lived assets include property, plant and equipment, and other long term assets.  Goodwill and intangible assets are not included in long-lived assets.

Note_4_Earnings_Per_Common_Sha

Note 4 - Earnings Per Common Share	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE 4 - EARNINGS PER COMMON SHARE
	The following table presents the amounts used to compute basic and diluted earnings per common share, as well as the effect of dilutive potential common shares on weighted average shares outstanding (in thousands, except per share data):
			Three Months Ended					Six Months Ended
			31-Dec					31-Dec
			2013		2012			2013		2012
	BASIC EARNINGS PER SHARE
	Net income (loss)		$	870	$	(2,450	)	$	2,735	$	(620	)
	Weighted average shares outstanding during the period, net of treasury shares (a)			24,066		24,021			24,062		24,025
	Weighted average shares outstanding in the Deferred Compensation Plan during the period			307		286			301		281
	Weighted average shares outstanding			24,373		24,307			24,363		24,306
	Basic earnings (loss) per share		$	0.04	$	(0.10	)	$	0.11	$	(0.03	)
	DILUTED EARNINGS PER SHARE
	Net income (loss)		$	870	$	(2,450	)	$	2,735	$	(620	)
	Weighted average shares outstanding
	Basic			24,373		24,307			24,363		24,306
	Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any			254		84			167		76
	Weighted average shares outstanding (c)			24,627		24,391			24,530		24,382
	Diluted earnings (loss) per share		$	0.04	$	(0.10	)	$	0.11	$	(0.03	)
		(a)	Includes shares accounted for like treasury stock in accordance with Accounting Standards Codification Topic 710, Compensation - General.
		(b)	Calculated using the “Treasury Stock” method as if dilutive securities were exercised and the funds were used to purchase common shares at the average market price during the period.
		(c)	Options to purchase 1,197,150 common shares and 1,896,776 common shares at December 31, 2013 and 2012, respectively, and options to purchase 1,676,650 common shares and 1,852,451 common shares at December 31, 2013 and 2012, respectively, were not included in the computation of the three month and six month, respectively, diluted earnings per share because the exercise price was greater than the average fair market value of the common shares.

Note_5_Inventories

Note 5 - Inventories	6 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	NOTE 5 - INVENTORIES
	The following information is provided as of the dates indicated:
	(In thousands)	December 31,		June 30,
		2013		2013
	Inventories:
	Raw materials	$	30,567	$	28,113
	Work-in-process		5,691		4,959
	Finished goods		10,956		9,021
	Total Inventories	$	47,214	$	42,093

Note_6_Accrued_Expenses

Note 6 - Accrued Expenses	6 Months Ended
	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	'
	NOTE 6 - ACCRUED EXPENSES
	The following information is provided as of the dates indicated:
	(In thousands)	December 31,		June 30,
		2013		2013
	Accrued Expenses:
	Compensation and benefits	$	6,841	$	8,023
	Customer prepayments		3,315		947
	Accrued sales commissions		1,879		1,595
	Other accrued expenses		3,509		3,216
	Total Accrued Expenses	$	15,544	$	13,781

Note_7_Goodwill_And_Other_Inta

Note 7 - Goodwill And Other Intangible Assets	6 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	NOTE 7 - GOODWILL AND OTHER INTANGIBLE ASSETS
	Carrying values of goodwill and other intangible assets with indefinite lives are reviewed at least annually for possible impairment in accordance with ASC Topic 350, “Intangibles – Goodwill and Other.”  The Company may first assess qualitative factors in order to determine if goodwill and indefinite-lived intangible assets are impaired. If through the qualitative assessment it is determined that it is more likely than not that goodwill and indefinite-lived assets are not impaired, no further testing is required. If it is determined more likely than not that goodwill and indefinite-lived assets are impaired, or if the Company elects not to first assess qualitative factors, the Company’s impairment testing continues with the estimation of the fair value of goodwill and indefinite-lived intangible assets using a combination of a market approach and an income (discounted cash flow) approach, at the reporting unit level, that requires significant management judgment with respect to revenue and expense growth rates, changes in working capital and the selection and use of an appropriate discount rate.  The estimates of fair value of reporting units are based on the best information available as of the date of the assessment.  The use of different assumptions would increase or decrease estimated discounted future operating cash flows and could increase or decrease an impairment charge.  Company management uses its judgment in assessing whether assets may have become impaired between annual impairment tests.  Indicators such as adverse business conditions, economic factors and technological change or competitive activities may signal that an asset has become impaired. Based on this assessment, no such potential impairment conditions were noted during the six month period ended December 31, 2013.
	The Company identified its reporting units in conjunction with its annual goodwill impairment testing.  The Company relies upon a number of factors, judgments and estimates when conducting its impairment testing.  These include operating results, forecasts, anticipated future cash flows and marketplace data, to name a few.  There are inherent uncertainties related to these factors and judgments in applying them to the analysis of goodwill impairment.
	The Company performed an interim goodwill impairment test as of December 31, 2012 on LSI Virticus, one of its reporting units that contain goodwill. Virticus was acquired March 19, 2012 and is part of the Electronic Components Segment. The reduction of the sales forecast that was originally used to value the Earn-Out liability related to the Virticus acquisition and which ultimately led to an adjustment to the Earn-Out liability in the second quarter of fiscal 2013 (see Note 13), led management to conclude that an interim goodwill impairment test was required on the LSI Virticus reporting unit. As a result of the test, it was determined that goodwill associated with this reporting unit was impaired. Of the original goodwill of $2,413,000, it was determined that $2,141,000 or 89% of the original goodwill value was impaired. (As part of the annual goodwill test performed as of March 1, 2013, the remaining $272,000 of goodwill associated with LSI Virticus was found to be fully impaired.) A similar test was not performed on the three other reporting units that contain goodwill because the triggering events that indicate the potential impairment of goodwill did not exist.
	The following table presents information about the Company's goodwill on the dates or for the periods indicated:
	Goodwill							Electronic
	(In thousands)	Lighting			Graphics			Components			All Other
		Segment			Segment			Segment			Category			Total
	Balance as of June 30, 2013
	Goodwill	$	34,913		$	24,959		$	11,621		$	6,850		$	78,343
	Accumulated impairment losses		(34,778	)		(24,959	)		(2,413	)		(5,685	)		(67,835	)
	Goodwill, net as of June 30, 2013		135			--			9,208			1,165			10,508
	Balance as of December 31, 2013
	Goodwill		34,913			24,959			11,621			6,850			78,343
	Accumulated impairment losses		(34,778	)		(24,959	)		(2,413	)		(5,685	)		(67,835	)
	Goodwill, net as of December 31, 2013	$	135		$	--		$	9,208		$	1,165		$	10,508
	In the first quarter of fiscal 2014, the Company purchased intellectual property related to certain lighting control systems. The cost of this intellectual property was $268,000 and it is being amortized over a nine year period.
	The gross carrying amount and accumulated amortization by major other intangible asset class is as follows:
		31-Dec-13
	Other Intangible Assets	Gross
	(In thousands)	Carrying			Accumulated			Net
		Amount			Amortization			Amount
	Amortized Intangible Assets
	Customer relationships	$	10,352		$	7,241		$	3,111
	Patents		338			67			271
	LED technology firmware, software		12,361			11,077			1,284
	Trade name		460			408			52
	Non-compete agreements		768			467			301
	Total Amortized Intangible Assets		24,279			19,260			5,019
	Indefinite-lived Intangible Assets
	Trademarks and trade names		3,422			--			3,422
	Total Indefinite-lived Intangible Assets		3,422			--			3,422
	Total Other Intangible Assets	$	27,701		$	19,260		$	8,441
		30-Jun-13
	(In thousands)	Gross			Accumulated			Net
		Carrying			Amortization			Amount
		Amount
	Amortized Intangible Assets
	Customer relationships	$	10,352		$	7,068		$	3,284
	Patents		70			55			15
	LED technology firmware, software		12,361			10,958			1,403
	Trade name		460			362			98
	Non-compete agreements		948			591			357
	Total Amortized Intangible Assets		24,191			19,034			5,157
	Indefinite-lived Intangible Assets
	Trademarks and trade names		3,422			--			3,422
	Total Indefinite-lived Intangible Assets		3,422			--			3,422
	Total Other Intangible Assets	$	27,613		$	19,034		$	8,579
	(In thousands)	Amortization Expense of
		Other Intangible Assets
		31-Dec-13			31-Dec-12
	Three Months Ended	$	208		$	652
	Six Months Ended	$	406		$	1,341
	The Company expects to record annual amortization expense as follows:
	(In thousands)
	2014	$	816
	2015	$	735
	2016	$	730
	2017	$	634
	2018	$	623
	After 2018	$	1,887

