LSI Industries (LYTS) 10-K 11 Sep 18 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2018	Aug. 31, 2018	Dec. 31, 2017
Document Information [Line Items]
Entity Registrant Name	LSI INDUSTRIES INC
Entity Central Index Key	763,532
Trading Symbol	lyts
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		25,641,913
Entity Public Float			$ 136,501,096
Document Type	10-K
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018		Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Net sales	$ 83,409	$ 78,843	$ 92,305	$ 87,466	$ 83,419	$ 78,156	$ 85,658	$ 84,159	$ 80,844	$ 70,740	$ 84,687	$ 85,925	$ 342,023		$ 331,392		$ 322,196		$ 307,857	$ 299,463
Cost of products and services sold													252,789		248,012		238,525		233,408	234,165
Restructuring costs															1,503
Gross profit	20,306	19,918	25,307	23,703	21,236	18,399	21,407	20,835	19,847	16,549	23,926	23,349	89,234		81,877		83,671
Selling and administrative expenses													79,750		77,272		69,715		66,694	62,175
Impairment of goodwill and intangible asset													28,000		479					805
Transition and realignment costs													3,136
Acquisition deal costs															1,608
Restructuring (gain) (see Note 15)															(1,091)
Operating (loss) income													(21,652)		3,609		13,956		7,533	2,318
Interest (income)													(39)		(91)		(84)		(26)	(17)
Interest expense													1,719		620		36		45	68
(Loss) income before income taxes													(23,332)		3,080		14,004		7,514	2,267
Income tax (benefit) expense													(3,791)		80		4,522		2,363	1,337
Net (loss) income	$ (2,664)	$ 220	$ (1,468)	$ (15,629)	$ 696	$ (531)	$ 2,006	$ 829	$ 1,428	$ 522	$ 3,782	$ 3,750	$ (19,541)		$ 3,000		$ 9,482		$ 5,151	$ 930
(Loss) earnings per common share (see Note 3)
Basic (in dollars per share)	$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)		$ 0.12		$ 0.38		$ 0.21	$ 0.04
Diluted (in dollars per share)	$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)		$ 0.12		$ 0.37		$ 0.21	$ 0.04
Weighted average common shares outstanding
Basic (in shares)													25,866		25,436		24,988		24,496	24,388
Diluted (in shares)													25,866	[1]	25,988	[1]	25,592	[1]	24,638	24,546
[1]	Options to purchase 2,802,420 common shares, 1,698,883 common shares, and 1,331,300 common shares at June 30, 2018, 2017, and 2016, respectively, were not included in the computation of diluted earnings per share because the exercise price was greater than the average fair market value of the common shares. For the year ended June 30, 2018 the effect of dilutive securities was not included in the calculation of diluted earnings (loss) per share because there was a net operating loss for the period.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 3,178	$ 3,039
Accounts receivable, less allowance for doubtful accounts of $409 and $506, respectively	50,609	48,880
Inventories	50,994	50,008
Refundable income taxes	1,784	775
Assets held for sale		1,463
Other current assets	3,516	2,964
Total current assets	110,081	107,129
Property, Plant and Equipment, at cost
Land	6,470	6,429
Buildings	35,961	35,463
Machinery and equipment	77,108	78,804
Construction in progress	1,340	3,805
	120,879	124,501
Less accumulated depreciation	(77,176)	(77,147)
Net property, plant and equipment	43,703	47,354
Goodwill	30,538	58,538
Other Intangible Assets, net	35,409	38,169
Other Long-Term Assets, net	9,786	5,490
Total assets	229,517	256,680
LIABILITIES & SHAREHOLDERS’ EQUITY
Accounts payable	17,927	19,356
Accrued expenses	24,272	26,069
Total current liabilities	42,199	45,425
Long-term debt	45,360	49,698
Other Long-Term Liabilities	2,707	1,479
Commitments and Contingencies (Note 13)
Shareholders’ Equity
Preferred shares, without par value; Authorized 1,000,000 shares, none issued
Common shares, without par value; Authorized 40,000,000 shares; Outstanding 25,641,913 and 25,429,223 shares, respectively	124,104	120,059
Treasury shares, without par value;	(2,110)	(2,457)
Deferred compensation plan	2,133	2,657
Retained earnings	15,124	39,819
Total shareholders’ equity	139,251	160,078
Total liabilities & shareholders’ equity	$ 229,517	$ 256,680

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Allowance for doubtful accounts	$ 409	$ 506
Preferred shares, par value (in dollars per share)	$ 0	$ 0
Preferred shares, authorized shares (in shares)	1,000,000	1,000,000
Preferred shares, issued (in shares)	0	0
Common shares, par value (in dollars per share)	$ 0	$ 0
Common shares, authorized (in shares)	40,000,000	40,000,000
Common shares, outstanding (in shares)	25,641,913	24,429,223

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Restricted Stock Units (RSUs) [Member]Common Stock [Member]	Restricted Stock Units (RSUs) [Member]Treasury Stock [Member]	Restricted Stock Units (RSUs) [Member]Key Executive Deferred Compensation [Member]	Restricted Stock Units (RSUs) [Member]Retained Earnings [Member]	Restricted Stock Units (RSUs) [Member]	Common Stock [Member]	Treasury Stock [Member]	Key Executive Deferred Compensation [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Jun. 30, 2015						24,620,000	(227,000)
Balance at Jun. 30, 2015						$ 106,242	$ (2,145)	$ 2,256	$ 36,599	$ 142,952
Net income									9,482	9,482
Stock compensation awards (in shares)	5,000					23,000
Stock compensation awards						$ 248				248
Activity of treasury shares, net (in shares)							(1,000)
Activity of treasury shares, net							$ (22)			(22)
Deferred stock compensation								150		150
Stock-based compensation expense						$ 2,903				$ 2,903
Stock options exercised, net (in shares)						562,000				561,946
Stock options exercised, net						$ 4,021				$ 4,021
Dividends									(4,214)	(4,214)
Balance (in shares) at Jun. 30, 2016						25,210,000	(228,000)
Balance at Jun. 30, 2016						$ 113,414	$ (2,167)	2,406	41,867	155,520
Net income									3,000	3,000
Stock compensation awards (in shares)	25,000					40,000
Stock compensation awards						$ 409				409
Activity of treasury shares, net (in shares)							(30,000)
Activity of treasury shares, net							$ (290)			(290)
Deferred stock compensation								251		251
Stock-based compensation expense						$ 3,049				$ 3,049
Stock options exercised, net (in shares)						412,000				486,446
Stock options exercised, net						$ 2,612				$ 2,612
Dividends									(5,048)	(5,048)
Stock Warrants Issued						$ 575				575
Balance (in shares) at Jun. 30, 2017						25,687,000	(258,000)
Balance at Jun. 30, 2017						$ 120,059	$ (2,457)	2,657	39,819	160,078
Net income									(19,541)	(19,541)
Stock compensation awards (in shares)	44,000					43,000
Stock compensation awards						$ 319				319
Activity of treasury shares, net (in shares)							16,000
Activity of treasury shares, net							$ 347			347
Deferred stock compensation								(524)		(524)
Stock-based compensation expense						$ 3,012				$ 3,012
Stock options exercised, net (in shares)						43,000				42,939
Stock options exercised, net						$ 285				$ 285
Dividends									(5,154)	(5,154)
Shares issued for deferred compensation (in shares)						67,000
Shares issued for deferred compensation						$ 429				429
Balance (in shares) at Jun. 30, 2018						25,884,000	(242,000)
Balance at Jun. 30, 2018						$ 124,104	$ (2,110)	$ 2,133	$ 15,124	$ 139,251

Consolidated Statements of Sha6

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Dividends, per share (in dollars per share)	$ 0.20	$ 0.20	$ 0.17	$ 0.12	$ 0.24

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Cash Flows From Operating Activities
Net income	$ (19,541,000)	$ 3,000,000	$ 9,482,000
Non-cash items included in net income
Depreciation and amortization	10,222,000	8,262,000	6,677,000
Impairment of goodwill and intangible asset	28,000,000	479,000
Deferred income taxes	(4,748,000)	(779,000)	(1,117,000)
Deferred compensation plan	359,000	455,000	491,000
Stock based compensation expense	3,012,000	3,049,000	2,903,000
Issuance of common shares as compensation	319,000	409,000	248,000
(Gain) on disposition of building		(1,361,000)
(Gain) loss on disposition of fixed assets	(26,000)	484,000	(1,000)
Allowance for doubtful accounts	214,000	349,000	55,000
Inventory obsolescence reserve	2,605,000	2,088,000	1,726,000
Change in certain assets and liabilities, net of acquisition
Accounts receivable	(1,943,000)	4,948,000	(3,369,000)
Inventories	(3,591,000)	535,000	(2,784,000)
Refundable income taxes	(1,009,000)	(775,000)	99,000
Accounts payable	(1,883,000)	2,278,000	(1,130,000)
Accrued expenses and other	(499,000)	(2,180,000)	5,116,000
Customer prepayments	9,000	9,000	(271,000)
Net cash flows provided by operating activities	11,500,000	21,250,000	18,125,000
Cash Flows From Investing Activities
Purchases of property, plant, and equipment	(3,406,000)	(6,633,000)	(10,211,000)
Acquisition of business, net of cash received and warrants issued		(95,077,000)
Proceeds from sale of fixed assets	1,538,000	3,095,000	68,000
Net cash flows (used in) investing activities	(1,868,000)	(98,615,000)	(10,143,000)
Cash Flows From Financing Activities
Payments of long-term debt	(99,258,000)	(41,282,000)
Borrowings of long-term debt	94,920,000	90,781,000
Cash dividends paid	(5,154,000)	(5,048,000)	(4,214,000)
Purchase of treasury shares	(107,000)	(494,000)	(363,000)
Shares withheld for employee taxes	(179,000)
Exercise of stock options	285,875	2,945,986	4,124,047
Net cash flows provided by (used in) financing activities	(9,493,000)	46,569,000	(556,000)
Increase (decrease) in cash and cash equivalents	139,000	(30,796,000)	7,426,000
Cash and cash equivalents at beginning of year	3,039,000	33,835,000	26,409,000
Cash and cash equivalents at end of year	$ 3,178,000	$ 3,039,000	$ 33,835,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 Consolidation: The 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. 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 five Product revenue is recognized on product-only orders upon passing of title and risk of loss, generally 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. Product revenue related to orders where the customer requires the Company to install the product is recognized when the product is installed. The Company provides product warranties and certain post-shipment service, support and maintenance of certain solid state LED video screens. Installation revenue is recognized when the products have been fully installed. The Company is not no Service revenue from integrated design, project and construction management, and site permitting is recognized when all products at a customer site have been installed. Revenue from the management of media content and digital hardware related to active digital signage is recognized evenly over the service period with the customer. Media content service periods with most customers range from one one Shipping and handling revenue coincides with the recognition of revenue from sale of the product. 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 The Company also evaluates the appropriateness of revenue recognition in accordance with the accounting standards on software revenue recognition. Our solid-state LED video screens and active digital signage contain software elements which the Company has determined are incidental. 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 first The following table presents the Company’s net accounts receivable at the dates indicated. (In thousands) June 30, June 30, 2018 2017 Accounts receivable $ 51,018 $ 49,386 Less: Allowance for doubtful accounts (409 ) (506 ) Accounts receivable, net $ 50,609 $ 48,880 Cash and Cash Equivalents: The cash balance includes cash and cash equivalents which have original maturities of less than three $250,000. June 30, 2018 June 30, 2017, $4,507,000 $4,488,000, Inventories and Inventory Reserves: Inventories are stated at the lower of cost or net realizable value. 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 on material content. Cost is determined on the first first The Company maintains an inventory reserve for obsolete and excess inventory. The Company first 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 (in years) 28 - 40 Machinery and equipment (in years) 3 - 10 Computer software (in 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. Leasehold improvements are depreciated over the shorter of fifteen The Company recorded $7,462,000, $7,005,000 $6,171,000 June 30, 2018, 2017 2016, Goodwill and 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 seven twenty 6. Fair Value: The Company has financial instruments consisting primarily of cash and cash equivalents, revolving lines of credit, accounts receivable, accounts payable, and 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 Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in goodwill and other intangible asset impairment analyses, long-lived asset impairment analyses, in the purchase price of acquired companies, and in the valuation of the contingent earn-out. The accounting guidance on fair value measurement was used to measure the fair value of these nonfinancial assets and nonfinancial liabilities. Product Warranties: The Company offers a limited warranty that its products are free from defects in workmanship and materials. The specific terms and conditions vary somewhat by product line, but generally cover defective products returned within one five 10 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) June 30, 2018 June 30, 2017 Balance at beginning of the period $ 7,560 $ 5,069 Additions charged to expense 5,181 4,956 Addition from acquired company — 907 Deductions for repairs and replacements (5,865 ) (3,372 ) Balance at end of the period $ 6,876 $ 7,560 Employee Benefit Plans: In fiscal 2017, 2018, 401k 401k 401k $1,195,214 2018, $2,373,000 2017, $2,327,000 2016. Research and Development Costs: Research and development costs are 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, outside legal costs and filing fees related to obtaining patents, supplies, depreciation and other administrative costs. The Company 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 $5,952,000, $5,700,000 $5,549,000 June 30, 2018, 2017 2016, Cost of Products and Services Sold: Cost of products sold is primarily comprised of direct materials and supplies consumed in the manufacture of products, as well as manufacturing labor, depreciation expense and direct overhead expense necessary to acquire and convert the purchased materials and supplies into finished product. Cost of products sold also includes the cost to distribute products to customers, inbound freight costs, internal transfer costs, warehousing costs and other shipping and handling activity. Cost of services sold is primarily comprised of the internal and external labor costs required to support the Company’s service revenue along with the management of media content. 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 nonqualified 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, restricted stock units, stock warrants, contingently issuable shares and common shares to be issued under a deferred compensation plan, all of which totaled 720,000 2018; 844,000 2017; 872,000 2016. 3. Income Taxes: The Company accounts for income taxes in accordance with the accounting guidance for income taxes. Accordingly, deferred income taxes are provided on items that are reported as either income or expense in different time periods for financial reporting purposes than they are for income tax purposes. Deferred income tax assets are reported on the Company’s balance sheet. Significant management judgment is required in developing the Company’s income tax provision, including the estimation of taxable income and the effective income tax rates in the multiple taxing jurisdictions in which the Company operates, the estimation of the liability for uncertain income tax positions, the determination of deferred tax assets and liabilities, and any valuation allowances that might be required against deferred tax assets. The Tax Cuts and Jobs Act (the “Act”) was signed into law on December 22nd, 2017 21% January 1, 2018. 27.6% 2018, 21% June 30, 2018, one $3,323,000. New Accounting Pronouncements: In June 2014, 2014 09, April 2016, 2016 10, May 2016, 2016 12, December 2016, 2016 20, 606, three 2014 09 December 15, 2017, 2019. The Company has adopted the standard as of July 1, 2018 $0.6 $1.0 2018 July 1, 2018, 2014 09 In November 2015, 2015 17, April 1, 2017. may June 30, 2016. not In February 2016, 2016 02, December 15, 2018, 2020, not Comprehensive Income: The Company does not Subsequent Events: The Company has evaluated subsequent events for potential recognition and disclosure through the date the consolidated financial statements were filed. No Reclassifications: Certain prior year amounts have been reclassified to conform to the current year presentation within the cash flows from operating activities section and cash flows from financing activities section of the statement of cash flows. Additionally, certain prior year amounts have been reclassified to conform to the current year presentation within the statement of shareholders’ equity. These reclassifications have no Use of Estimates: The preparation of 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 consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Note 2 - Business Segment Infor