Note_8_Revolving_Lines_Of_Cred

Note 8 - Revolving Lines Of Credit And Long-Term Debt	6 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Long-term Debt [Text Block]	'
	NOTE 8  -  REVOLVING LINES OF CREDIT
	The Company has a $30 million unsecured revolving line of credit with its bank group in the U.S., all of which was available as of December 31, 2013.  The line of credit expires in the third quarter of fiscal 2016.  Annually in the third quarter, the credit facility is renewable with respect to adding an additional year of commitment, if the bank group and the Company so choose, to replace the year just ended.  Interest on the revolving line of credit is charged based upon an increment over the LIBOR rate as periodically determined, or at the bank’s base lending rate, at the Company’s option.  The increment over the LIBOR borrowing rate, as periodically determined, fluctuates between 175 and 215 basis points depending upon the ratio of indebtedness to earnings before interest, taxes, depreciation and amortization (“EBITDA”), as defined in the credit facility.  The fee on the unused balance of the $30 million committed line of credit is 25 basis points.  Under the terms of this credit facility, the Company has agreed to a negative pledge of assets and is required to comply with financial covenants that limit the amount of debt obligations, require a minimum amount of tangible net worth, and limit the ratio of indebtedness to EBITDA.
	The Company also has a $5 million line of credit for its Canadian subsidiary.  The line of credit expires in the third quarter of fiscal 2015.  Interest on the Canadian subsidiary’s line of credit is charged based upon a 200 basis point increment over the LIBOR rate or based upon an increment over the United States base rate if funds borrowed are denominated in U.S. dollars or an increment over the Canadian prime rate if funds borrowed are denominated in Canadian dollars.  There are no borrowings against this line of credit as of December 31, 2013.
	The Company is in compliance with all of its loan covenants as of December 31, 2013.

Note_9_Cash_Dividends

Note 9 - Cash Dividends	6 Months Ended
	Dec. 31, 2013
Cash Dividends Disclosure [Abstract]	'
Cash Dividends Disclosure [Text Block]	'
	NOTE 9 -  CASH DIVIDENDS
	The Company paid cash dividends of $2,887,000 and $7,207,000 in the six months ended December 31, 2013 and 2012, respectively.  In January 2014, the Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable February 11, 2014 to shareholders of record February 4, 2014. The cash dividend indicated annual rate for fiscal 2014 is $0.24 per share. In December 2012, the Board of Directors took action to accelerate payment into December 2012 of the fiscal 2013 second quarter regular quarterly cash dividend of $0.06 per share. An additional cash dividend of $0.12 per share was also paid in December 2012.

Note_10_Equity_Compensation

Note 10 - Equity Compensation	6 Months Ended
	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	NOTE 10 - EQUITY COMPENSATION
	Stock Options
	The Company has an equity compensation plan that was approved by shareholders in November 2012 and that covers all of its full-time employees, outside directors and certain advisors.  This 2012 Stock Incentive Plan replaces all previous equity compensation plans. The options granted or stock awards made pursuant to this plan are granted at fair market value at date of grant or award.  Options granted to non-employee directors become exercisable 25% each ninety days (cumulative) from date of grant and options granted to employees generally become exercisable 25% per year (cumulative) beginning one year after the date of grant.  If a stock option holder’s employment with the Company terminates by reason of death, disability or retirement, as defined in the Plan, the Plan generally provides for acceleration of vesting.  The number of shares reserved for issuance is 699,961 shares (includes 337,148 shares transferred in from the previous plan), all of which were available for future grant or award as of December 31, 2013.  This plan allows for the grant of incentive stock options, non-qualified stock options, stock appreciation rights, restricted and unrestricted stock awards, performance stock awards, and other stock awards.  As of December 31, 2013, a total of 2,714,700 options for common shares were outstanding from this plan as well as two previous stock option plans (each of which had also been approved by shareholders), and of these, a total of 1,908,337 options for common shares were vested and exercisable.  As of December 31, 2013, the approximate unvested stock option expense that will be recorded as expense in future periods is $778,782.  The weighted average time over which this expense will be recorded is approximately 33 months.
	The fair value of each option on the date of grant was estimated using the Black-Scholes option pricing model. The below listed weighted average assumptions were used for grants in the periods indicated.
		Three Months Ended						Six Months Ended
		31-Dec						31-Dec
		2013			2012			2013			2012
	Dividend yield		--			3.58	%		3.33	%		3.6	%
	Expected volatility		--			51	%		53	%		51	%
	Risk-free interest rate		--			0.67	%		1.66	%		0.66	%
	Expected life (yrs.)		--			4.7			5.5			4.7
	At December 31, 2013, the 421,000 options granted during the first six months of fiscal 2014 to employees had exercise prices of $7.20 per share, fair values of $2.64 per share, and remaining contractual lives of nine years eight months.
	At December 31, 2012, the 414,750 options granted during the first six months of fiscal 2013 to both employees and non-employee directors had exercise prices ranging from $6.28 to $6.58 per share, fair values ranging from $2.00 to $2.11 per share, and remaining contractual lives of between nine years eight months and nine years eleven months.
	The Company calculates stock option expense using the Black-Scholes model.  Stock option expense is recorded on a straight line basis, or sooner if the grantee is retirement eligible as defined in the 2012 Stock Incentive Plan, with an estimated 2.2% forfeiture rate effective July 1, 2013. Previous estimated forfeiture rates were 2.3% effective January 1, 2013, 3.4% effective October 1, 2012, 4.1% effective April 1, 2012, 3.6% effective April 1, 2011, 3.0% effective July 1, 2010 and 6.55% prior to July 1, 2010.  The expected volatility of the Company’s stock was calculated based upon the historic monthly fluctuation in stock price for a period approximating the expected life of option grants.  The risk-free interest rate is the rate of a five year Treasury security at constant, fixed maturity on the approximate date of the stock option grant.  The expected life of outstanding options is determined to be less than the contractual term for a period equal to the aggregate group of option holders’ estimated weighted average time within which options will be exercised.  It is the Company’s policy that when stock options are exercised, new common shares shall be issued.  The Company recorded $93,635 and $119,654 of expense related to stock options in the three months ended December 31, 2013 and 2012, respectively, and $779,294 and $638,047 of expense related to stock options in the six months ended December 31, 2013 and 2012, respectively.  As of December 31, 2013, the Company had 2,700,037 stock options that were vested and that were expected to vest, with a weighted average exercise price of $9.56 per share, an aggregate intrinsic value of $2,682,059 and weighted average remaining contractual terms of 5.8 years.
	Information related to all stock options for the six months ended December 31, 2013 and 2012 is shown in the following table:
		Six Months Ended December 31, 2013
		Shares			Weighted			Weighted			Aggregate
					Average			Average			Intrinsic
					Exercise			Remaining			Value
					Price			Contractual Term
								(years)
	Outstanding at 6/30/13		2,341,150		$	9.95			5.6		$	1,544,896
	Granted		421,000		$	7.2
	Forfeitures		(25,550	)	$	10.71
	Exercised		(21,900	)	$	6.41
	Outstanding at 12/31/13		2,714,700		$	9.55			5.8		$	2,707,888
	Exercisable at 12/31/13		1,908,337		$	10.7			4.5		$	1,208,150
		Six Months Ended December 31, 2012
		Shares			Weighted			Weighted			Aggregate
					Average			Average			Intrinsic
					Exercise			Remaining			Value
					Price			Contractual Term
								(years)
	Outstanding at 6/30/12		2,006,250		$	10.64			5.8		$	654,747
	Granted		414,750		$	6.58
	Forfeitures		(19,425	)	$	16.57
	Exercised		(1,500	)	$	5.21
	Outstanding at 12/31/12		2,400,075		$	9.9			6.1		$	793,543
	Exercisable at 12/31/12		1,668,975		$	11.31			5		$	347,904
	The aggregate intrinsic value of options exercised during the six months ended December 31, 2013 and 2012 were $59,520 and $2,084, respectively. The Company received $140,404 and $7,815 of cash from employees who exercised options in the six month periods ended December 31, 2013 and 2012, respectively. Additionally, the Company recorded $19,667 as a reduction of federal income taxes payable, $1,363 as an increase in common stock, $10,259 as a reduction of income tax expense, and $8,045 as a reduction of the deferred tax asset related to the exercises of stock options in which the employees sold the common shares prior to the passage of twelve months from the date of exercise.
	Stock Compensation Awards
	The Company awarded a total of 11,575 and 5,204 common shares in the six months ended December 31, 2013 and 2012, respectively, as stock compensation awards. These common shares were valued at their approximate $95,000 and $36,000 fair market values based on their stock price at dates of issuance multiplied by the number of common shares awarded, respectively, pursuant to the compensation programs for non-employee directors who receive a portion of their compensation as an award of Company stock. Stock compensation awards are made in the form of newly issued common shares of the Company.
	Deferred Compensation Plan
	The Company has a non-qualified deferred compensation plan providing for both Company contributions and participant deferrals of compensation. This plan is fully funded in a Rabbi Trust. All plan investments are in common shares of the Company. As of December 31, 2013 there were 31 participants, all with fully vested account balances. A total of 308,662 common shares with a cost of $2,931,149, and 288,505 common shares with a cost of $2,791,000 were held in the plan as of December 31, 2013 and June 30, 2013, respectively, and, accordingly, have been recorded as treasury shares. The change in the number of shares held by this plan is the net result of share purchases and sales on the open stock market for compensation deferred into the plan and for distributions to terminated employees. The Company does not issue new common shares for purposes of the non-qualified deferred compensation plan. The Company accounts for assets held in the non-qualified deferred compensation plan in accordance with Accounting Standards Codification Topic 710, Compensation — General. The Company used approximately $149,800 and $140,900 to purchase 20,157 and 20,922 common shares of the Company in the open stock market during the six months ended December 31, 2013 and 2012, respectively, for either employee salary deferrals or Company contributions into the non-qualified deferred compensation plan. For fiscal year 2014, the Company estimates the Rabbi Trust for the Nonqualified Deferred Compensation Plan will make net repurchases in the range of 22,000 to 25,000 common shares of the Company. The Company does not currently repurchase its own common shares for any other purpose.

Note_11_Supplemental_Cash_Flow

Note 11 - Supplemental Cash Flow Information	6 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]	'
Cash Flow, Supplemental Disclosures [Text Block]	'
	NOTE 11  -  SUPPLEMENTAL CASH FLOW INFORMATION
	(In thousands)	Six Months Ended
		31-Dec
		2013		2012
	Cash payments:
	Interest	$	38	$	57
	Income taxes	$	690	$	3,157
	Issuance of common shares as compensation	$	96	$	36

Note_12_Commitments_And_Contin

Note 12 - Commitments And Contingencies	6 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 12 - COMMITMENTS AND CONTINGENCIES
	As part of the acquisition of Virticus Corporation on March 19, 2012, a contingent Earn-Out liability of $877,000 was recorded based on the fair value of estimated Earn-Out payments. This discounted liability is to be paid over a five year period, contingent upon reaching certain sales in each year over the five year period (fiscal year 2013 through fiscal year 2017). In December 2012, as a result of modified sales forecasts for LSI Virticus, the fair value of the Earn-Out liability was adjusted to $218,000. In June 2013, another revised forecast was provided which in turn reduced the remaining Earn-Out liability to zero. In addition to the $877,000 reversal of the Earn-Out liability, which was recorded in selling and administrative expenses in Corporate and Eliminations, $20,000 of accrued interest expense was also reversed. As of December 31, 2013, the maximum potential undiscounted liability related to the Earn-Out is $4 million. This would be based upon the achievement of a defined level of sales of lighting control systems in fiscal years 2014 through 2017. The likelihood of this occurring is not considered probable.
	The Company is party to various negotiations, customer bankruptcies, and legal proceedings arising in the normal course of business. The Company provides reserves for these matters when a loss is probable and reasonably estimable. The Company does not disclose a range of potential loss because the likelihood of such a loss is remote. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on the Company’s financial position, results of operations, cash flows or liquidity.
	The Company may occasionally issue a standby letter of credit in favor of third parties. As of December 31, 2013, there were no standby letter of credit agreements.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	6 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	Consolidation:
	The condensed consolidated financial statements include the accounts of LSI Industries Inc. (an Ohio corporation) and its subsidiaries (collectively, the “Company”), all of which are wholly owned.  All intercompany transactions and balances have been eliminated in consolidation.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition:
	Revenue is recognized when title to goods and risk of loss have passed to the customer, there is persuasive evidence of a purchase arrangement, delivery has occurred or services have been rendered, and collectability is reasonably assured.  Revenue from product sales is typically recognized at time of shipment.  In certain arrangements with customers, as is the case with the sale of some of our solid-state LED (light emitting diode) video screens, revenue is recognized upon customer acceptance of the video screen at the job site.  Sales are recorded net of estimated returns, rebates and discounts. Amounts received from customers prior to the recognition of revenue are accounted for as customer pre-payments and are included in accrued expenses.
	The Company has four sources of revenue:  revenue from product sales; revenue from installation of products; service revenue generated from providing integrated design, project and construction management, site engineering and site permitting; and revenue from shipping and handling.
	Product revenue is recognized on product-only orders upon passing of title and risk of loss, generally at time of shipment.  However, product revenue related to orders where the customer requires the Company to install the product is recognized when the product is installed.  Other than normal product warranties or the possibility of installation or post-shipment service, support and maintenance of certain solid state LED video screens, billboards, or active digital signage, the Company has no post-shipment responsibilities.
	Installation revenue is recognized when the products have been fully installed.  The Company is not always responsible for installation of products it sells and has no post-installation responsibilities, other than normal warranties.
	Service revenue from integrated design, project and construction management, and site permitting is recognized when all products at each customer site have been installed.
	Shipping and handling revenue coincides with the recognition of revenue from sale of the product.
	The Company evaluates the appropriateness of revenue recognition in accordance with Accounting Standards Codification (“ASC”) Subtopic 605-25, Revenue Recognition:  Multiple–Element Arrangements. In situations where the Company is responsible for re-imaging programs with multiple sites, each site is viewed as a separate unit of accounting and has stand-alone value to the customer. Revenue is recognized upon the Company’s complete performance at the location, which may include a site survey, graphics products, lighting products, and installation of products. The selling price assigned to each site is based upon an agreed upon price between the Company and its customer and reflects the estimated selling price for that site relative to the selling price for sites with similar image requirements.
	The Company also evaluates the appropriateness of revenue recognition in accordance with ASC Subtopic 985-605, “Software:  Revenue Recognition.”  Our solid-state LED video screens, billboards and active digital signage contain software elements which the Company has determined are incidental and excluded from the scope of ASC Subtopic 985-605.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	'
	Credit and Collections:
	The Company maintains allowances for doubtful accounts receivable for probable estimated losses resulting from either customer disputes or the inability of its customers to make required payments.  If the financial condition of the Company’s customers were to deteriorate, resulting in their inability to make the required payments, the Company may be required to record additional allowances or charges against income.  The Company determines its allowance for doubtful accounts by first considering all known collectability problems of customers’ accounts, and then applying certain percentages against the various aging categories based on the due date of the remaining receivables.  The resulting allowance for doubtful accounts receivable is an estimate based upon the Company’s knowledge of its business and customer base, and historical trends.  The Company also establishes allowances, at the time revenue is recognized, for returns, discounts, pricing and other possible customer deductions.  These allowances are based upon historical trends.
	The following table presents the Company’s net accounts receivable at the dates indicated.
	(In thousands)		December 31,			June 30,
			2013			2013
	Accounts receivable		$	41,521		$	46,337
	less Allowance for doubtful accounts			(385	)		(346	)
	Accounts receivable, net		$	41,136		$	45,991
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and Cash Equivalents:
	The cash balance includes cash and cash equivalents which have original maturities of less than three months.  The Company maintains balances at financial institutions in the United States and Canada.  The balances at financial institutions in Canada are not covered by insurance.  In the United States, the FDIC limit for insurance coverage on non-interest bearing accounts is $250,000. As of December 31, 2013 and June 30, 2013, the Company had bank balances of $10,680,000 and $7,688,000, respectively, without insurance coverage.
Inventory, Policy [Policy Text Block]	'
	Inventories:
	Inventories are stated at the lower of cost or market.  Cost of inventories includes the cost of purchased raw materials and components, direct labor, as well as manufacturing overhead which is generally applied to inventory based on direct labor and material content. Cost is determined on the first-in, first-out basis.
Property, Plant and Equipment, Policy [Policy Text Block]	'
	Property, Plant and Equipment and Related Depreciation:
	Property, plant and equipment are stated at cost.  Major additions and betterments are capitalized while maintenance and repairs are expensed.  For financial reporting purposes, depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows:
	Buildings (years)	28		-	40
	Machinery and equipment (years)	3		-	10
	Computer software (years)	3		-	8
	Costs related to the purchase, internal development, and implementation of the Company’s fully integrated enterprise resource planning/business operating software system are either capitalized or expensed in accordance with ASC Subtopic 350-40, “Intangibles – Goodwill and Other:  Internal-Use Software.”  Leasehold improvements are amortized over the shorter of fifteen years or the remaining term of the lease.