Note 2 - Business Segment Information	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 2 The accounting guidance on 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 or “CODM”) in making decisions on how to allocate resources and assess performance. In the first 2018, two The Lighting Segment includes outdoor and indoor lighting utilizing both traditional and LED light sources that have been fabricated and assembled for the commercial/industrial market, the petroleum / convenience store market, the automotive dealership market, the quick service restaurant market, along with other markets the Company serves. The Lighting Segment also includes the design, engineering, and manufacturing of electronic circuit boards, assemblies and sub-assemblies used to manufacture certain LED light fixtures and sold directly to customers. The Graphics Segment designs, manufactures and installs exterior and interior visual image elements such as traditional graphics, interior branding, electrical and architectural signage, active digital signage along with the management of media content related to digital signage, LED video screens, and menu board systems that are either digital or traditional by design. These products are used in visual image programs in several markets including, but not The Company’s corporate administration activities are reported in the Corporate and Eliminations line item. These activities primarily include 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 (if any), and deferred income taxes. There were no 10% June 30, 2018, 2017, 2016. no June 30, 2017 2016. Summarized financial information for the Company’s reportable business segments is provided for the indicated periods and as of June 30, 2018, June 30, 2017, June 30, 2016: (In thousands) 201 8 2017 2016 Net Sales: Lighting Segment $ 260,613 $ 258,997 $ 244,228 Graphics Segment 81,410 72,395 77,968 Total Net Sales 342,023 $ 331,392 $ 322,196 Operating Income (Loss): Lighting Segment $ (12,795 ) $ 14,116 $ 19,301 Graphics Segment 5,618 2,439 5,246 Corporate and Eliminations (14,475 ) (12,946 ) (10,591 ) Total Operating (Loss) Income $ (21,652 ) $ 3,609 $ 13,956 Capital Expenditures: Lighting Segment $ 2,203 $ 4,249 $ 6,107 Graphics Segment 1,038 1,748 3,688 Corporate and Eliminations 165 636 416 Total Capital Expenditures $ 3,406 $ 6,633 $ 10,211 Depreciation and Amortization: Lighting Segment $ 7,573 $ 5,649 $ 4,359 Graphics Segment 1,542 1,474 1,104 Corporate and Eliminations 1,107 1,139 1,214 Total Depreciation and Amortization $ 10,222 $ 8,262 $ 6,677 June 30, June 30, 201 8 2017 Identifiable Assets: Lighting Segment $ 172,799 $ 214,070 Graphics Segment 39,881 33,144 Corporate and Eliminations 16,837 9,466 Total Identifiable Assets $ 229,517 $ 256,680 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. 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. The Company records a 10% (In thousands) 201 8 2017 2016 Lighting Segment intersegment net sales $ 2,672 $ 2499 $ 2771 Graphics Segment intersegment net sales $ 1,276 $ 1,135 $ 1,760

Note 3 - Earnings Per Common Sh

Note 3 - Earnings Per Common Share	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 3 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): (In thousands, except per share data) 201 8 2017 2016 BASIC EARNINGS (LOSS) PER SHARE Net (loss) income $ (19,541 ) $ 3,000 $ 9,482 Weighted average shares outstanding during the period, net of treasury shares (a) 25,569 25,144 24,720 Weighted average vested restricted stock units outstanding 55 37 24 Weighted average shares outstanding in the Deferred Compensation Plan 242 255 244 Weighted average shares outstanding 25,866 25,436 24,988 Basic (loss) earnings per share $ (0.76 ) $ 0.12 $ 0.38 DILUTED EARNINGS (LOSS) PER SHARE Net (loss) income $ (19,541 ) $ 3,000 $ 9,482 Weighted average shares outstanding - Basic 25,866 25,436 24,988 Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any — 552 604 Weighted average shares outstanding (c) 25,866 25,988 25,592 Diluted (loss) earnings per share $ (0.76 ) $ 0.12 $ 0.37 (a) Includes shares accounted for like treasury stock. (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 2,802,420 1,698,883 1,331,300 June 30, 2018, 2017, 2016, not June 30, 2018 not

Note 4 - Inventories

Note 4 - Inventories	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 4 The following information is provided as of the dates indicated: June 30, June 30, (In thousands) 201 8 2017 Inventories: Raw materials $ 31,795 $ 32,421 Work-in-process 3,833 3,527 Finished goods 15,366 14,060 Total Inventories $ 50,994 $ 50,008

Note 5 - Accrued Expenses

Note 5 - Accrued Expenses	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	NOTE 5 — A CCRUED EXPENSES The following information is provided as of the dates indicated: June 30, June 30, (In thousands) 201 8 2017 Accrued Expenses: Compensation and benefits $ 9,394 $ 9,759 Customer prepayments 1,070 1,061 Accrued sales commissions 2,274 2,314 Accrued warranty 6,876 7,560 Other accrued expenses 4,658 5,375 Total Accrued Expenses $ 24,272 $ 26,069

Note 6 - Goodwill and Other Int

Note 6 - Goodwill and Other Intangible Assets	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 6 — GOODWILL AND OTHER INTANGIBLE ASSETS The carrying values of goodwill and other intangible assets with indefinite lives are reviewed at least annually for possible impairment. The Company may first not not no not not first may may The Company identified its reporting units in conjunction with its annual goodwill impairment testing. The Company has a total of three two one 2 not A sustained and significant decline in the Company’s stock price in the first 2018 one September 30, 2017. 2017 04, 2 not $28,000,000. As of March 1, 2018, three one $21.4 15% second $16.1 69% $3.3 319% fourth no Another sustained and significant decline in the Company’s stock price in the fourth 2018 one May 31, 2018. 2017 04, 2 not $13.7 11% As of March 1, 2017, three two $60.0 80% one $23.2 95% second one $4.2 424% The following table presents information about the Company's goodwill on the dates or for the periods indicated: Goodwill (In thousands) Lighting Graphics Segment Segment Total Balance as of June 30, 2017 Goodwill $ 94,564 $ 28,690 $ 123,254 Accumulated impairment losses (37,191 ) (27,525 ) (64,716 ) Goodwill, net as of June 30, 2017 $ 57,373 $ 1,165 $ 58,538 Goodwill impairment $ (28,000 ) $ -- $ (28,000 ) Balance as of June 30, 2018 Goodwill $ 94,564 $ 28,690 $ 123,254 Accumulated impairment losses (65,191 ) (27,525 ) (92,716 ) Goodwill, net as of June 30, 2018 $ 29,373 $ 1,165 $ 30,538 The Company performed its annual review of indefinite-lived intangible assets as of March 1, 2018 no $20.6 604% no As of March 1, 2017, no $15.2 445% In March 2017, $479,000 not The gross carrying amount and accumulated amortization by major other intangible asset class is as follows: June 30, 2018 Other Intangible Assets Gross (In thousands) Carrying Accumulated Net Amount Amortization Amount Amortized Intangible Assets Customer relationships $ 35,563 $ 10,011 $ 25,552 Patents 338 217 121 LED technology firmware, software 16,066 11,801 4,265 Trade name 2,658 609 2,049 Non-compete agreements 710 710 - Total Amortized Intangible Assets 55,335 23,348 31,987 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 $ 58,757 $ 23,348 $ 35,409 June 30, 2017 Other Intangible Assets Gross (In thousands) Carrying Accumulated Net Amount Amortization Amount Amortized Intangible Assets Customer relationships $ 35,563 $ 7,956 $ 27,607 Patents 338 186 152 LED technology firmware, software 16,066 11,237 4,829 Trade name 2,658 499 2,159 Non-compete agreements 710 710 Total Amortized Intangible Assets 55,335 20,588 34,747 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 $ 58,757 $ 20,588 $ 38,169 Amortization Expense of Other Intangible Assets (In thousands) 2018 2017 2016 Amortization Expense $ 2,760 $ 1,257 $ 506 The Company expects to record annual amortization expense as follows: (In thousands) 2019 $ 2,760 2020 $ 2,687 2021 $ 2,682 2022 $ 2,460 2023 $ 2,411 After 2023 $ 18,987

Note 7 - Revolving Line of Cred

Note 7 - Revolving Line of Credit and Long-term Debt	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 7 In February 2017 $100 third 2022. 125 250 $100 15 June 30, 2018, $45.4 $54.6 The Company is in compliance with all of its loan covenants as of June 30, 2018.

Note 8 - Cash Dividends

Note 8 - Cash Dividends	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 CASH DIVIDENDS The Company paid cash dividends of $5,154,000, $5,048,000 $4,214,000 2018, 2017 2016, $50,621 $30,067 June 30, 2018 2017, August 2018, $0.05 September 4, 2018 August 27, 2018.