	The Company recorded $1,353,000 and $1,174,000 of depreciation expense in the second quarter of fiscal 2014 and 2013, respectively, and $2,563,000 and $2,335,000 of depreciation expense in the first half of fiscal 2014 and 2013, respectively
Goodwill and Intangible Assets, Policy [Policy Text Block]	'
	Intangible Assets:
	Intangible assets consisting of customer relationships, trade names and trademarks, patents, technology and software, and non-compete agreements are recorded on the Company's balance sheet.  The definite-lived intangible assets are being amortized to expense over periods ranging between two and twenty years.  The Company evaluates definite-lived intangible assets for permanent impairment when triggering events are identified. Neither indefinite-lived intangible assets nor the excess of cost over fair value of assets acquired ("goodwill") are amortized, however they are subject to review for impairment.  See additional information about goodwill and intangibles in Note 7.
Fair Value Measurement, Policy [Policy Text Block]	'
	Fair Value:
	The Company has financial instruments consisting primarily of cash and cash equivalents, revolving lines of credit, and on occasion, long-term debt.  The fair value of these financial instruments approximates carrying value because of their short-term maturity and/or variable, market-driven interest rates.  The Company has no financial instruments with off-balance sheet risk.
	Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in goodwill and other intangible asset impairment analyses, in the purchase price of acquired companies (if any), and in the valuation of the contingent earn-out. The fair value measurement of these nonfinancial assets and nonfinancial liabilities is based on significant inputs not observable in the market and thus represent Level 3 measurements as defined in ASC 820, “Fair Value Measurement.”
Standard Product Warranty, Policy [Policy Text Block]	'
	Product Warranties:
	The Company offers a limited warranty that its products are free of defects in workmanship and materials.  The specific terms and conditions vary somewhat by product line, but generally cover defective products returned within one to five years from the date of shipment.  The Company records warranty liabilities to cover the estimated future costs for repair or replacement of defective returned products as well as products that need to be repaired or replaced in the field after installation.  The Company calculates its liability for warranty claims by applying estimates to cover unknown claims, as well as estimating the total amount to be incurred for known warranty issues.  The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary.
	Changes in the Company’s warranty liabilities, which are included in accrued expenses in the accompanying consolidated balance sheets, during the periods indicated below were as follows:
	(In thousands)		Six			Six			Fiscal
			Months Ended			Months Ended			Year Ended
			December 31,			December 31,			June 30,
			2013			2012			2013
	Balance at beginning of the period		$	1,424		$	1,121		$	1,121
	Additions charged to expense			1,208			640			2,134
	Deductions for repairs and replacements			(1,190	)		(558	)		(1,831	)
	Balance at end of the period		$	1,442		$	1,203		$	1,424
Research, Development, and Computer Software, Policy [Policy Text Block]	'
	Research and Development Costs:
	Research and development expenses are costs directly attributable to new product development, including the development of new technology for both existing and new products, and consist of salaries, payroll taxes, employee benefits, materials, supplies, depreciation and other administrative costs.   The Company follows the requirements of ASC Subtopic 985-20, “Software:  Costs of Software to be Sold, Leased, or Marketed,” and expenses as research and development all costs associated with development of software used in solid-state LED products.  All costs are expensed as incurred and are included in selling and administrative expenses. Research and development costs related to both product and software development totaled $2,127,000 and $1,522,000 for the three months ended December 31, 2013 and 2012, respectively, and $4,081,000 and $3,174,000 for the six months ended December 31, 2013 and 2012, respectively.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings Per Common Share:
	The computation of basic earnings per common share is based on the weighted average common shares outstanding for the period net of treasury shares held in the Company’s non-qualified deferred compensation plan.  The computation of diluted earnings per share is based on the weighted average common shares outstanding for the period and includes common share equivalents.  Common share equivalents include the dilutive effect of stock options, contingently issuable shares and common shares to be issued under a deferred compensation plan, all of which totaled 561,000 shares and 370,000 shares for the three months ended December 31, 2013 and 2012, respectively, and 468,000 shares and 357,000 shares for the six months ended December 31, 2013 and 2012, respectively. See further discussion in Note 4.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	New Accounting Pronouncements:
	In July 2012, the Financial Accounting Standards Board issued ASU 2012-02, “Intangibles – Goodwill and Other (Topic 350): Testing Long-Lived Intangible Assets for Impairment.”  This amended guidance is intended to simplify the test of indefinite-lived intangible assets for impairment by allowing companies to first assess qualitative factors to determine whether or not it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying value as the basis for determining whether it is necessary to perform the two-step impairment test. Previous guidance required companies to perform an annual indefinite-lived intangible asset impairment test. The amended guidance is effective for annual and interim tests performed for fiscal years beginning after September 15, 2012, or the Company’s fiscal year 2014, with early adoption permissible. The adoption of this standard in fiscal 2014 did not have an impact on the financial statements.
	In July 2013, the Financial Accounting Standards Board issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” This amended guidance is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amended guidance is effective for fiscal years and interim periods within those years, beginning after December 15, 2013, or the Company’s fiscal year 2015, with early adoption permissible. The adoption of this guidance is not expected to have a material impact on the financial statements.
	In September 2013, the Internal Revenue Service issued Treasury Decision 9636, which enacted final tax regulations regarding the capitalization and expensing of amounts paid to acquire, produce, or improve tangible property. The regulations also include guidance regarding the retirement of depreciable property. The regulations are required to be effective in taxable years beginning on or after January 1, 2014, although taxpayers may choose to apply them in taxable years beginning on or after January 1, 2012. The Company is currently assessing the impact of the final regulations on its financial statements.
Comprehensive Income, Policy [Policy Text Block]	'
	Comprehensive Income:
	The Company does not have any comprehensive income items other than net income (loss). The functional currency of the Company’s Canadian operation is the U.S. dollar.
Subsequent Events, Policy [Policy Text Block]	'
	Subsequent Events:
	The Company has evaluated subsequent events for potential recognition and disclosure through the date the condensed consolidated financial statements were filed.  No items were identified during this evaluation that required adjustment to or disclosure in the accompanying financial statements.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications:
	Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications have no impact on net income or earnings per share.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates:
	The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from those estimates.

Note_2_Summary_Of_Significant_1

Note 2 - Summary Of Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
	(In thousands)		December 31,			June 30,
			2013			2013
	Accounts receivable		$	41,521		$	46,337
	less Allowance for doubtful accounts			(385	)		(346	)
	Accounts receivable, net		$	41,136		$	45,991
Property Plant and Equipment Useful Lives [Table Text Block]	'
	Buildings (years)	28		-	40
	Machinery and equipment (years)	3		-	10
	Computer software (years)	3		-	8
Schedule of Product Warranty Liability [Table Text Block]	'
	(In thousands)		Six			Six			Fiscal
			Months Ended			Months Ended			Year Ended
			December 31,			December 31,			June 30,
			2013			2012			2013
	Balance at beginning of the period		$	1,424		$	1,121		$	1,121
	Additions charged to expense			1,208			640			2,134
	Deductions for repairs and replacements			(1,190	)		(558	)		(1,831	)
	Balance at end of the period		$	1,442		$	1,203		$	1,424

Note_3_Business_Segment_Inform1

Note 3 - Business Segment Information (Tables)	6 Months Ended
	Dec. 31, 2013
Note 3 - Business Segment Information (Tables) [Line Items]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	(In thousands)	Three Months Ended						Six Months Ended
		31-Dec						31-Dec
		2013			2012			2013			2012
	Net Sales:
	Lighting Segment	$	57,380		$	53,743		$	116,851		$	109,534
	Graphics Segment		12,954			10,532			26,962			21,277
	Electronic Components Segment		4,073			4,959			9,153			10,713
	All Other Category		1,716			1,848			3,643			4,277
		$	76,123		$	71,082		$	156,609		$	145,801
	Operating Income (Loss):
	Lighting Segment	$	2,157		$	2,477		$	5,968		$	6,990
	Graphics Segment		(275	)		(1,140	)		(112	)		(1,495	)
	Electronic Components Segment		1,041			(1,559	)		2,013			(773	)
	All Other Category		124			(1,429	)		128			(1,431	)
	Corporate and Eliminations		(1,536	)		(1,058	)		(3,647	)		(2,973	)
		$	1,511		$	(2,709	)	$	4,350		$	318
	Capital Expenditures:
	Lighting Segment	$	696		$	578		$	1,187		$	894
	Graphics Segment		177			145			234			363
	Electronic Components Segment		413			196			483			329
	All Other Category		10			27			39			57
	Corporate and Eliminations		195			851			778			1,490
		$	1,491		$	1,797		$	2,721		$	3,133
	Depreciation and Amortization:
	Lighting Segment	$	703		$	1,139		$	1,409		$	2,304
	Graphics Segment		232			224			453			446
	Electronic Components Segment		367			333			733			653
	All Other Category		42			46			82			93
	Corporate and Eliminations		217			84			292			180
		$	1,561		$	1,826		$	2,969		$	3,676
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	'
		Three Months Ended						Six Months Ended
		31-Dec						31-Dec
	(In thousands)	2013			2012			2013			2012
	Lighting Segment inter-segment net sales	$	925		$	855		$	1,823		$	1,512
	Graphics Segment inter-segment net sales	$	195		$	449		$	400		$	1,286
	Electronic Components inter-segment net sales	$	9,450		$	7,283		$	17,954		$	13,619
	All Other Category inter-segment net sales	$	2,037		$	1,388		$	4,192		$	2,254
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	'
	(In thousands)	Three Months Ended						Six Months Ended
		31-Dec						31-Dec
		2013			2012			2013			2012
	Net Sales (a):
	United States	$	76,060		$	70,964		$	155,733		$	145,653
	Canada		63			118			876			148
		$	76,123		$	71,082		$	156,609		$	145,801
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	'
		December 31,			June 30,
		2013			2013
	Long-lived Assets (b):
	United States	$	47,007		$	46,843
	Canada		324			336
		$	47,331		$	47,179
Identifiable Assets [Member]	'
Note 3 - Business Segment Information (Tables) [Line Items]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		December 31,			June 30,
		2013			2013
	Identifiable Assets:
	Lighting Segment	$	95,172		$	90,536
	Graphics Segment		23,250			28,792
	Electronic Components Segment		32,414			30,926
	All Other Category		6,388			6,361
	Corporate and Eliminations		14,750			12,564
		$	171,974		$	169,179

Note_4_Earnings_Per_Common_Sha1

Note 4 - Earnings Per Common Share (Tables)	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three Months Ended					Six Months Ended
		31-Dec					31-Dec
		2013		2012			2013		2012
	BASIC EARNINGS PER SHARE
	Net income (loss)	$	870	$	(2,450	)	$	2,735	$	(620	)
	Weighted average shares outstanding during the period, net of treasury shares (a)		24,066		24,021			24,062		24,025
	Weighted average shares outstanding in the Deferred Compensation Plan during the period		307		286			301		281
	Weighted average shares outstanding		24,373		24,307			24,363		24,306
	Basic earnings (loss) per share	$	0.04	$	(0.10	)	$	0.11	$	(0.03	)
	DILUTED EARNINGS PER SHARE
	Net income (loss)	$	870	$	(2,450	)	$	2,735	$	(620	)
	Weighted average shares outstanding
	Basic		24,373		24,307			24,363		24,306
	Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any		254		84			167		76
	Weighted average shares outstanding (c)		24,627		24,391			24,530		24,382
	Diluted earnings (loss) per share	$	0.04	$	(0.10	)	$	0.11	$	(0.03	)

Note_5_Inventories_Tables

Note 5 - Inventories (Tables)	6 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	(In thousands)	December 31,		June 30,
		2013		2013
	Inventories:
	Raw materials	$	30,567	$	28,113
	Work-in-process		5,691		4,959
	Finished goods		10,956		9,021
	Total Inventories	$	47,214	$	42,093

Note_6_Accrued_Expenses_Tables

Note 6 - Accrued Expenses (Tables)	6 Months Ended
	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'
Schedule of Accrued Liabilities [Table Text Block]	'
	(In thousands)	December 31,		June 30,
		2013		2013
	Accrued Expenses:
	Compensation and benefits	$	6,841	$	8,023
	Customer prepayments		3,315		947
	Accrued sales commissions		1,879		1,595
	Other accrued expenses		3,509		3,216
	Total Accrued Expenses	$	15,544	$	13,781

Note_7_Goodwill_And_Other_Inta1

Note 7 - Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Goodwill [Table Text Block]	'
	Goodwill							Electronic
	(In thousands)	Lighting			Graphics			Components			All Other
		Segment			Segment			Segment			Category			Total
	Balance as of June 30, 2013
	Goodwill	$	34,913		$	24,959		$	11,621		$	6,850		$	78,343
	Accumulated impairment losses		(34,778	)		(24,959	)		(2,413	)		(5,685	)		(67,835	)
	Goodwill, net as of June 30, 2013		135			--			9,208			1,165			10,508
	Balance as of December 31, 2013
	Goodwill		34,913			24,959			11,621			6,850			78,343
	Accumulated impairment losses		(34,778	)		(24,959	)		(2,413	)		(5,685	)		(67,835	)
	Goodwill, net as of December 31, 2013	$	135		$	--		$	9,208		$	1,165		$	10,508
Schedule of Intangible Assets and Goodwill [Table Text Block]	'
		31-Dec-13
	Other Intangible Assets	Gross
	(In thousands)	Carrying			Accumulated			Net
		Amount			Amortization			Amount
	Amortized Intangible Assets
	Customer relationships	$	10,352		$	7,241		$	3,111
	Patents		338			67			271
	LED technology firmware, software		12,361			11,077			1,284
	Trade name		460			408			52
	Non-compete agreements		768			467			301
	Total Amortized Intangible Assets		24,279			19,260			5,019
	Indefinite-lived Intangible Assets
	Trademarks and trade names		3,422			--			3,422
	Total Indefinite-lived Intangible Assets		3,422			--			3,422
	Total Other Intangible Assets	$	27,701		$	19,260		$	8,441
		30-Jun-13
	(In thousands)	Gross			Accumulated			Net
		Carrying			Amortization			Amount
		Amount
	Amortized Intangible Assets
	Customer relationships	$	10,352		$	7,068		$	3,284
	Patents		70			55			15
	LED technology firmware, software		12,361			10,958			1,403
	Trade name		460			362			98
	Non-compete agreements		948			591			357
	Total Amortized Intangible Assets		24,191			19,034			5,157
	Indefinite-lived Intangible Assets
	Trademarks and trade names		3,422			--			3,422
	Total Indefinite-lived Intangible Assets		3,422			--			3,422
	Total Other Intangible Assets	$	27,613		$	19,034		$	8,579
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	'
	(In thousands)	Amortization Expense of
		Other Intangible Assets
		31-Dec-13			31-Dec-12
	Three Months Ended	$	208		$	652
	Six Months Ended	$	406		$	1,341
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	'
	(In thousands)
	2014	$	816
	2015	$	735
	2016	$	730
	2017	$	634
	2018	$	623
	After 2018	$	1,887

Note_10_Equity_Compensation_Ta

Note 10 - Equity Compensation (Tables)	6 Months Ended
	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
		Three Months Ended						Six Months Ended
		31-Dec						31-Dec
		2013			2012			2013			2012
	Dividend yield		--			3.58	%		3.33	%		3.6	%
	Expected volatility		--			51	%		53	%		51	%
	Risk-free interest rate		--			0.67	%		1.66	%		0.66	%
	Expected life (yrs.)		--			4.7			5.5			4.7
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
		Six Months Ended December 31, 2013
		Shares			Weighted			Weighted			Aggregate
					Average			Average			Intrinsic
					Exercise			Remaining			Value
					Price			Contractual Term
								(years)
	Outstanding at 6/30/13		2,341,150		$	9.95			5.6		$	1,544,896
	Granted		421,000		$	7.2
	Forfeitures		(25,550	)	$	10.71
	Exercised		(21,900	)	$	6.41
	Outstanding at 12/31/13		2,714,700		$	9.55			5.8		$	2,707,888
	Exercisable at 12/31/13		1,908,337		$	10.7			4.5		$	1,208,150
		Six Months Ended December 31, 2012
		Shares			Weighted			Weighted			Aggregate
					Average			Average			Intrinsic
					Exercise			Remaining			Value
					Price			Contractual Term
								(years)
	Outstanding at 6/30/12		2,006,250		$	10.64			5.8		$	654,747
	Granted		414,750		$	6.58
	Forfeitures		(19,425	)	$	16.57
	Exercised		(1,500	)	$	5.21
	Outstanding at 12/31/12		2,400,075		$	9.9			6.1		$	793,543
	Exercisable at 12/31/12		1,668,975		$	11.31			5		$	347,904