Note 9 - Equity Compensation

Note 9 - Equity Compensation	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 9 — EQUITY COMPENSATION Stock Options The Company’s equity compensation plan, the 2012 2012 November 2012. 2012 November 2016, 2012 1,600,000 2.5 2012 2012 Stock option grants may 2017 four one 2018 three one three one 2012 ten The number of shares reserved for issuance under the 2012 1,436,303 June 30, 2018. 2018. June 30, 2018, 3,298,677 2012 one 1,824,552 June 30, 2018, $1,052,342. 20 June 30, 2018, 169,397 $246,301. 21 Stock Warrants The Company has 200,000 June 30, 2018. 2017 $9.95, $2.87. June 30, 2018, 3.7 February 21, 2017 Dividend yield 2.01 % Expected volatility 39 % Risk-free interest rate 1.80 % Expected life (in years) 4.5 Stock Options 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. 2018 2017 2016 Dividend yield 3.3 % 1.9 % 1.3 % Expected volatility 41 % 42 % 44 % Risk-free interest rate 1.8 % 1.3 % 1.7 % Expected life (in years) 6.0 6.0 6.0 At June 30, 2018, 794,537 2018 $5.92 $6.54 $1.71 $1.96 9 10 345,560 2018 not 2018. At June 30, 2017, 1,332,623 2017 $9.15 $11.06 $3.01 $3.83 9 10 425,000 2017 not 2017. At June 30, 2016, 1,026,800 2016 $8.84 $11.87 $3.28 $4.52 9 9.7 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 8.70% April 1, 2018. 2.00% 8.79% January 1, 2013 March 31, 2018. five The Company recorded $2,147,423, $2,478,861 $2,519,092 2018, 2017 2016, $2,147,423 2018, $954,000. June 30, 2018, 2,918,382 $8.33 $8,037 6.7 Information related to all stock options for the years ended June 30, 2018, 2017 2016 Twelve Months Ended June 30, 2018 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/17 3,119,688 $ 9.12 7.4 $ 2,332,324 Granted 794,537 $ 5.98 Exercised (42,939 ) $ 6.66 Forfeited (467,609 ) $ 9.11 Expired (105,000 ) $ 19.62 Outstanding at 6/30/18 3,298,677 $ 8.06 7.0 $ 8,037 Exercisable at 6/30/18 1,824,552 $ 8.22 5.8 $ 39,011 Twelve Months Ended June 30, 2017 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/16 2,976,490 $ 8.97 6.6 $ 8,338,974 Granted 1,332,623 $ 10.59 Exercised (486,446 ) $ 7.37 Forfeited (702,979 ) $ 12.46 Outstanding at 6/30/17 3,119,688 $ 9.12 7.4 $ 2,332,324 Exercisable at 6/30/17 1,277,561 $ 8.75 5.0 $ 1,592,653 Twelve Months Ended June 30, 2016 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/15 2,677,436 $ 8.85 6.1 $ 4,914,601 Granted 1,026,800 $ 9.39 Exercised (561,946 ) $ 7.34 Forfeited (165,800 ) $ 15.15 Outstanding at 6/30/16 2,976,490 $ 8.97 6.6 $ 8,338,974 Exercisable at 6/30/16 1,312,985 $ 9.75 4.0 $ 3,819,127 The following table presents information related to unvested stock options: Weighted-Average Grant Date Shares Fair Value Unvested at June 30, 2017 1,842,127 $ 3.52 Granted 794,537 $ 1.73 Vested (942,905 ) $ 3.39 Forfeited (219,634 ) $ 3.43 Unvested at June 30, 2018 1,474,125 $ 2.65 The weighted average grant date fair value of options granted during fiscal years 2018, 2017, 2016, $1.73, $3.67 $3.64 June 30, 2018, 2017 2016 $39,011, $1,189,414 $1,695,213, 2018, 2017 2016 $3,192,672, $2,298,114 $1,168,192, The Company received $285,875, $2,945,986, $4,124,047, 2018, 2017 2016, For year ended June 30, 2018, $116,602. 2016 09, $292,000 $10,767 For the year ended June 30, 3017, $505,879. $261,694 $138,722 For the year ended June 30, 2016, $595,483. $102,010 $141,349 Restricted Stock Units A total of 91,490 $5.92 2018. 96,210 $10.84 twelve June 30, 2017. 2017 four one $50,621 $30,067 June 30, 2018 2017, The following table presents information related to RSUs: Weighted-Average Grant Date Shares Fair Value Unvested at June 30, 2017 133,335 $ 10.38 Awarded 91,490 $ 5.92 Vested (43,803 ) $ 10.32 Forfeited (11,625 ) $ 9.82 Unvested at June 30, 2018 169,397 $ 8.03 The Company recorded $879,613 2018. June 30, 2018, 169,397 4.5 169,397 June 30, 2018, 165,680 $246,302. 21 8.3% As of June 30, 2017, 133,335 6.0 $570,178 2017. 133,335 June 30, 2017, 128,859 3.4% Director and Employee Stock Compensation Awards The Company awarded a total of 41,388, 40,092, 23,838 2018, 2017, 2016, $312,000, $409,000 $248,000 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 June 30, 2018, 32 241,996 $2,110,248, 257,898 $2,456,875 June 30, 2018 2017, 67,138 2018 not 2017 2016. The Company used approximately $106,537 $492,400 15,225 50,579 2018 2017, The Company’s non-qualified deferred compensation is no September 30, 2017. 2012

Note 10 - Leases and Purchase C

Note 10 - Leases and Purchase Commitments	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Leases of Lessee Disclosure [Text Block]	NOTE 10 Purchase commitments, including minimum annual rental commitments, of the Company totaled $21,451,000 $21,973,000 June 30, 2018 June 30, 2017, one five $2,867,000 2018, $2,439,000 2017, $2,027,000 2016. 2019 2020 2021 2022 2023 2024 & Beyond $ 1,902,516 $ 1,864,873 $ 1,891,698 $ 1,893,083 $ 1,895,930 $ 2,941,434

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11 The following information is provided for the years ended June 30: (In thousands) 2018 2017 2016 Components of income before income taxes: United States $ (23,332 ) $ 3,080 $ 14,004 Foreign — — — Income before income taxes $ (23,332 ) $ 3,080 $ 14,004 Provision for income taxes: Current U.S. federal $ 922 $ 800 $ 5,056 State and local 35 59 582 Total current 957 859 5,638 Deferred (4,748 ) (779 ) (1,116 ) Total provision for income taxes $ (3,791 ) $ 80 $ 4,522 (In thousands) 2018 2017 2016 Reconciliation to federal statutory rate: Federal statutory tax rate 27.6 % 34.0 % 35.0 % State and local taxes, net of federal benefit 1.1 2.4 2.2 Federal and state tax credits 0.9 (5.3 ) (2.6 ) Valuation allowance 3.5 (18.9 ) — Domestic production activities deduction 0.6 (4.1 ) (4.2 ) Uncertain tax position activity 0.4 (5.5 ) (0.6 ) Shared based compensation (1.3 ) 0.0 2.5 Tax rate changes (14.2 ) — — Other (2.3 ) — — Effective tax rate 16.3 % 2.6 % 32.3 % The Tax Cuts and Jobs Act (the “Act”) was signed into law in December 2017 21% January 1, 2018. 27.6% 2018 21% June 30, 2018, $3,322,991 June 30, 2018. The components of deferred income tax assets and (liabilities) at June 30, 2018 2017 (In thousands) 2018 2017 Uncertain tax positions $ 119 $ 281 Reserves against current assets 1,348 584 Accrued expenses 2,028 3,357 Deferred compensation 402 925 Stock-based compensation 1,296 1,824 State net operating loss carryover and credits 2,194 1,853 Long term capital loss carryforward 2,555 3,703 Goodwill, acquisition costs and intangible assets 4,728 (502 ) U.S. Federal net operating loss carryover and credits 232 406 Deferred income tax asset before valuation allowance 14,902 12,431 Valuation allowance (4,749 ) (5,556 ) Deferred income tax asset 10,153 6,875 Depreciation (2,045 ) (3,515 ) Deferred income tax liability (2,045 ) (3,515 ) Net deferred income tax asset $ 8,108 $ 3,360 As of June 30, 2018 2017, $232,000 $406,000, 3 June 30, 2029. 2 June 30, 2029. 382. not, Also related to the acquisition of Virticus, the Company has recorded a deferred income tax asset in the amount of $108,000 $137,000, 2018 2017, not, not 4 June 30, 2027. 2018 As of June 30, 2018 2017, $2,086,000 $1,716,000, not 2014, not, not June 30, 2018 2017, $2,086,000 $1,716,000, 2018 During fiscal 2015, $11,972,000 $1,192,000 2017. $10,780,000 $2,555,000 no June 30, 2020. Considering all issues discussed above, the Company has recorded valuation reserves of $4,749,000 $5,556,000 June 30, 2018 2017, At June 30, 2018, $651,000, $259,000, $159,000 $1,069,000. $651,000, $322,000 June 30, 2017, $657,000, $268,000, $194,000, $1,119,000. $657,000, 2017, $483,000, $1,119,000 The Company is recording estimated interest and penalties related to potential underpayment of income taxes as a component of tax expense in the Consolidated Statements of Operations. The Company recognized a $20,000 2018, $78,000 2017, $26,000 2016 $9,000 $35,000, 2018, $66,000 $27,000, 2017, $48,000 $10,000, 2016. not twelve The fiscal 2018, 2017 2016 (in thousands) 2018 2017 2016 Balance at beginning of the fiscal year $ 842 $ 648 $ 687 Decreases — tax positions in prior period (185 ) (170 ) (161 ) Increases — tax positions in current period 41 50 122 Increases – tax positions in prior period 42 314 — Settlements and payments (4 ) — — Lapse of statute of limitations — — — Balance at end of the fiscal year $ 736 $ 842 $ 648 The Company files a consolidated federal income tax return in the United States, and files various combined and separate tax returns in several state and local jurisdictions. With limited exceptions, the Company is no June 30, 2015. June 30, 2016.

Note 12 - Supplemental Cash Flo

Note 12 - Supplemental Cash Flow Information	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 12 (In thousands) 201 8 2017 2016 Cash payments for: Interest $ 1,582 $ 529 $ 50 Income taxes $ 1,854 $ 2,618 $ 5,079 Non-cash investing and financing activities Issuance of common shares as compensation $ 319 $ 409 $ 248 Issuance of stock warrants — 575 — Issuance of common shares to fund deferred compensation plan $ 429 $ — $ —

Note 13 - Commitments and Conti

Note 13 - Commitments and Contingencies	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 13 — COMMITMENTS AND CONTINGENCIES 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 not The Company may third June 30, 2018, no

Note 14 - Severance Costs

Note 14 - Severance Costs	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	NOTE 14 The Company recorded severance charges of $1,900,000, 523,000 $469,000 2018, 2017 2016, not 2018 The activity in the Company’s accrued severance liability was as follows for the twelve June 30, 2018 2017: Fiscal Fiscal Year Ended Year Ended (In thousands) June 30, June 30, 2018 2017 Balance at beginning of the period $ 235 $ 39 Accrual of expense 1,900 523 Payments (363 ) (313 ) Adjustments — (14 ) Balance at end of the period $ 1,772 $ 235 On April 23, 2018, $1,772,000 $1,772,000, $640,000 twelve $1,132,000

Note 15 - Restructuring Costs

Note 15 - Restructuring Costs	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	NOTE 1 5 – RESTRUCTURING COSTS On September 22, 2016, December 31, 2016. $944,000 $485,000 2017. first 2017 $1,361,000 no 2018. The Company also announced the consolidation of the Beaverton, Oregon facility into other LSI facilities. The light assembly of products in the Beaverton facility was moved to the Company’s Columbus, Ohio facility, and administration and engineering functions were moved to the Company’s Cincinnati, Ohio facility. This consolidation was completed September 30, 2016. $377,000 2017 no 2018. In November 2016, December 31, 2016. September 2017. $452,000 2017 no 2018. The following table presents information about restructuring costs recorded in fiscal 2017: Total Fiscal 2017 (In thousands) Restructuring Costs Severance and other termination benefits $ 811 Lease obligation 213 Impairment of fixed assets and accelerated depreciation 354 Gain on sale of facility (1,361 ) Other 395 Total $ 412 Impairment and accelerated depreciation expense of $354,000 2017 no The following table presents restructuring costs incurred by line item in the consolidated statement of operations in which the costs are included: Total Total Fiscal 2018 Fiscal 2017 (In thousands) Restructuring Restructuring Costs Costs Cost of Goods Sold $ -- $ 1,503 Operating Expenses -- (1,091 ) Total $ -- $ 412 The following table presents information about restructuring costs by segment for the periods indicated: Total Total Fiscal 2018 Fiscal 2017 (In thousands) Restructuring Restructuring Expenses Expenses Lighting Segment $ -- $ (165 ) Graphics Segment -- 452 Corporate and Eliminations -- 125 Total $ -- $ 412 The above tables include the gain on the sale of the Kansas City facility. Additionally, the above tables do not $485,000 2017 There were no 2018. 2017 2017. (In thousands) Balance as of June 30, 2017 Restructuring Expense Payments Adjustments Balance as of June 30, 2018 Severance and termination benefits $ -- $ -- $ -- $ -- $ -- Lease obligation 85 -- (85 ) -- -- Other -- -- -- -- -- Total $ 85 $ -- $ (85 ) $ $ -- Refer to Note 14 not

Note 16 - Related Party Transac

Note 16 - Related Party Transactions	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 1 6 — RELATED PARTY TRANSACTIONS The Company has recorded expense for the following related party transactions in the fiscal years indicated: (In thousands) 201 8 2017 2016 Keating Muething & Klekamp PLL $ 161 $ 526 $ 207 American Engineering and Metal Working $ — $ — $ 522 Cost of Freedom, Inc $ 25 $ — $ — Atlas Melbane Street Properties, LLC $ — $ 314 $ — As of the balance sheet date indicated, the Company had the following liabilities recorded with respect to related party transactions: (In thousands) June 30, June 30, 2018 2017 Keating Muething & Klekamp PLL $ — $ 28 The Company has recognized revenue related to the following related party transactions in the fiscal years indicated: (In thousands) 2018 2017 2016 Wesco International $ 3,200 $ 2,121 $ 2,450 American Engineering and Metal Working $ — $ — $ 27 As of the balance sheet date indicated, the Company had the following accounts receivable recorded with respect to related party transactions: (In thousands) June 30, June 30, 201 8 2017 Wesco International $ 16 $ — The law firm of Keating Muething & Klekamp PLL, of which the son of one one

Note 17 - Acquisition

Note 17 - Acquisition	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Business Combination Disclosure [Text Block]	NOTE 1 7 – ACQUISITION On February 21, 2017, $97.5 $96.9 200,000 five $0.6 $66 $100 7 The Company has accounted for this transaction as a business combination. Under business combination accounting, the allocation of the purchase consideration to the fair value of the assets acquired and liabilities assumed as of February 21, 2017 (amounts in thousands) February 21, 2017 (Initially Reported) Measurement Period Adjustments February 21, 2017 (As Adjusted) Cash and Cash Equivalents $ 1,815 $ $ 1,815 Accounts Receivable 7,202 7,202 Inventories 8,490 8,490 Property, Plant, and Equipment 3,631 (85 ) 3,546 Other Assets 248 248 Intangible Assets 34,319 34,319 Liabilities Assumed (6,106 ) (77 ) (6,183 ) Identifiable net assets acquired 49,599 (162 ) 49,437 Goodwill 47,868 162 48,030 Net Purchase Consideration $ 97,467 $ -- $ 97,467 Goodwill recorded from the acquisition of Atlas is attributable to the impact of the positive cash flow from Atlas in addition to the expected synergies from the business combination. The goodwill resulting from the acquisition is deductible for tax purposes. The intangible assets include amounts recognized for the fair value of the trade name, customer relationships, and technology-related assets. The fair value of the intangible assets was determined based upon a combination of the market and income (discounted cash flow) approach. The following table present the details of the identified intangible assets acquired at the date of acquisition (in thousands): Estimated Estimate Useful Fair Value Life (Years) Tradename $ 2,198 20 Technology asset 4,838 10 Customer relationship 27,283 15 Total $ 34,319 The fair market value write-up of the inventory totaled $228,000, $526,000. $1.48 2017 Atlas’s post-acquisition results of operations for the period from February 21, 2017 June 30, 2017 February 21, 2017 June 30, 2017 $17.8 $1.8 Pro Forma Impact of the Acquisition of Atlas Lighting Products, Inc. (unaudited) The following table represents pro forma results of operations and gives effect to the acquisition of Atlas as if the transaction had occurred on July 1, 2015. not may not . (In thousands, unaudited) Twelve Months Ended June 30 2017 2016 Net Sales $ 366,541 $ 381,650 Gross Profit $ 95,038 $ 105,592 Operating Income $ 6,857 $ 18,010 The unaudited pro forma financial information for the twelve June 30, 2017 June 30, 2016 1 2 3 $6.9 $1.61

Note 18 - Summary of Quarterly

Note 18 - Summary of Quarterly Results (Unaudited)	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
Quarterly Financial Information [Text Block]	NOTE 1 8 — SUMMARY OF QUARTERLY RESULTS (UNAUDITED) Quarter Ended Fiscal (In thousands except per share data) Sept. 30 Dec. 31 March 31 June 30 Year 201 8 Net sales $ 87,466 $ 92,305 $ 78,843 $ 83,409 $ 342,023 Gross profit 23,703 25,307 19,918 20,306 89,234 Net income (15,629 ) (1,468 ) 220 (2,664 ) (19,541 ) Earnings per share Basic $ (0.61 ) $ (0.06 ) $ (0.01 ) $ (0.10 ) $ (0.76 ) Diluted $ (0.61 ) $ (0.06 ) $ (0.01 ) $ (0.10 ) $ (0.76 ) Range of share prices High $ 9.27 $ 7.49 $ 8.88 $ 8.11 $ 9.27 Low $ 4.99 $ 6.07 $ 6.70 $ 4.91 $ 4.91 201 7 Net sales $ 84,159 $ 85,658 $ 78,156 $ 83,419 $ 331,392 Gross profit 20,835 21,407 18,399 21,236 81,877 Net income 829 2,006 (531 ) 696 3,000 Earnings per share Basic $ 0.03 $ 0.08 $ (0.02 ) $ 0.03 $ 0.12 Diluted $ 0.03 $ 0.08 $ (0.02 ) $ 0.03 $ 0.12 Range of share prices High $ 11.64 $ 11.23 $ 10.68 $ 10.21 $ 11.64 Low $ 9.41 $ 8.12 $ 8.31 $ 8.26 $ 8.12 201 6 Net sales $ 85,925 $ 84,687 $ 70,740 $ 80,844 $ 322,196 Gross profit 23,349 23,926 16,549 19,847 83,671 Net income (loss) 3,750 3,782 522 1,428 9,482 Earnings (loss) per share Basic $ 0.15 $ 0.15 $ 0.02 $ 0.06 $ 0.38 Diluted $ 0.15 $ 0.15 $ 0.02 $ 0.06 $ 0.37 (a) Range of share prices High $ 10.48 $ 12.80 $ 12.22 $ 13.45 $ 13.45 Low $ 8.33 $ 7.89 $ 9.85 $ 10.29 $ 7.89 (a) The total of the earnings per share for each of the four not At August 30, 2018, 654 3,000 The following data has been selected from the Consolidated Financial Statements of the Company for the periods and dates indicated: Statement of Operations Data: 20 1 8 2017 2016 2015 2014 Net sales $ 342,023 $ 331,392 $ 322,196 $ 307,857 $ 299,463 Cost of products and services sold 252,789 248,012 238,525 233,408 234,165 Restructuring costs (in cost of sales) — 1,503 — — — Loss on sale of a subsidiary — — — 565 — (Gain) loss on sale of a building — — — (343 ) — Acquisition deal costs — 1,608 — — — Transition and Realignment Costs 3,136 — — — — Restructuring costs (in SG&A) — (1,091 ) — — — Selling and administrative expenses 79,750 77,272 69,715 66,694 62,175 Goodwill and intangible asset impairment 28,000 479 — — 805 Operating income (21,652 ) 3,609 13,956 7,533 2,318 Interest (income) (39 ) (91 ) (84 ) (26 ) (17 ) Interest expense 1,719 620 36 45 68 (Loss) income before income taxes (23,332 ) 3,080 14,004 7,514 2,267 Income taxes (3,791 ) 80 4,522 2,363 1,337 Net income (loss) $ (19,541 ) $ 3,000 $ 9,482 $ 5,151 $ 930 Earnings (loss) per common share Basic $ (0.76 ) $ 0.12 $ 0.38 $ 0.21 $ 0.04 Diluted $ (0.76 ) $ 0.12 $ 0.37 $ 0.21 $ 0.04 Cash dividends paid per share $ 0.20 $ 0.20 $ 0.17 $ 0.12 $ 0.24 Weighted average common shares Basic 25,866 25,436 24,988 24,496 24,388 Diluted 25,866 25,988 25,592 24,638 24,546 Balance Sheet Data: (At June 30) 2018 2017 2016 2015 2014 Working capital $ 67,882 $ 61,704 $ 88,510 $ 80,813 $ 74,349 Total assets 229,517 256,680 195,560 180,690 168,688 Long-term debt 45,360 49,698 — — — Shareholders’ equity 139,251 160,078 155,520 142,952 138,412

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2018
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	LSI I NDUSTRIES INC. AND SUBSIDIARIES SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS JUNE 30, 201 8 , 20 1 7 , AND 20 1 6 (In Thousands) COLUMN A COLUMN B COLUMN C COLUMN D COLUMN E COLUMN F Additions Additions Balance Charged to (Deductions) Balance Beginning Costs and From Company (a) End of Description of Period Expenses Acquired (Sold) Deductions Period Allowance for Doubtful Accounts: Year Ended June 30, 2018 $ 506 $ 214 $ — $ (311 ) $ 409 Year Ended June 30, 2017 $ 226 $ 339 $ 10 $ (69 ) $ 506 Year Ended June 30, 2016 $ 317 $ 55 $ — $ (146 ) $ 226 Inventory Obsolescence Reserve: Year Ended June 30, 2018 $ 2,815 $ 2,605 $ — $ (1,788 ) $ 3,632 Year Ended June 30, 2017 $ 2,394 $ 1,495 $ 600 $ (1,674 ) $ 2,815 Year Ended June 30, 2016 $ 2,197 $ 1,726 $ — $ (1,529 ) $ 2,394 Deferred Tax Asset Valuation Reserve: Year Ended June 30, 2018 $ 5,556 $ — $ 183 $ (990 ) $ 4,749 Year Ended June 30, 2017 $ 6,150 $ — $ (569 ) $ (25 ) $ 5,556 Year Ended June 30, 2016 $ 6,161 $ — $ — $ (11 ) $ 6,150 (a) For Allowance for Doubtful Accounts, deductions are uncollectible accounts charged off, less recoveries.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Consolidation: The 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. 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 five Product revenue is recognized on product-only orders upon passing of title and risk of loss, generally 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. Product revenue related to orders where the customer requires the Company to install the product is recognized when the product is installed. The Company provides product warranties and certain post-shipment service, support and maintenance of certain solid state LED video screens. Installation revenue is recognized when the products have been fully installed. The Company is not no Service revenue from integrated design, project and construction management, and site permitting is recognized when all products at a customer site have been installed. Revenue from the management of media content and digital hardware related to active digital signage is recognized evenly over the service period with the customer. Media content service periods with most customers range from one one Shipping and handling revenue coincides with the recognition of revenue from sale of the product. 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 The Company also evaluates the appropriateness of revenue recognition in accordance with the accounting standards on software revenue recognition. Our solid-state LED video screens and active digital signage contain software elements which the Company has determined are incidental.
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 first The following table presents the Company’s net accounts receivable at the dates indicated. (In thousands) June 30, June 30, 2018 2017 Accounts receivable $ 51,018 $ 49,386 Less: Allowance for doubtful accounts (409 ) (506 ) Accounts receivable, net $ 50,609 $ 48,880
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 $250,000. June 30, 2018 June 30, 2017, $4,507,000 $4,488,000,
Inventory, Policy [Policy Text Block]	Inventories and Inventory Reserves: Inventories are stated at the lower of cost or net realizable value. 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 on material content. Cost is determined on the first first The Company maintains an inventory reserve for obsolete and excess inventory. The Company first
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 (in years) 28 - 40 Machinery and equipment (in years) 3 - 10 Computer software (in 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. Leasehold improvements are depreciated over the shorter of fifteen The Company recorded $7,462,000, $7,005,000 $6,171,000 June 30, 2018, 2017 2016,
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and 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 seven twenty 6.
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, accounts receivable, accounts payable, and 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 Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in goodwill and other intangible asset impairment analyses, long-lived asset impairment analyses, in the purchase price of acquired companies, and in the valuation of the contingent earn-out. The accounting guidance on fair value measurement was used to measure the fair value of these nonfinancial assets and nonfinancial liabilities.
Standard Product Warranty, Policy [Policy Text Block]	Product Warranties: The Company offers a limited warranty that its products are free from defects in workmanship and materials. The specific terms and conditions vary somewhat by product line, but generally cover defective products returned within one five 10 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) June 30, 2018 June 30, 2017 Balance at beginning of the period $ 7,560 $ 5,069 Additions charged to expense 5,181 4,956 Addition from acquired company — 907 Deductions for repairs and replacements (5,865 ) (3,372 ) Balance at end of the period $ 6,876 $ 7,560
Pension and Other Postretirement Plans, Policy [Policy Text Block]	Employee Benefit Plans: In fiscal 2017, 2018, 401k 401k 401k $1,195,214 2018, $2,373,000 2017, $2,327,000 2016.
Research, Development, and Computer Software, Policy [Policy Text Block]	Research and Development Costs: Research and development costs are 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, outside legal costs and filing fees related to obtaining patents, supplies, depreciation and other administrative costs. The Company 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 $5,952,000, $5,700,000 $5,549,000 June 30, 2018, 2017 2016,
Cost of Sales, Policy [Policy Text Block]	Cost of Products and Services Sold: Cost of products sold is primarily comprised of direct materials and supplies consumed in the manufacture of products, as well as manufacturing labor, depreciation expense and direct overhead expense necessary to acquire and convert the purchased materials and supplies into finished product. Cost of products sold also includes the cost to distribute products to customers, inbound freight costs, internal transfer costs, warehousing costs and other shipping and handling activity. Cost of services sold is primarily comprised of the internal and external labor costs required to support the Company’s service revenue along with the management of media content.
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 nonqualified 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, restricted stock units, stock warrants, contingently issuable shares and common shares to be issued under a deferred compensation plan, all of which totaled 720,000 2018; 844,000 2017; 872,000 2016. 3.
Income Tax, Policy [Policy Text Block]	Income Taxes: The Company accounts for income taxes in accordance with the accounting guidance for income taxes. Accordingly, deferred income taxes are provided on items that are reported as either income or expense in different time periods for financial reporting purposes than they are for income tax purposes. Deferred income tax assets are reported on the Company’s balance sheet. Significant management judgment is required in developing the Company’s income tax provision, including the estimation of taxable income and the effective income tax rates in the multiple taxing jurisdictions in which the Company operates, the estimation of the liability for uncertain income tax positions, the determination of deferred tax assets and liabilities, and any valuation allowances that might be required against deferred tax assets. The Tax Cuts and Jobs Act (the “Act”) was signed into law on December 22nd, 2017 21% January 1, 2018. 27.6% 2018, 21% June 30, 2018, one $3,323,000.
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements: In June 2014, 2014 09, April 2016, 2016 10, May 2016, 2016 12, December 2016, 2016 20, 606, three 2014 09 December 15, 2017, 2019. The Company has adopted the standard as of July 1, 2018 $0.6 $1.0 2018 July 1, 2018, 2014 09 In November 2015, 2015 17, April 1, 2017. may June 30, 2016. not In February 2016, 2016 02, December 15, 2018, 2020, not
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income: The Company does not
Subsequent Events, Policy [Policy Text Block]	Subsequent Events: The Company has evaluated subsequent events for potential recognition and disclosure through the date the consolidated financial statements were filed. No
Reclassification, Policy [Policy Text Block]	Reclassifications: Certain prior year amounts have been reclassified to conform to the current year presentation within the cash flows from operating activities section and cash flows from financing activities section of the statement of cash flows. Additionally, certain prior year amounts have been reclassified to conform to the current year presentation within the statement of shareholders’ equity. These reclassifications have no
Use of Estimates, Policy [Policy Text Block]	Use of Estimates: The preparation of 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 consolidated financial statements and accompanying notes. Actual results could differ from those estimates.