Note_11_Supplemental_Cash_Flow1

Note 11 - Supplemental Cash Flow Information (Tables)	6 Months Ended
	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]	'
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	'
	(In thousands)	Six Months Ended
		31-Dec
		2013		2012
	Cash payments:
	Interest	$	38	$	57
	Income taxes	$	690	$	3,157
	Issuance of common shares as compensation	$	96	$	36

Note_2_Summary_Of_Significant_2

Note 2 - Summary Of Significant Accounting Policies (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
Note 2 - Summary Of Significant Accounting Policies (Details) [Line Items]	'	'	'	'	'
Cash, FDIC Insured Amount (in Dollars)	$250,000	'	$250,000	'	'
Cash, Uninsured Amount (in Dollars)	10,680,000	'	10,680,000	'	7,688,000
Depreciation (in Dollars)	1,353,000	1,174,000	2,563,000	2,335,000	'
Research and Development Expense (in Dollars)	$2,127,000	$1,522,000	$4,081,000	$3,174,000	'
Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares (in Shares)	561,000	370,000	468,000	357,000	'
Minimum [Member]	'	'	'	'	'
Note 2 - Summary Of Significant Accounting Policies (Details) [Line Items]	'	'	'	'	'
Finite-Lived Intangible Asset, Useful Life	'	'	'2 years	'	'
Maximum [Member]	'	'	'	'	'
Note 2 - Summary Of Significant Accounting Policies (Details) [Line Items]	'	'	'	'	'
Finite-Lived Intangible Asset, Useful Life	'	'	'20 years	'	'

Note_2_Summary_Of_Significant_3

Note 2 - Summary Of Significant Accounting Policies (Details) - Net Accounts Receivable (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Net Accounts Receivable [Abstract]	'	'
Accounts receivable	$41,521	$46,337
less Allowance for doubtful accounts	-385	-346
Accounts receivable, net	$41,136	$45,991

Note_2_Summary_Of_Significant_4

Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets	6 Months Ended
	Dec. 31, 2013
Building [Member] | Minimum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'28
Building [Member] | Maximum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'40
Machinery and Equipment [Member] | Minimum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'3
Machinery and Equipment [Member] | Maximum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'10
Computer Software [Member] | Minimum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'3
Computer Software [Member] | Maximum [Member]	'
Note 2 - Summary Of Significant Accounting Policies (Details) - Estimated Useful Lives of Long-Lived Assets [Line Items]	'
Property Plant and Equipment - estimated useful lives	'8

Note_2_Summary_Of_Significant_5

Note 2 - Summary Of Significant Accounting Policies (Details) - Warranty Liabilities (USD $)	6 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
Warranty Liabilities [Abstract]	'	'	'
Balance at beginning of the period	$1,424	$1,121	$1,121
Additions charged to expense	1,208	640	2,134
Deductions for repairs and replacements	-1,190	-558	-1,831
Balance at end of the period	$1,442	$1,203	$1,424

Note_3_Business_Segment_Inform2

Note 3 - Business Segment Information (Details)	6 Months Ended	3 Months Ended		6 Months Ended			12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2013	Jun. 30, 2013
		Sales Revenue, Net [Member]	Sales Revenue, Net [Member]	Sales Revenue, Net [Member]	Sales Revenue, Net [Member]	Accounts Receivable [Member]	Accounts Receivable [Member]
Note 3 - Business Segment Information (Details) [Line Items]	'	'	'	'	'	'	'
Number of Operating Segments	12	'	'	'	'	'	'
Number of Reportable Segments	3	'	'	'	'	'	'
Concentration Risk, Percentage	'	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Note_3_Business_Segment_Inform3

Note 3 - Business Segment Information (Details) - Summarized Financial Information by Reportable Business Segments (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Segment Reporting Information [Line Items]	'		'		'		'
Net Sales	$76,123	[1]	$71,082	[1]	$156,609	[1]	$145,801	[1]
Operating Income (Loss)	1,511		-2,709		4,350		318
Capital Expenditures	1,491		1,797		2,721		3,133
Depreciation and Amortization	1,561		1,826		2,969		3,676
Lighting Segment [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net Sales	57,380		53,743		116,851		109,534
Operating Income (Loss)	2,157		2,477		5,968		6,990
Capital Expenditures	696		578		1,187		894
Depreciation and Amortization	703		1,139		1,409		2,304
Graphics Segment [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net Sales	12,954		10,532		26,962		21,277
Operating Income (Loss)	-275		-1,140		-112		-1,495
Capital Expenditures	177		145		234		363
Depreciation and Amortization	232		224		453		446
Electronics Components Segment [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net Sales	4,073		4,959		9,153		10,713
Operating Income (Loss)	1,041		-1,559		2,013		-773
Capital Expenditures	413		196		483		329
Depreciation and Amortization	367		333		733		653
All Other Category [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net Sales	1,716		1,848		3,643		4,277
Operating Income (Loss)	124		-1,429		128		-1,431
Capital Expenditures	10		27		39		57
Depreciation and Amortization	42		46		82		93
Corporate and Eliminations [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Operating Income (Loss)	-1,536		-1,058		-3,647		-2,973
Capital Expenditures	195		851		778		1,490
Depreciation and Amortization	$217		$84		$292		$180
[1]	Net sales are attributed to geographic areas based upon the location of the operation making the sale.

Note_3_Business_Segment_Inform4

Note 3 - Business Segment Information (Details) - Identifiable Assets by Segment (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Identifiable Assets:	'	'
Identifiable Assets	$171,974	$169,179
Lighting Segment [Member]	'	'
Identifiable Assets:	'	'
Identifiable Assets	95,172	90,536
Graphics Segment [Member]	'	'
Identifiable Assets:	'	'
Identifiable Assets	23,250	28,792
Electronics Components Segment [Member]	'	'
Identifiable Assets:	'	'
Identifiable Assets	32,414	30,926
All Other Category [Member]	'	'
Identifiable Assets:	'	'
Identifiable Assets	6,388	6,361
Corporate and Eliminations [Member]	'	'
Identifiable Assets:	'	'
Identifiable Assets	$14,750	$12,564

Note_3_Business_Segment_Inform5

Note 3 - Business Segment Information (Details) - Inter-segment Revenues (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Lighting Segment [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Inter-segment net sales	$925	$855	$1,823	$1,512
Graphics Segment [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Inter-segment net sales	195	449	400	1,286
Electronics Components Segment [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Inter-segment net sales	9,450	7,283	17,954	13,619
All Other Category [Member]	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'
Inter-segment net sales	$2,037	$1,388	$4,192	$2,254

Note_3_Business_Segment_Inform6

Note 3 - Business Segment Information (Details) - Revenue by Geographic Region (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Note 3 - Business Segment Information (Details) - Revenue by Geographic Region [Line Items]	'		'		'		'
Net Sales	$76,123	[1]	$71,082	[1]	$156,609	[1]	$145,801	[1]
United States [Member]	'		'		'		'
Note 3 - Business Segment Information (Details) - Revenue by Geographic Region [Line Items]	'		'		'		'
Net Sales	76,060	[1]	70,964	[1]	155,733	[1]	145,653	[1]
Canada [Member]	'		'		'		'
Note 3 - Business Segment Information (Details) - Revenue by Geographic Region [Line Items]	'		'		'		'
Net Sales	$63	[1]	$118	[1]	$876	[1]	$148	[1]
[1]	Net sales are attributed to geographic areas based upon the location of the operation making the sale.

Note_3_Business_Segment_Inform7

Note 3 - Business Segment Information (Details) - Long-lived Assets by Geographical Region (USD $)	Dec. 31, 2013		Jun. 30, 2013
In Thousands, unless otherwise specified
Note 3 - Business Segment Information (Details) - Long-lived Assets by Geographical Region [Line Items]	'		'
Assets by Geographic Region	$47,331	[1]	$47,179	[1]
United States [Member]	'		'
Note 3 - Business Segment Information (Details) - Long-lived Assets by Geographical Region [Line Items]	'		'
Assets by Geographic Region	47,007	[1]	46,843	[1]
Canada [Member]	'		'
Note 3 - Business Segment Information (Details) - Long-lived Assets by Geographical Region [Line Items]	'		'
Assets by Geographic Region	$324	[1]	$336	[1]
[1]	Long-lived assets include property, plant and equipment, and other long term assets. Goodwill and intangible assets are not included in long-lived assets.