Note 1 - Summary of Significa28

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(In thousands) June 30, June 30, 2018 2017 Accounts receivable $ 51,018 $ 49,386 Less: Allowance for doubtful accounts (409 ) (506 ) Accounts receivable, net $ 50,609 $ 48,880
Property, Plant and Equipment [Table Text Block]	Buildings (in years) 28 - 40 Machinery and equipment (in years) 3 - 10 Computer software (in years) 3 - 8
Schedule of Product Warranty Liability [Table Text Block]	(In thousands) June 30, 2018 June 30, 2017 Balance at beginning of the period $ 7,560 $ 5,069 Additions charged to expense 5,181 4,956 Addition from acquired company — 907 Deductions for repairs and replacements (5,865 ) (3,372 ) Balance at end of the period $ 6,876 $ 7,560

Note 2 - Business Segment Inf29

Note 2 - Business Segment Information (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(In thousands) 201 8 2017 2016 Net Sales: Lighting Segment $ 260,613 $ 258,997 $ 244,228 Graphics Segment 81,410 72,395 77,968 Total Net Sales 342,023 $ 331,392 $ 322,196 Operating Income (Loss): Lighting Segment $ (12,795 ) $ 14,116 $ 19,301 Graphics Segment 5,618 2,439 5,246 Corporate and Eliminations (14,475 ) (12,946 ) (10,591 ) Total Operating (Loss) Income $ (21,652 ) $ 3,609 $ 13,956 Capital Expenditures: Lighting Segment $ 2,203 $ 4,249 $ 6,107 Graphics Segment 1,038 1,748 3,688 Corporate and Eliminations 165 636 416 Total Capital Expenditures $ 3,406 $ 6,633 $ 10,211 Depreciation and Amortization: Lighting Segment $ 7,573 $ 5,649 $ 4,359 Graphics Segment 1,542 1,474 1,104 Corporate and Eliminations 1,107 1,139 1,214 Total Depreciation and Amortization $ 10,222 $ 8,262 $ 6,677
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	June 30, June 30, 201 8 2017 Identifiable Assets: Lighting Segment $ 172,799 $ 214,070 Graphics Segment 39,881 33,144 Corporate and Eliminations 16,837 9,466 Total Identifiable Assets $ 229,517 $ 256,680
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	(In thousands) 201 8 2017 2016 Lighting Segment intersegment net sales $ 2,672 $ 2499 $ 2771 Graphics Segment intersegment net sales $ 1,276 $ 1,135 $ 1,760

Note 3 - Earnings Per Common 30

Note 3 - Earnings Per Common Share (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	(In thousands, except per share data) 201 8 2017 2016 BASIC EARNINGS (LOSS) PER SHARE Net (loss) income $ (19,541 ) $ 3,000 $ 9,482 Weighted average shares outstanding during the period, net of treasury shares (a) 25,569 25,144 24,720 Weighted average vested restricted stock units outstanding 55 37 24 Weighted average shares outstanding in the Deferred Compensation Plan 242 255 244 Weighted average shares outstanding 25,866 25,436 24,988 Basic (loss) earnings per share $ (0.76 ) $ 0.12 $ 0.38 DILUTED EARNINGS (LOSS) PER SHARE Net (loss) income $ (19,541 ) $ 3,000 $ 9,482 Weighted average shares outstanding - Basic 25,866 25,436 24,988 Effect of dilutive securities (b): Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any — 552 604 Weighted average shares outstanding (c) 25,866 25,988 25,592 Diluted (loss) earnings per share $ (0.76 ) $ 0.12 $ 0.37

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, June 30, (In thousands) 201 8 2017 Inventories: Raw materials $ 31,795 $ 32,421 Work-in-process 3,833 3,527 Finished goods 15,366 14,060 Total Inventories $ 50,994 $ 50,008

Note 5 - Accrued Expenses (Tabl

Note 5 - Accrued Expenses (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, June 30, (In thousands) 201 8 2017 Accrued Expenses: Compensation and benefits $ 9,394 $ 9,759 Customer prepayments 1,070 1,061 Accrued sales commissions 2,274 2,314 Accrued warranty 6,876 7,560 Other accrued expenses 4,658 5,375 Total Accrued Expenses $ 24,272 $ 26,069

Note 6 - Goodwill and Other I33

Note 6 - Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Goodwill [Table Text Block]	Goodwill (In thousands) Lighting Graphics Segment Segment Total Balance as of June 30, 2017 Goodwill $ 94,564 $ 28,690 $ 123,254 Accumulated impairment losses (37,191 ) (27,525 ) (64,716 ) Goodwill, net as of June 30, 2017 $ 57,373 $ 1,165 $ 58,538 Goodwill impairment $ (28,000 ) $ -- $ (28,000 ) Balance as of June 30, 2018 Goodwill $ 94,564 $ 28,690 $ 123,254 Accumulated impairment losses (65,191 ) (27,525 ) (92,716 ) Goodwill, net as of June 30, 2018 $ 29,373 $ 1,165 $ 30,538
Schedule of Intangible Assets and Goodwill [Table Text Block]	June 30, 2018 Other Intangible Assets Gross (In thousands) Carrying Accumulated Net Amount Amortization Amount Amortized Intangible Assets Customer relationships $ 35,563 $ 10,011 $ 25,552 Patents 338 217 121 LED technology firmware, software 16,066 11,801 4,265 Trade name 2,658 609 2,049 Non-compete agreements 710 710 - Total Amortized Intangible Assets 55,335 23,348 31,987 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 $ 58,757 $ 23,348 $ 35,409 June 30, 2017 Other Intangible Assets Gross (In thousands) Carrying Accumulated Net Amount Amortization Amount Amortized Intangible Assets Customer relationships $ 35,563 $ 7,956 $ 27,607 Patents 338 186 152 LED technology firmware, software 16,066 11,237 4,829 Trade name 2,658 499 2,159 Non-compete agreements 710 710 Total Amortized Intangible Assets 55,335 20,588 34,747 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 $ 58,757 $ 20,588 $ 38,169
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	Amortization Expense of Other Intangible Assets (In thousands) 2018 2017 2016 Amortization Expense $ 2,760 $ 1,257 $ 506
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(In thousands) 2019 $ 2,760 2020 $ 2,687 2021 $ 2,682 2022 $ 2,460 2023 $ 2,411 After 2023 $ 18,987

Note 9 - Equity Compensation (T

Note 9 - Equity Compensation (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Stock Warrants, Valuation Assumptions [Table Text Block]	February 21, 2017 Dividend yield 2.01 % Expected volatility 39 % Risk-free interest rate 1.80 % Expected life (in years) 4.5
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2018 2017 2016 Dividend yield 3.3 % 1.9 % 1.3 % Expected volatility 41 % 42 % 44 % Risk-free interest rate 1.8 % 1.3 % 1.7 % Expected life (in years) 6.0 6.0 6.0
Share-based Compensation, Stock Options, Activity [Table Text Block]	Twelve Months Ended June 30, 2018 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/17 3,119,688 $ 9.12 7.4 $ 2,332,324 Granted 794,537 $ 5.98 Exercised (42,939 ) $ 6.66 Forfeited (467,609 ) $ 9.11 Expired (105,000 ) $ 19.62 Outstanding at 6/30/18 3,298,677 $ 8.06 7.0 $ 8,037 Exercisable at 6/30/18 1,824,552 $ 8.22 5.8 $ 39,011 Twelve Months Ended June 30, 2017 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/16 2,976,490 $ 8.97 6.6 $ 8,338,974 Granted 1,332,623 $ 10.59 Exercised (486,446 ) $ 7.37 Forfeited (702,979 ) $ 12.46 Outstanding at 6/30/17 3,119,688 $ 9.12 7.4 $ 2,332,324 Exercisable at 6/30/17 1,277,561 $ 8.75 5.0 $ 1,592,653 Twelve Months Ended June 30, 2016 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Term Intrinsic Shares Price (in years) Value Outstanding at 6/30/15 2,677,436 $ 8.85 6.1 $ 4,914,601 Granted 1,026,800 $ 9.39 Exercised (561,946 ) $ 7.34 Forfeited (165,800 ) $ 15.15 Outstanding at 6/30/16 2,976,490 $ 8.97 6.6 $ 8,338,974 Exercisable at 6/30/16 1,312,985 $ 9.75 4.0 $ 3,819,127
Schedule of Nonvested Share Activity [Table Text Block]	Weighted-Average Grant Date Shares Fair Value Unvested at June 30, 2017 1,842,127 $ 3.52 Granted 794,537 $ 1.73 Vested (942,905 ) $ 3.39 Forfeited (219,634 ) $ 3.43 Unvested at June 30, 2018 1,474,125 $ 2.65
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Weighted-Average Grant Date Shares Fair Value Unvested at June 30, 2017 133,335 $ 10.38 Awarded 91,490 $ 5.92 Vested (43,803 ) $ 10.32 Forfeited (11,625 ) $ 9.82 Unvested at June 30, 2018 169,397 $ 8.03

Note 10 - Leases and Purchase35

Note 10 - Leases and Purchase Commitments (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	2019 2020 2021 2022 2023 2024 & Beyond $ 1,902,516 $ 1,864,873 $ 1,891,698 $ 1,893,083 $ 1,895,930 $ 2,941,434

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	(In thousands) 2018 2017 2016 Components of income before income taxes: United States $ (23,332 ) $ 3,080 $ 14,004 Foreign — — — Income before income taxes $ (23,332 ) $ 3,080 $ 14,004 Provision for income taxes: Current U.S. federal $ 922 $ 800 $ 5,056 State and local 35 59 582 Total current 957 859 5,638 Deferred (4,748 ) (779 ) (1,116 ) Total provision for income taxes $ (3,791 ) $ 80 $ 4,522
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(In thousands) 2018 2017 2016 Reconciliation to federal statutory rate: Federal statutory tax rate 27.6 % 34.0 % 35.0 % State and local taxes, net of federal benefit 1.1 2.4 2.2 Federal and state tax credits 0.9 (5.3 ) (2.6 ) Valuation allowance 3.5 (18.9 ) — Domestic production activities deduction 0.6 (4.1 ) (4.2 ) Uncertain tax position activity 0.4 (5.5 ) (0.6 ) Shared based compensation (1.3 ) 0.0 2.5 Tax rate changes (14.2 ) — — Other (2.3 ) — — Effective tax rate 16.3 % 2.6 % 32.3 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(In thousands) 2018 2017 Uncertain tax positions $ 119 $ 281 Reserves against current assets 1,348 584 Accrued expenses 2,028 3,357 Deferred compensation 402 925 Stock-based compensation 1,296 1,824 State net operating loss carryover and credits 2,194 1,853 Long term capital loss carryforward 2,555 3,703 Goodwill, acquisition costs and intangible assets 4,728 (502 ) U.S. Federal net operating loss carryover and credits 232 406 Deferred income tax asset before valuation allowance 14,902 12,431 Valuation allowance (4,749 ) (5,556 ) Deferred income tax asset 10,153 6,875 Depreciation (2,045 ) (3,515 ) Deferred income tax liability (2,045 ) (3,515 ) Net deferred income tax asset $ 8,108 $ 3,360
Summary of Income Tax Contingencies [Table Text Block]	(in thousands) 2018 2017 2016 Balance at beginning of the fiscal year $ 842 $ 648 $ 687 Decreases — tax positions in prior period (185 ) (170 ) (161 ) Increases — tax positions in current period 41 50 122 Increases – tax positions in prior period 42 314 — Settlements and payments (4 ) — — Lapse of statute of limitations — — — Balance at end of the fiscal year $ 736 $ 842 $ 648

Note 12 - Supplemental Cash F37

Note 12 - Supplemental Cash Flow Information (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	(In thousands) 201 8 2017 2016 Cash payments for: Interest $ 1,582 $ 529 $ 50 Income taxes $ 1,854 $ 2,618 $ 5,079 Non-cash investing and financing activities Issuance of common shares as compensation $ 319 $ 409 $ 248 Issuance of stock warrants — 575 — Issuance of common shares to fund deferred compensation plan $ 429 $ — $ —

Note 14 - Severance Costs (Tabl

Note 14 - Severance Costs (Tables)	12 Months Ended
	Jun. 30, 2018
Employee Severance [Member]
Notes Tables
Schedule of Accrued Severance Liability [Table Text Block]	Fiscal Fiscal Year Ended Year Ended (In thousands) June 30, June 30, 2018 2017 Balance at beginning of the period $ 235 $ 39 Accrual of expense 1,900 523 Payments (363 ) (313 ) Adjustments — (14 ) Balance at end of the period $ 1,772 $ 235

Note 15 - Restructuring Costs (

Note 15 - Restructuring Costs (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Restructuring and Related Costs [Table Text Block]	Total Fiscal 2017 (In thousands) Restructuring Costs Severance and other termination benefits $ 811 Lease obligation 213 Impairment of fixed assets and accelerated depreciation 354 Gain on sale of facility (1,361 ) Other 395 Total $ 412
Restructuring and Related Costs, Summary of Costs Incurred by Line Item in the Statement of Operations [Table Text Block]	Total Total Fiscal 2018 Fiscal 2017 (In thousands) Restructuring Restructuring Costs Costs Cost of Goods Sold $ -- $ 1,503 Operating Expenses -- (1,091 ) Total $ -- $ 412
Restructuring Costs and Related Costs Incurred by Segment [Table Text Block]	Total Total Fiscal 2018 Fiscal 2017 (In thousands) Restructuring Restructuring Expenses Expenses Lighting Segment $ -- $ (165 ) Graphics Segment -- 452 Corporate and Eliminations -- 125 Total $ -- $ 412
Schedule of Liability Balances Related to Restructuring Costs [Table Text Block]	(In thousands) Balance as of June 30, 2017 Restructuring Expense Payments Adjustments Balance as of June 30, 2018 Severance and termination benefits $ -- $ -- $ -- $ -- $ -- Lease obligation 85 -- (85 ) -- -- Other -- -- -- -- -- Total $ 85 $ -- $ (85 ) $ $ --

Note 16 - Related Party Trans40

Note 16 - Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	(In thousands) 201 8 2017 2016 Keating Muething & Klekamp PLL $ 161 $ 526 $ 207 American Engineering and Metal Working $ — $ — $ 522 Cost of Freedom, Inc $ 25 $ — $ — Atlas Melbane Street Properties, LLC $ — $ 314 $ —
Schedule of Related Party Debt [Table Text Block]	(In thousands) June 30, June 30, 2018 2017 Keating Muething & Klekamp PLL $ — $ 28
Schedule of Related Party Revenue [Table Text Block]	(In thousands) 2018 2017 2016 Wesco International $ 3,200 $ 2,121 $ 2,450 American Engineering and Metal Working $ — $ — $ 27
Schedule of Related Party Assets [Table Text Block]	(In thousands) June 30, June 30, 201 8 2017 Wesco International $ 16 $ —

Note 17 - Acquisition (Tables)

Note 17 - Acquisition (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	(amounts in thousands) February 21, 2017 (Initially Reported) Measurement Period Adjustments February 21, 2017 (As Adjusted) Cash and Cash Equivalents $ 1,815 $ $ 1,815 Accounts Receivable 7,202 7,202 Inventories 8,490 8,490 Property, Plant, and Equipment 3,631 (85 ) 3,546 Other Assets 248 248 Intangible Assets 34,319 34,319 Liabilities Assumed (6,106 ) (77 ) (6,183 ) Identifiable net assets acquired 49,599 (162 ) 49,437 Goodwill 47,868 162 48,030 Net Purchase Consideration $ 97,467 $ -- $ 97,467
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Estimated Estimate Useful Fair Value Life (Years) Tradename $ 2,198 20 Technology asset 4,838 10 Customer relationship 27,283 15 Total $ 34,319
Business Acquisition, Pro Forma Information [Table Text Block]	(In thousands, unaudited) Twelve Months Ended June 30 2017 2016 Net Sales $ 366,541 $ 381,650 Gross Profit $ 95,038 $ 105,592 Operating Income $ 6,857 $ 18,010

Note 18 - Summary of Quarterl42

Note 18 - Summary of Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Quarterly Financial Information [Table Text Block]	Quarter Ended Fiscal (In thousands except per share data) Sept. 30 Dec. 31 March 31 June 30 Year 201 8 Net sales $ 87,466 $ 92,305 $ 78,843 $ 83,409 $ 342,023 Gross profit 23,703 25,307 19,918 20,306 89,234 Net income (15,629 ) (1,468 ) 220 (2,664 ) (19,541 ) Earnings per share Basic $ (0.61 ) $ (0.06 ) $ (0.01 ) $ (0.10 ) $ (0.76 ) Diluted $ (0.61 ) $ (0.06 ) $ (0.01 ) $ (0.10 ) $ (0.76 ) Range of share prices High $ 9.27 $ 7.49 $ 8.88 $ 8.11 $ 9.27 Low $ 4.99 $ 6.07 $ 6.70 $ 4.91 $ 4.91 201 7 Net sales $ 84,159 $ 85,658 $ 78,156 $ 83,419 $ 331,392 Gross profit 20,835 21,407 18,399 21,236 81,877 Net income 829 2,006 (531 ) 696 3,000 Earnings per share Basic $ 0.03 $ 0.08 $ (0.02 ) $ 0.03 $ 0.12 Diluted $ 0.03 $ 0.08 $ (0.02 ) $ 0.03 $ 0.12 Range of share prices High $ 11.64 $ 11.23 $ 10.68 $ 10.21 $ 11.64 Low $ 9.41 $ 8.12 $ 8.31 $ 8.26 $ 8.12 201 6 Net sales $ 85,925 $ 84,687 $ 70,740 $ 80,844 $ 322,196 Gross profit 23,349 23,926 16,549 19,847 83,671 Net income (loss) 3,750 3,782 522 1,428 9,482 Earnings (loss) per share Basic $ 0.15 $ 0.15 $ 0.02 $ 0.06 $ 0.38 Diluted $ 0.15 $ 0.15 $ 0.02 $ 0.06 $ 0.37 (a) Range of share prices High $ 10.48 $ 12.80 $ 12.22 $ 13.45 $ 13.45 Low $ 8.33 $ 7.89 $ 9.85 $ 10.29 $ 7.89
Condensed Income Statement [Table Text Block]	20 1 8 2017 2016 2015 2014 Net sales $ 342,023 $ 331,392 $ 322,196 $ 307,857 $ 299,463 Cost of products and services sold 252,789 248,012 238,525 233,408 234,165 Restructuring costs (in cost of sales) — 1,503 — — — Loss on sale of a subsidiary — — — 565 — (Gain) loss on sale of a building — — — (343 ) — Acquisition deal costs — 1,608 — — — Transition and Realignment Costs 3,136 — — — — Restructuring costs (in SG&A) — (1,091 ) — — — Selling and administrative expenses 79,750 77,272 69,715 66,694 62,175 Goodwill and intangible asset impairment 28,000 479 — — 805 Operating income (21,652 ) 3,609 13,956 7,533 2,318 Interest (income) (39 ) (91 ) (84 ) (26 ) (17 ) Interest expense 1,719 620 36 45 68 (Loss) income before income taxes (23,332 ) 3,080 14,004 7,514 2,267 Income taxes (3,791 ) 80 4,522 2,363 1,337 Net income (loss) $ (19,541 ) $ 3,000 $ 9,482 $ 5,151 $ 930 Earnings (loss) per common share Basic $ (0.76 ) $ 0.12 $ 0.38 $ 0.21 $ 0.04 Diluted $ (0.76 ) $ 0.12 $ 0.37 $ 0.21 $ 0.04 Cash dividends paid per share $ 0.20 $ 0.20 $ 0.17 $ 0.12 $ 0.24 Weighted average common shares Basic 25,866 25,436 24,988 24,496 24,388 Diluted 25,866 25,988 25,592 24,638 24,546 Balance Sheet Data: (At June 30) 2018 2017 2016 2015 2014 Working capital $ 67,882 $ 61,704 $ 88,510 $ 80,813 $ 74,349 Total assets 229,517 256,680 195,560 180,690 168,688 Long-term debt 45,360 49,698 — — — Shareholders’ equity 139,251 160,078 155,520 142,952 138,412

Schedule II - Valuation and Q43

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Jun. 30, 2018
Notes Tables
Summary of Valuation Allowance [Table Text Block]	COLUMN A COLUMN B COLUMN C COLUMN D COLUMN E COLUMN F Additions Additions Balance Charged to (Deductions) Balance Beginning Costs and From Company (a) End of Description of Period Expenses Acquired (Sold) Deductions Period Allowance for Doubtful Accounts: Year Ended June 30, 2018 $ 506 $ 214 $ — $ (311 ) $ 409 Year Ended June 30, 2017 $ 226 $ 339 $ 10 $ (69 ) $ 506 Year Ended June 30, 2016 $ 317 $ 55 $ — $ (146 ) $ 226 Inventory Obsolescence Reserve: Year Ended June 30, 2018 $ 2,815 $ 2,605 $ — $ (1,788 ) $ 3,632 Year Ended June 30, 2017 $ 2,394 $ 1,495 $ 600 $ (1,674 ) $ 2,815 Year Ended June 30, 2016 $ 2,197 $ 1,726 $ — $ (1,529 ) $ 2,394 Deferred Tax Asset Valuation Reserve: Year Ended June 30, 2018 $ 5,556 $ — $ 183 $ (990 ) $ 4,749 Year Ended June 30, 2017 $ 6,150 $ — $ (569 ) $ (25 ) $ 5,556 Year Ended June 30, 2016 $ 6,161 $ — $ — $ (11 ) $ 6,150

Note 1 - Summary of Significa44

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jul. 01, 2018
Cash, FDIC Insured Amount	$ 250,000
Cash, Uninsured Amount	4,507,000	$ 4,488,000
Depreciation, Total	7,462,000	7,005,000	$ 6,171,000
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	$ 0
Standard Warranty Extended Term for Exceptions	10 years
Defined Contribution Plan, Cost	$ 1,195,214	2,373,000	2,327,000
Research and Development Expense, Total	$ 5,952,000	$ 5,700,000	$ 5,549,000
Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares	720,000	844,000	872,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	27.60%	34.00%	35.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 3,322,991
Retained Earnings (Accumulated Deficit), Ending Balance	$ 15,124,000	$ 39,819,000
Minimum [Member]
Media Content Service Period	30 days
Finite-Lived Intangible Asset, Useful Life	7 years
Standard Warranty Term	1 year
Minimum [Member] | Accounting Standards Update 2014-09 [Member] | Subsequent Event [Member]
Retained Earnings (Accumulated Deficit), Ending Balance				$ 600,000
Maximum [Member]
Media Content Service Period	1 year
Finite-Lived Intangible Asset, Useful Life	20 years
Standard Warranty Term	5 years
Maximum [Member] | Accounting Standards Update 2014-09 [Member] | Subsequent Event [Member]
Retained Earnings (Accumulated Deficit), Ending Balance				$ 1,000,000
Maximum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment, Useful Life	15 years

Note 1 - Summary of Significa45

Note 1 - Summary of Significant Accounting Policies - Net Accounts Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Accounts receivable	$ 51,018	$ 49,386
Less: Allowance for doubtful accounts	(409)	(506)
Accounts receivable, net	$ 50,609	$ 48,880

Note 1 - Summary of Significa46

Note 1 - Summary of Significant Accounting Policies - Estimated Useful Lives of Long-lived Assets (Details)	12 Months Ended
	Jun. 30, 2018
Building [Member]
Property, plant, and equipment (Year)
Building [Member] | Minimum [Member]
Property, plant, and equipment (Year)	28 years
Building [Member] | Maximum [Member]
Property, plant, and equipment (Year)	40 years
Machinery and Equipment [Member]
Property, plant, and equipment (Year)
Machinery and Equipment [Member] | Minimum [Member]
Property, plant, and equipment (Year)	3 years
Machinery and Equipment [Member] | Maximum [Member]
Property, plant, and equipment (Year)	10 years
Software and Software Development Costs [Member]
Property, plant, and equipment (Year)
Software and Software Development Costs [Member] | Minimum [Member]
Property, plant, and equipment (Year)	3 years
Software and Software Development Costs [Member] | Maximum [Member]
Property, plant, and equipment (Year)	8 years

Note 1 - Summary of Significa47

Note 1 - Summary of Significant Accounting Policies - Warranty Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Balance at beginning of the period	$ 7,560	$ 5,069
Additions charged to expense	5,181	4,956
Addition from acquired company		907
Deductions for repairs and replacements	(5,865)	(3,372)
Balance at end of the period	$ 6,876	$ 7,560

Note 2 - Business Segment Inf48

Note 2 - Business Segment Information (Details Textual)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Number of Operating Segments	2
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	0.00%	0.00%	0.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage		0.00%	0.00%

Note 2 - Business Segment Inf49

Note 2 - Business Segment Information - Summarized Financial Information by Reportable Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Net sales	$ 83,409	$ 78,843	$ 92,305	$ 87,466	$ 83,419	$ 78,156	$ 85,658	$ 84,159	$ 80,844	$ 70,740	$ 84,687	$ 85,925	$ 342,023	$ 331,392	$ 322,196	$ 307,857	$ 299,463
Operating income (loss)													(21,652)	3,609	13,956	$ 7,533	$ 2,318
Capital expenditures													3,406	6,633	10,211
Depreciation and amortization													10,222	8,262	6,677
Corporate and Eliminations [Member]
Operating income (loss)													(14,475)	(12,946)	(10,591)
Capital expenditures													165	636	416
Depreciation and amortization													1,107	1,139	1,214
Lighting Segment [Member]
Net sales													260,613	258,997	244,228
Lighting Segment [Member] | Operating Segments [Member]
Operating income (loss)													(12,795)	14,116	19,301
Capital expenditures													2,203	4,249	6,107
Depreciation and amortization													7,573	5,649	4,359
Graphics Segment [Member]
Net sales													81,410	72,395	77,968
Graphics Segment [Member] | Operating Segments [Member]
Operating income (loss)													5,618	2,439	5,246
Capital expenditures													1,038	1,748	3,688
Depreciation and amortization													$ 1,542	$ 1,474	$ 1,104