Note_4_Earnings_Per_Common_Sha2

Note 4 - Earnings Per Common Share (Details)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,197,150	1,896,776	1,676,650	1,852,451

Note_4_Earnings_Per_Common_Sha3

Note 4 - Earnings Per Common Share (Details) - Basic and Diluted Earnings Per Share (USD $)	3 Months Ended				6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013		Dec. 31, 2012
Note 4 - Earnings Per Common Share (Details) - Basic and Diluted Earnings Per Share [Line Items]	'		'		'		'
Net income (in Dollars)	$870		($2,450)		$2,735		($620)
Weighted average shares outstanding - Basic	24,373		24,307		24,363		24,306
Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any	254	[1]	84	[1]	167	[1]	76	[1]
Weighted average shares outstanding (c)	24,627	[2]	24,391	[2]	24,530	[2]	24,382	[2]
Diluted earnings (loss) per share (in Dollars per share)	$0.04		($0.10)		$0.11		($0.03)
Basic earnings (loss) per share (in Dollars per share)	$0.04		($0.10)		$0.11		($0.03)
Weighted average shares outstanding in the Deferred Compensation Plan during the period	307		286		301		281
Net of Treasury Shares [Member]	'		'		'		'
Note 4 - Earnings Per Common Share (Details) - Basic and Diluted Earnings Per Share [Line Items]	'		'		'		'
Weighted average shares outstanding - Basic	24,066	[3]	24,021	[3]	24,062	[3]	24,025	[3]
[1]	Calculated using the "Treasury Stock" method as if dilutive securities were exercised and the funds were used to purchase common shares at the average market price during the period.
[2]	Options to purchase 1,197,150 common shares and 1,896,776 common shares at December 31, 2013 and 2012, respectively, and options to purchase 1,676,650 common shares and 1,852,451 common shares at December 31, 2013 and 2012, respectively, were not included in the computation of the three month and six month, respectively, diluted earnings per share because the exercise price was greater than the average fair market value of the common shares.
[3]	Includes shares accounted for like treasury stock in accordance with Accounting Standards Codification Topic 710, Compensation - General.

Note_5_Inventories_Details_Inv

Note 5 - Inventories (Details) - Inventory (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Inventories:	'	'
Raw materials	$30,567	$28,113
Work-in-process	5,691	4,959
Finished goods	10,956	9,021
Total Inventories	$47,214	$42,093

Note_6_Accrued_Expenses_Detail

Note 6 - Accrued Expenses (Details) - Accrued Expenses (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Accrued Expenses [Abstract]	'	'
Compensation and benefits	$6,841	$8,023
Customer prepayments	3,315	947
Accrued sales commissions	1,879	1,595
Other accrued expenses	3,509	3,216
Total Accrued Expenses	$15,544	$13,781

Note_7_Goodwill_And_Other_Inta2

Note 7 - Goodwill And Other Intangible Assets (Details) (USD $)	3 Months Ended	6 Months Ended			6 Months Ended	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012	Sep. 30, 2013
					LSI Virticus [Member]	Lighting Control System Intellectual Property [Member]
Note 7 - Goodwill And Other Intangible Assets (Details) [Line Items]	'	'	'	'	'	'
Goodwill	'	'	$10,508,000	$10,508,000	$2,413,000	'
Goodwill, Impairment Loss	2,141,000	2,141,000	'	'	2,141,000	'
Goodwill Impairment Percentage	'	'	'	'	89.00%	'
Payments to Acquire Intangible Assets	'	'	'	'	'	$268,000
Finite-Lived Intangible Asset, Useful Life	'	'	'	'	'	'9 years

Note_7_Goodwill_And_Other_Inta3

Note 7 - Goodwill And Other Intangible Assets (Details) - Goodwill (USD $)	Dec. 31, 2013	Jun. 30, 2013
Goodwill [Line Items]	'	'
Goodwill	$78,343,000	$78,343,000
Accumulated impairment Losses	-67,835,000	-67,835,000
Net Goodwill	10,508,000	10,508,000
Lighting Segment [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	34,913,000	34,913,000
Accumulated impairment Losses	-34,778,000	-34,778,000
Net Goodwill	135,000	135,000
Graphics Segment [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	24,959,000	24,959,000
Accumulated impairment Losses	-24,959,000	-24,959,000
Net Goodwill	0	0
Electronics Components Segment [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	11,621,000	11,621,000
Accumulated impairment Losses	-2,413,000	-2,413,000
Net Goodwill	9,208,000	9,208,000
All Other Category [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill	6,850,000	6,850,000
Accumulated impairment Losses	-5,685,000	-5,685,000
Net Goodwill	$1,165,000	$1,165,000

Note_7_Goodwill_And_Other_Inta4

Note 7 - Goodwill And Other Intangible Assets (Details) - Other Intangible Assets (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Amortized Intangible Assets	'	'
Accumulated Amortization	$19,260	$19,034
Indefinite-lived Intangible Assets	'	'
Gross Carrying Amount	27,701	27,613
Accumulated Amortization	19,260	19,034
Net Amount	8,441	8,579
Trademarks and Trade Names [Member]	'	'
Indefinite-lived Intangible Assets	'	'
Gross Carrying Amount	3,422	3,422
Net Amount	3,422	3,422
Indefinite Lived Intangible Assets [Member]	'	'
Indefinite-lived Intangible Assets	'	'
Gross Carrying Amount	3,422	3,422
Net Amount	3,422	3,422
Customer Relationships [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	10,352	10,352
Accumulated Amortization	7,241	7,068
Net Amount	3,111	3,284
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	7,241	7,068
Patents [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	338	70
Accumulated Amortization	67	55
Net Amount	271	15
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	67	55
LED Technology Firmware, Software [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	12,361	12,361
Accumulated Amortization	11,077	10,958
Net Amount	1,284	1,403
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	11,077	10,958
Trade Names [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	460	460
Accumulated Amortization	408	362
Net Amount	52	98
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	408	362
Noncompete Agreements [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	768	948
Accumulated Amortization	467	591
Net Amount	301	357
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	467	591
Amortized Intangible Assets [Member]	'	'
Amortized Intangible Assets	'	'
Gross Carrying Amount	24,279	24,191
Accumulated Amortization	19,260	19,034
Net Amount	5,019	5,157
Indefinite-lived Intangible Assets	'	'
Accumulated Amortization	$19,260	$19,034

Note_7_Goodwill_And_Other_Inta5

Note 7 - Goodwill And Other Intangible Assets (Details) - Amortization Expense of Other Intangible Assets (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Three Months Ended [Member]	'	'
Note 7 - Goodwill And Other Intangible Assets (Details) - Amortization Expense of Other Intangible Assets [Line Items]	'	'
Amortization Expense of Other Intangible Assets	$208	$652
Six Months Ended [Member]	'	'
Note 7 - Goodwill And Other Intangible Assets (Details) - Amortization Expense of Other Intangible Assets [Line Items]	'	'
Amortization Expense of Other Intangible Assets	$406	$1,341

Note_7_Goodwill_And_Other_Inta6

Note 7 - Goodwill And Other Intangible Assets (Details) - Future Amortization Expense (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Future Amortization Expense [Abstract]	'
2014	$816
2015	735
2016	730
2017	634
2018	623
After 2018	$1,887

Note_8_Revolving_Lines_Of_Cred1

Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) (USD $)	6 Months Ended
	Dec. 31, 2013
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	0.25%
United States [Member]	'
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Line of Credit Facility, Remaining Borrowing Capacity (in Dollars)	30,000,000
Canada [Member]	'
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Line of Credit Facility, Remaining Borrowing Capacity (in Dollars)	5,000,000
Line of Credit Facility, Amount Outstanding (in Dollars)	0
London Interbank Offered Rate (LIBOR) [Member]	'
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	2.00%
Minimum [Member]	'
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	1.75%
Maximum [Member]	'
Note 8 - Revolving Lines Of Credit And Long-Term Debt (Details) [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	2.15%