Note 2 - Business Segment Inf50

Note 2 - Business Segment Information - Identifiable Assets by Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Identifiable Assets:
Identifiable assets	$ 229,517	$ 256,680	$ 195,560	$ 180,690	$ 168,688
Corporate and Eliminations [Member]
Identifiable Assets:
Identifiable assets	16,837	9,466
Lighting Segment [Member] | Operating Segments [Member]
Identifiable Assets:
Identifiable assets	172,799	214,070
Graphics Segment [Member] | Operating Segments [Member]
Identifiable Assets:
Identifiable assets	$ 39,881	$ 33,144

Note 2 - Business Segment Inf51

Note 2 - Business Segment Information - Intersegment Revenues (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Inter-segment Revenues	$ 83,409	$ 78,843	$ 92,305	$ 87,466	$ 83,419	$ 78,156	$ 85,658	$ 84,159	$ 80,844	$ 70,740	$ 84,687	$ 85,925	$ 342,023	$ 331,392	$ 322,196	$ 307,857	$ 299,463
Lighting Segment [Member]
Inter-segment Revenues													260,613	258,997	244,228
Graphics Segment [Member]
Inter-segment Revenues													81,410	72,395	77,968
Intersegment Eliminations [Member] | Lighting Segment [Member]
Inter-segment Revenues													2,672	2,499	2,771
Intersegment Eliminations [Member] | Graphics Segment [Member]
Inter-segment Revenues													$ 1,276	$ 1,135	$ 1,760

Note 3 - Earnings Per Common 52

Note 3 - Earnings Per Common Share (Details Textual) - shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,802,420	1,698,883	1,331,300

Note 3 - Earnings Per Common 53

Note 3 - Earnings Per Common Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended												12 Months Ended
		Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018		Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
BASIC EARNINGS (LOSS) PER SHARE
Net income		$ (2,664)	$ 220	$ (1,468)	$ (15,629)	$ 696	$ (531)	$ 2,006	$ 829	$ 1,428	$ 522	$ 3,782	$ 3,750	$ (19,541)		$ 3,000		$ 9,482		$ 5,151	$ 930
Weighted average shares outstanding during the period, net of treasury shares (a) (in shares)	[1]													25,569		25,144		24,720
Weighted average vested units and shares outstanding (in shares)														242		255		244
Weighted average shares outstanding (in shares)														25,866		25,436		24,988		24,496	24,388
Basic (loss) earnings per share (in dollars per share)		$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)		$ 0.12		$ 0.38		$ 0.21	$ 0.04
DILUTED EARNINGS (LOSS) PER SHARE
Net income		$ (2,664)	$ 220	$ (1,468)	$ (15,629)	$ 696	$ (531)	$ 2,006	$ 829	$ 1,428	$ 522	$ 3,782	$ 3,750	$ (19,541)		$ 3,000		$ 9,482		$ 5,151	$ 930
Weighted average shares outstanding - Basic (in shares)														25,866		25,436		24,988		24,496	24,388
Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any (in shares)	[2]															552		604
Weighted average shares outstanding (c) (in shares)														25,866	[3]	25,988	[3]	25,592	[3]	24,638	24,546
Diluted (loss) earnings per share (in dollars per share)		$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)		$ 0.12		$ 0.37		$ 0.21	$ 0.04
Restricted Stock Units (RSUs) [Member]
BASIC EARNINGS (LOSS) PER SHARE
Weighted average vested units and shares outstanding (in shares)														55		37		24
[1]	Includes shares accounted for like treasury stock.
[2]	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.
[3]	Options to purchase 2,802,420 common shares, 1,698,883 common shares, and 1,331,300 common shares at June 30, 2018, 2017, and 2016, respectively, were not included in the computation of diluted earnings per share because the exercise price was greater than the average fair market value of the common shares. For the year ended June 30, 2018 the effect of dilutive securities was not included in the calculation of diluted earnings (loss) per share because there was a net operating loss for the period.

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Inventories:
Raw materials	$ 31,795	$ 32,421
Work-in-process	3,833	3,527
Finished goods	15,366	14,060
Total Inventories	$ 50,994	$ 50,008

Note 5 - Accrued Expenses - Acc

Note 5 - Accrued Expenses - Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Accrued Expenses:
Compensation and benefits	$ 9,394	$ 9,759
Customer prepayments	1,070	1,061
Accrued sales commissions	2,274	2,314
Accrued warranty	6,876	7,560	$ 5,069
Other accrued expenses	4,658	5,375
Total Accrued Expenses	$ 24,272	$ 26,069

Note 6 - Goodwill and Other I56

Note 6 - Goodwill and Other Intangible Assets (Details Textual)	Mar. 01, 2018USD ($)	Mar. 01, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	May 31, 2018USD ($)
Number of Reporting Units	3	3			3
Goodwill, Impairment Loss					$ 28,000,000	$ 479,000
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 0	$ 0
Intangible Assets, Indefinite-lived, Amount of Fair Value in Excess of Carrying Amount	$ 20,600,000	$ 15,200,000
Intangible Assets, Indefinite-lived, Percentage of Fair Value in Excess of Carrying Amount	604.00%	445.00%
Lighting Segment [Member]
Number of Reporting Units					2
Goodwill, Impairment Loss				$ 28,000,000	$ 28,000,000
Good will Impairment Testing Value Above Carrying Value	$ 21,400,000	$ 60,000,000						$ 13,700,000
Good will Impairment Testing Percent Value Above Carrying Value	15.00%	80.00%						11.00%
Graphics Segment [Member]
Number of Reporting Units					1
Goodwill, Impairment Loss
Good will Impairment Testing Value Above Carrying Value	$ 3,300,000	$ 4,200,000
Good will Impairment Testing Percent Value Above Carrying Value	319.00%	424.00%
Graphics Segment [Member] | Customer Relationships [Member]
Impairment of Intangible Assets, Finite-lived			$ 479,000
Second Lighting Segment [Member]
Good will Impairment Testing Value Above Carrying Value	$ 16,100,000	$ 23,200,000
Good will Impairment Testing Percent Value Above Carrying Value	69.00%	95.00%

Note 6 - Goodwill and Other I57

Note 6 - Goodwill and Other Intangible Assets - Goodwill (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Goodwill, net		$ 30,538,000	$ 58,538,000
Goodwill impairment		(28,000,000)	(479,000)
Lighting Segment [Member]
Goodwill		94,564,000	94,564,000
Accumulated impairment losses		(65,191,000)	(37,191,000)
Goodwill, net		29,373,000	57,373,000
Goodwill impairment	$ (28,000,000)	(28,000,000)
Graphics Segment [Member]
Goodwill		28,690,000	28,690,000
Accumulated impairment losses		(27,525,000)	(27,525,000)
Goodwill, net		1,165,000	1,165,000
Goodwill impairment
Technology Segment [Member]
Goodwill		123,254,000	123,254,000
Accumulated impairment losses		(92,716,000)	(64,716,000)
Goodwill, net		30,538,000	$ 58,538,000
Goodwill impairment		$ (28,000,000)

Note 6 - Goodwill and Other I58

Note 6 - Goodwill and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Amortized intangible assets, gross	$ 55,335	$ 55,335
Accumulated amortization	23,348	20,588
Amortized intangible assets, net	31,987	34,747
Indefinite-lived intangible assets, gross	3,422	3,422
Total other intangible assets, gross	58,757	58,757
Other Intangible Assets, net	35,409	38,169
Trademarks and Trade Names [Member]
Indefinite-lived intangible assets, gross	3,422	3,422
Customer Relationships [Member]
Amortized intangible assets, gross	35,563	35,563
Accumulated amortization	10,011	7,956
Amortized intangible assets, net	25,552	27,607
Patents [Member]
Amortized intangible assets, gross	338	338
Accumulated amortization	217	186
Amortized intangible assets, net	121	152
Technology-Based Intangible Assets [Member]
Amortized intangible assets, gross	16,066	16,066
Accumulated amortization	11,801	11,237
Amortized intangible assets, net	4,265	4,829
Trade Names [Member]
Amortized intangible assets, gross	2,658	2,658
Accumulated amortization	609	499
Amortized intangible assets, net	2,049	2,159
Noncompete Agreements [Member]
Amortized intangible assets, gross	710	710
Accumulated amortization	710	710
Amortized intangible assets, net

Note 6 - Goodwill and Other I59

Note 6 - Goodwill and Other Intangible Assets - Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Amortization Expense	$ 2,760	$ 1,257	$ 506

Note 6 - Goodwill and Other I60

Note 6 - Goodwill and Other Intangible Assets - Future Amortization Expense (Details) $ in Thousands	Jun. 30, 2018USD ($)
2,019	$ 2,760
2,020	2,687
2,021	2,682
2,022	2,460
2,023	2,411
After 2,023	$ 18,987

Note 7 - Revolving Line of Cr61

Note 7 - Revolving Line of Credit and Long-term Debt (Details Textual) - USD ($)	1 Months Ended
	Feb. 28, 2017	Jun. 30, 2018	Feb. 21, 2017
Line of Credit Facility, Maximum Borrowing Capacity			$ 100,000,000
Long-term Line of Credit, Total		$ 45,400,000
Line of Credit Facility, Remaining Borrowing Capacity		$ 54,600,000
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
UNITED STATES
Line of Credit Facility, Maximum Borrowing Capacity	$ 100,000,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.15%

Note 8 - Cash Dividends (Detail

Note 8 - Cash Dividends (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Aug. 31, 2018
Payments of Ordinary Dividends, Common Stock	$ 5,154,000	$ 5,048,000	$ 4,214,000
Dividends Accrued	$ 50,621	$ 30,067
Quarterly Indicated Per Share Dividend Rate				$ 0.05

Note 9 - Equity Compensation (D

Note 9 - Equity Compensation (Details Textual)	Feb. 21, 2017shares	Nov. 30, 2016shares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015shares	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term				7 years	7 years 146 days	6 years 219 days	6 years 36 days
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | shares			1,436,303	1,436,303
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | shares			3,298,677	3,298,677	3,119,688	2,976,490	2,677,436
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | shares			1,824,552	1,824,552	1,277,561	1,312,985
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total | $			$ 1,052,342	$ 1,052,342
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				1 year 240 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | shares				794,537	1,332,623	1,026,800
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares				$ 5.98	$ 10.59	$ 9.39
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares				$ 1.73	$ 3.67	$ 3.64
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term				5 years 292 days	5 years	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period | shares				467,609	702,979	165,800
Share Based Compensation Valuation Assumptions Expected Forfeiture Rate			8.70%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares			2,918,382	2,918,382
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ / shares			$ 8.33	$ 8.33
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value | $			$ 8,037	$ 8,037
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term				6 years 255 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value | $				$ 39,011	$ 1,189,414	$ 1,695,213
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Aggregate Grant Date Fair Value | $				3,192,672	2,298,114	1,168,192
Proceeds from Stock Options Exercised | $				285,875	2,945,986	4,124,047
Reduction of Federal Income Taxes Payable Related To Stock Option Exercise | $				116,602	505,879	595,483
Reduction of Deferred Tax Asset Related to Stock Option Exercises | $				292,000	261,694	102,010
Reduction of Income Tax Expense Related to Stock Option Exercises | $				$ 10,767	$ 138,722	$ 141,349
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | shares				41,388	40,092	23,838
Stock Issued During Period, Value, Share-based Compensation, Gross | $				$ 312,000	$ 409,000	$ 248,000
Deferred Compensation Plan, Number of Participants			32	32
Treasury Stock, Shares, Ending Balance | shares			241,996	241,996	257,898
Treasury Stock, Value, Ending Balance | $			$ 2,110,248	$ 2,110,248	$ 2,456,875
Deferred Compensation Arrangement with Individual, Shares Issued | shares				67,138	0	0
Employee Salary Deferrals or Company Contributions [Member]
Treasury Stock, Value, Acquired, Cost Method | $				$ 106,537	$ 492,400
Treasury Stock, Shares, Acquired | shares				15,225	50,579
Former CEO [Member]
Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost | $				$ 954,000
Atlas Lighting Products, Inc. [Member]
Number of Stock Warrants Issued | shares	200,000			200,000
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares					$ 9.95
Class of Warrant or Right, Exercise Price of Warrants or Rights, Fair value | $ / shares					2.87
Class of Warrant or Right, Remaining Contractual Life				3 years 255 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term				10 years
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares				$ 6.54	11.06	$ 11.87
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares				$ 1.96	$ 3.83	$ 4.52
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term				10 years	10 years	9 years 255 days
Share Based Compensation Valuation Assumptions Expected Forfeiture Rate								8.79%
Minimum [Member]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares				$ 5.92	$ 9.15	$ 8.84
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares				$ 1.71	$ 3.01	$ 3.28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term				9 years	9 years	9 years
Share Based Compensation Valuation Assumptions Expected Forfeiture Rate								2.00%
Service-based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years	4 years
Performance-based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					4 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total | $			$ 246,301	$ 246,301
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				1 year 270 days
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number, Ending Balance | shares			169,397	169,397	133,335
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares				$ 5.92	$ 10.84
Share Based Compensation Valuation Assumptions Expected Forfeiture Rate				8.30%	3.40%
Allocated Share-based Compensation Expense, Total | $				$ 879,613	$ 570,178
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares				91,490	96,210
Dividends, Total | $				$ 50,621	$ 30,067
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms				4 years 182 days	6 years
Share-based Compensation Arrangement By Share-based Payment Award, Equity Other Than Options, Vested and Expected To Vest, Outstanding, Number | shares			165,680	165,680	128,859
Performance-based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period | shares				345,560	425,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense, Total | $				$ 2,147,423	$ 2,478,861	$ 2,519,092
The 2012 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized | shares		1,600,000
Share-based Compensation Arrangement by Share-based Payment Award, Fungible Share Ratio		2.5