Note_9_Cash_Dividends_Details

Note 9 - Cash Dividends (Details) (USD $)	6 Months Ended		1 Months Ended		1 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012
			Subsequent Event [Member]	Annual Indicated Dividend [Member]	Accelerated Dividend [Member]	Additional Cash Dividend [Member]
Note 9 - Cash Dividends (Details) [Line Items]	'	'	'	'	'	'
Payments of Ordinary Dividends, Common Stock (in Dollars)	$2,887,000	$7,207,000	'	'	'	'
Common Stock, Dividends, Per Share, Declared	'	'	$0.06	'	'	'
Annual Indicated Per Share Dividend Rate	'	'	'	$0.24	'	'
Common Stock, Dividends, Per Share, Cash Paid	'	'	'	'	$0.06	$0.12

Note_10_Equity_Compensation_De

Note 10 - Equity Compensation (Details) (USD $)

0 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

Jul. 02, 2013

Jan. 02, 2013

Oct. 02, 2012

Apr. 02, 2012

Apr. 02, 2011

Jul. 02, 2010

Jun. 30, 2010

Dec. 31, 2013

Dec. 31, 2012

Jun. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Note 10 - Equity Compensation (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)

'

'

'

'

'

'

'

699,961

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Number of Share INcluded in Available for Grant Transferred From Previous Plan (in Shares)

'

'

'

'

'

'

'

337,148

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)

'

'

'

'

'

'

'

2,714,700

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in Shares)

'

'

'

'

'

'

'

1,908,337

1,668,975

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

'

'

'

'

'

'

'

$778,782

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

'

'

'

'

'

'

'

'33 months

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)

'

'

'

'

'

'

'

421,000

414,750

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share)

'

'

'

'

'

'

'

$7.20

$6.58

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)

'

'

'

'

'

'

'

$2.64

'

'

'

'

'

'

'

$2

'

$2.11

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term

'

'

'

'

'

'

'

'9 years 8 months

'

'

'

'

'

'

'

'9 years 8 months

'

'9 years 11 months

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit (in Dollars per share)

'

'

'

'

'

'

'

'

$6.28

'

'

'

'

'

'

'

'

'

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit (in Dollars per share)

'

'

'

'

'

'

'

'

$6.58

'

'

'

'

'

'

'

'

'

Share-Based Compensation Valuation Assumptions Expected Forfeiture Rate

2.20%

2.30%

3.40%

4.10%

3.60%

3.00%

6.55%

'

'

'

'

'

'

'

'

'

'

'

Stock or Unit Option Plan Expense

'

'

'

'

'

'

'

779,000

638,000

'

93,635

119,654

779,294

638,047

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number (in Shares)

'

'

'

'

'

'

'

2,700,037

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price (in Dollars per share)

'

'

'

'

'

'

'

$9.56

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value

'

'

'

'

'

'

'

2,682,059

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term

'

'

'

'

'

'

'

'5 years 292 days

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value

'

'

'

'

'

'

'

59,520

2,084

'

'

'

'

'

'

'

'

'

Proceeds from Stock Options Exercised

'

'

'

'

'

'

'

140,404

7,815

'

'

'

'

'

'

'

'

'

Reduction of Federal Income Taxes Payable Related To Stock Option Exercises

'

'

'

'

'

'

'

19,667

'

'

'

'

'

'

'

'

'

'

Increase In Common Stock Related To Stock Option Exercises

'

'

'

'

'

'

'

1,363

'

'

'

'

'

'

'

'

'

'

Reduction of Income Tax Expense Related To Stock Option Exercises

'

'

'

'

'

'

'

10,259

'

'

'

'

'

'

'

'

'

'

Reduction of Deferred Tax Asset Related to Stock Option Exercises

'

'

'

'

'

'

'

8,045

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in Shares)

'

'

'

'

'

'

'

11,575

5,204

'

'

'

'

'

'

'

'

'

Stock Issued During Period, Value, Share-based Compensation, Gross

'

'

'

'

'

'

'

95,000

36,000

'

'

'

'

'

'

'

'

'

Treasury Stock, Shares (in Shares)

'

'

'

'

'

'

'

308,662

'

288,505

'

'

'

'

'

'

'

'

Treasury Stock, Value

'

'

'

'

'

'

'

2,931,149

'

2,791,000

'

'

'

'

'

'

'

'

Treasury Stock, Value, Acquired, Cost Method

'

'

'

'

'

'

'

$149,800

$140,900

'

'

'

'

'

'

'

'

'

Treasury Stock, Shares, Acquired (in Shares)

'

'

'

'

'

'

'

20,157

20,922

'

'

'

'

'

'

'

'

'

Treasury Stock Acquired, Repurchase Authorization

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'22,000

'

'25,000

'

Note_10_Equity_Compensation_De1

Note 10 - Equity Compensation (Details) - Weighted Average Assumptions Used to Develop the Fair Value of Stock Options	3 Months Ended	6 Months Ended
	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Weighted Average Assumptions Used to Develop the Fair Value of Stock Options [Abstract]	'	'	'
Dividend yield	3.58%	3.33%	3.60%
Expected volatility	51.00%	53.00%	51.00%
Risk-free interest rate	0.67%	1.66%	0.66%
Expected life (yrs.)	'4 years 255 days	'5 years 6 months	'4 years 255 days

Note_10_Equity_Compensation_De2

Note 10 - Equity Compensation (Details) - Stock Options (USD $)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Note 10 - Equity Compensation (Details) - Stock Options [Line Items]	'	'
Outstanding - Weighted Average Remaining Contractual Term	'9 years 8 months	'
Granted - Shares	421,000	414,750
Granted - Weighted Average Exercise Price (in Dollars per share)	$7.20	$6.58
Forfeitures - Shares	-25,550	-19,425
Forfeitures - Weighted Average Exercise Price (in Dollars per share)	$10.71	$16.57
Exercised - Shares	-21,900	-1,500
Exercised - Weighted Average Exercise Price (in Dollars per share)	$6.41	$5.21
Outstanding - Shares	2,714,700	'
Outstanding - Weighted Average Remaining Contractual Term	'9 years 8 months	'
Exercisable - Shares	1,908,337	1,668,975
Exercisable - Weighted Average Exercise Price (in Dollars per share)	$10.70	$11.31
Exercisable - Weighted Average Remaining Contractual Term	'4 years 6 months	'5 years
Exercisable - Aggregate Instrinsic Value (in Dollars)	$1,208,150	$347,904
Beginning of Period [Member]	'	'
Note 10 - Equity Compensation (Details) - Stock Options [Line Items]	'	'
Outstanding - Shares	2,341,150	2,006,250
Outstanding - Weighted Average Exercise Price (in Dollars per share)	$9.95	$10.64
Outstanding - Weighted Average Remaining Contractual Term	'5 years 219 days	'5 years 292 days
Outstanding - Aggregate Intrinsic Value (in Dollars)	1,544,896	654,747
Outstanding - Weighted Average Remaining Contractual Term	'5 years 219 days	'5 years 292 days
End of Period [Member]	'	'
Note 10 - Equity Compensation (Details) - Stock Options [Line Items]	'	'
Outstanding - Weighted Average Remaining Contractual Term	'5 years 292 days	'6 years 36 days
Outstanding - Shares	2,714,700	2,400,075
Outstanding - Weighted Average Exercise Price (in Dollars per share)	$9.55	$9.90
Outstanding - Weighted Average Remaining Contractual Term	'5 years 292 days	'6 years 36 days
Outstanding - Aggregate Intrinsic Value (in Dollars)	$2,707,888	$793,543

Note_11_Supplemental_Cash_Flow2

Note 11 - Supplemental Cash Flow Information (Details) - Supplemental Cash Flow Information (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Cash payments:	'	'
Interest	$38	$57
Income taxes	690	3,157
Issuance of common shares as compensation	$96	$36

Note_12_Commitments_And_Contin1

Note 12 - Commitments And Contingencies (Details) (Virticus [Member], USD $)	3 Months Ended	6 Months Ended
	Sep. 30, 2013	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012	Mar. 19, 2012
Note 12 - Commitments And Contingencies (Details) [Line Items]	'	'	'	'	'
Business Combination, Contingent Consideration, Liability	'	'	$0	$218,000	$877,000
Liability Payment Period	'5 years	'	'	'	'
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	'	877,000	'	'	'
Loss Contingency, Range of Possible Loss, Maximum	'	4,000,000	'	'	'
Reversed [Member]	'	'	'	'	'
Note 12 - Commitments And Contingencies (Details) [Line Items]	'	'	'	'	'
Business Combination Contingent Consideration Change In Accrued Interest Amount	'	$20,000	'	'	'