Note 9 - Equity Compensation -

Note 9 - Equity Compensation - Weighted Average Assumptions Were Used for the Warrants (Details)	Feb. 21, 2017
Measurement Input, Expected Dividend Rate [Member]
Measurement input	0.0201
Measurement Input, Price Volatility [Member]
Measurement input	0.39
Measurement Input, Risk Free Interest Rate [Member]
Measurement input	0.018
Measurement Input, Expected Term [Member]
Measurement input	4.5

Note 9 - Equity Compensation 65

Note 9 - Equity Compensation - Weighted Average Assumptions Used to Develop the Fair Value of Stock Options (Details)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Dividend yield	3.30%	1.90%	1.30%
Expected volatility	41.00%	42.00%	44.00%
Risk-free interest rate	1.80%	1.30%	1.70%
Expected life (Year)	6 years	6 years	6 years

Note 9 - Equity Compensation 66

Note 9 - Equity Compensation - Stock Options (Details) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Outstanding (in shares)	3,119,688	2,976,490	2,677,436
Outstanding (in dollars per share)	$ 9.12	$ 8.97	$ 8.85
Outstanding (Year)	7 years	7 years 146 days	6 years 219 days	6 years 36 days
Outstanding	$ 8,037	$ 2,332,324	$ 8,338,974	$ 4,914,601
Granted (in shares)	794,537	1,332,623	1,026,800
Granted (in dollars per share)	$ 5.98	$ 10.59	$ 9.39
Exercised (in shares)	(42,939)	(486,446)	(561,946)
Exercised (in dollars per share)	$ 6.66	$ 7.37	$ 7.34
Forfeited (in shares)	(467,609)	(702,979)	(165,800)
Forfeited (in dollars per share)	$ 9.11	$ 12.46	$ 15.15
Expired (in shares)	(105,000)
Expired (in dollars per share)	$ 19.62
Outstanding (in shares)	3,298,677	3,119,688	2,976,490	2,677,436
Outstanding (in dollars per share)	$ 8.06	$ 9.12	$ 8.97	$ 8.85
Exercisable (in shares)	1,824,552	1,277,561	1,312,985
Exercisable (in dollars per share)	$ 8.22	$ 8.75	$ 9.75
Exercisable (Year)	5 years 292 days	5 years	4 years
Exercisable	$ 39,011	$ 1,592,653	$ 3,819,127

Note 9 - Equity Compensation 67

Note 9 - Equity Compensation - Summary of Unvested Stock Options (Details) - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Unvested (in shares)	1,842,127
Unvested (in dollars per share)	$ 3.52
Granted (in shares)	794,537	1,332,623	1,026,800
Granted (in dollars per share)	$ 1.73	$ 3.67	$ 3.64
Vested (in shares)	(942,905)
Vested (in dollars per share)	$ 3.39
Forfeited (in shares)	(219,634)
Forfeited (in dollars per share)	$ 3.43
Unvested (in shares)	1,474,125	1,842,127
Unvested (in dollars per share)	$ 2.65	$ 3.52

Note 9 - Equity Compensation 68

Note 9 - Equity Compensation - Summary of Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Unvested (in shares)	133,335
Unvested (in dollars per share)	$ 10.38
Awarded (in shares)	91,490	96,210
Awarded (in dollars per share)	$ 5.92
Vested (in shares)	(43,803)
Vested (in dollars per share)	$ 10.32
Forfeited (in shares)	(11,625)
Forfeited (in dollars per share)	$ 9.82
Unvested (in shares)	169,397	133,335
Unvested (in dollars per share)	$ 8.03	$ 10.38

Note 10 - Leases and Purchase69

Note 10 - Leases and Purchase Commitments (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Contractual Obligation, Total	$ 21,451,000	$ 21,973,000
Operating Leases, Rent Expense, Total	$ 2,867,000	$ 2,439,000	$ 2,027,000
Minimum [Member]
Lessee, Operating Lease, Renewal Term	1 year
Maximum [Member]
Lessee, Operating Lease, Renewal Term	5 years

Note 10 - Leases and Purchase70

Note 10 - Leases and Purchase Commitments - Minimum Annual Rental Commitments (Details)	Jun. 30, 2018USD ($)
2,019	$ 1,902,516
2,020	1,864,873
2,021	1,891,698
2,022	1,893,083
2,023	1,895,930
2024 & Beyond	$ 2,941,434

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	27.60%	34.00%	35.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 3,322,991
Deferred Tax Assets, Capital Loss Carryforwards	$ 2,555,000	$ 3,703,000
Operating Loss Carryforwards, Expiration Period	3 years
Oregon Net Operating Loss, Term	4 years
Deferred Tax Assets, Valuation Allowance, Total	$ 4,749,000	5,556,000
Unrecognized Tax Benefits, Ending Balance	651,000	657,000
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	259,000	268,000
Unrecognized Tax Benefits, Income Tax Penalties Accrued	159,000	194,000
Reserve for Unrecognized Tax Benefits, Including Penalties and Interest	1,069,000	1,119,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	651,000
Liability for Uncertainty in Income Taxes, Current	322,000
Unrecognized Tax Benefits, Period Increase (Decrease), Total	20,000	78,000	$ 26,000
Unrecognized Tax Benefits, Interest on Income Taxes Expense	9,000	66,000	48,000
Unrecognized Tax Benefits, Income Tax Penalties Expense	35,000	27,000	$ 10,000
Atlas Lighting Products, Inc. [Member]
Unrecognized Tax Benefits, Increase Resulting from Acquisition		483,000
Domestic Tax Authority [Member]
Deferred Tax Assets, Capital Loss Carryforwards	232,000	406,000
State and Local Jurisdiction [Member] | Oregon State Tax [Member]
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	108,000	137,000
State and Local Jurisdiction [Member] | New York State Division of Taxation and Finance [Member]
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	2,086,000	1,716,000
Deferred Tax Assets, Valuation Allowance, Total	2,086,000	1,716,000
Foreign Tax Authority [Member] | Canada Revenue Agency [Member]
Deferred Tax Assets, Capital Loss Carryforwards	2,555,000			$ 11,972,000
Deferred Tax Assets, Valuation Allowance, Total	$ 10,780,000
Capital Loss Utilized During Period		$ 1,192,000

Note 11 - Income Taxes - Compon

Note 11 - Income Taxes - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
United States	$ (23,332)	$ 3,080	$ 14,004
Foreign
Income before income taxes	(23,332)	3,080	14,004	$ 7,514	$ 2,267
U.S. federal	922	800	5,056
State and local	35	59	582
Total current	957	859	5,638
Deferred	(4,748)	(779)	(1,117)
Total provision for income taxes	$ (3,791)	$ 80	$ 4,522	$ 2,363	$ 1,337

Note 11 - Income Taxes - Reconc

Note 11 - Income Taxes - Reconciliation of Income Tax Rate (Details)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Federal statutory tax rate	27.60%	34.00%	35.00%
State and local taxes, net of federal benefit	1.10%	2.40%	2.20%
Federal and state tax credits	0.90%	(5.30%)	(2.60%)
Valuation allowance	3.50%	(18.90%)
Domestic production activities deduction	0.60%	(4.10%)	(4.20%)
Uncertain tax position activity	0.40%	(5.50%)	(0.60%)
Shared based compensation	(1.30%)	0.00%	2.50%
Tax rate changes	(14.20%)
Other	(2.30%)
Effective tax rate	16.30%	2.60%	32.30%

Note 11 - Income Taxes - Comp74

Note 11 - Income Taxes - Components of Deferred Income Tax Assets and (Liabilities) (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2017
Uncertain tax positions	$ 119,000	$ 281,000
Reserves against current assets	1,348,000	584,000
Accrued expenses	2,028,000	3,357,000
Deferred compensation	402,000	925,000
Stock-based compensation	1,296,000	1,824,000
State net operating loss carryover and credits	2,194,000	1,853,000
Long term capital loss carryforward	2,555,000	3,703,000
Goodwill, acquisition costs and intangible assets, deferred tax assets	4,728,000
Goodwill, acquisition costs and intangible assets, deferred tax liabilities		(502,000)
U.S. Federal net operating loss carryover and credits	232,000	406,000
Deferred income tax asset before valuation allowance	14,902,000	12,431,000
Valuation allowance	(4,749,000)	(5,556,000)
Deferred income tax asset	10,153,000	6,875,000
Depreciation	(2,045,000)	(3,515,000)
Deferred income tax liability	(2,045,000)	(3,515,000)
Net deferred income tax asset	$ 8,108,000	$ 3,360,000

Note 11 - Income Taxes - Liabil

Note 11 - Income Taxes - Liability for Uncertain Tax Positions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Balance at beginning of the fiscal year	$ 842	$ 648	$ 687
Decreases — tax positions in prior period	(185)	(170)	(161)
Increases — tax positions in current period	41	50	122
Increases – tax positions in prior period	42	314
Settlements and payments	(4)	0	0
Lapse of statute of limitations	0	0	0
Balance at end of the fiscal year	$ 736	$ 842	$ 648

Note 12 - Supplemental Cash F76

Note 12 - Supplemental Cash Flow Information - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Interest	$ 1,582	$ 529	$ 50
Income taxes	1,854	2,618	5,079
Issuance of common shares as compensation	319	409	248
Issuance of stock warrants		575
Issuance of common shares to fund deferred compensation plan	$ 429

Note 13 - Commitments and Con77

Note 13 - Commitments and Contingencies (Details Textual) $ in Thousands	Jun. 30, 2018USD ($)
Standby Letters of Credit [Member]
Letters of Credit Outstanding, Amount	$ 0

Note 14 - Severance Costs (Deta

Note 14 - Severance Costs (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Apr. 23, 2018
Severance Costs	$ 1,900,000	$ 523,000	$ 469,000
Former CEO [Member]
Postemployment Benefits Liability, Total				$ 1,772,000
Postemployment Benefits Liability, Current				640,000
Postemployment Benefits Liability, Noncurrent				$ 1,132,000

Note 14 - Severance Costs - Acc

Note 14 - Severance Costs - Accrued Severance Liability Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Balance	$ 235	$ 39
Accrual of expense	1,900	523
Payments	(363)	(313)
Adjustments		(14)
Balance	$ 1,772	$ 235

Note 15 - Restructuring Costs80

Note 15 - Restructuring Costs (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Inventory Write-down	$ 2,605,000	$ 2,088,000	$ 1,726,000
Gain (Loss) on Disposition of Property Plant Equipment, Total		1,361,000		$ 343,000
Restructuring Charges, Total	0
Closure of Kansas City Facility [Member]
Restructuring and Related Cost, Expected Cost, Total		944,000
Inventory Write-down		485,000
Gain (Loss) on Disposition of Property Plant Equipment, Total		1,361,000
Consolidation of Beaverton, Oregon Facility into Other LSI Facilities [Member]
Restructuring Charges, Total	0	377,000
Consolidation of Woonsocket, Rhode Island Manufacturing Operation into Its North Canton, Ohio Operation [Member]
Restructuring and Related Cost, Expected Cost, Total		452,000
Restructuring Charges, Total	$ 0
Closure of Kansas City Facility and Consolidation of Beaverton, Oregon Facility Into Other LSI Facilities [Member]
Inventory Write-down		485,000
Closure of Kansas City Facility and Consolidation of Beaverton, Oregon Facility Into Other LSI Facilities [Member] | Machinery and Equipment at the Kansas City and Beaverton Facilities [Member]
Impairment of Long-Lived Assets Held-for-use		$ 354,000

Note 15 - Restructuring Costs -

Note 15 - Restructuring Costs - Summary of Restructuring Costs for the Period (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)
Restructuring and related costs	$ 412
Severance and Other Termination Benefits [Member]
Restructuring and related costs	811
Lease Obligation Restructuring [Member]
Restructuring and related costs	213
Restructuring Impairment of Fixed Assets and Accelerated Depreciation [Member]
Restructuring and related costs	354
Facility Closing [Member]
Restructuring and related costs	(1,361)
Other Restructuring [Member]
Restructuring and related costs	$ 395

Note 15 - Restructuring Costs82

Note 15 - Restructuring Costs - Cost Incurred by Line Items on the Statement of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Restructuring and related costs, incurred cost		$ 412
Cost of Goods Sold [Member]
Restructuring and related costs, incurred cost		1,503
Operating Expense [Member]
Restructuring and related costs, incurred cost		$ (1,091)

Note 15 - Restructuring Costs83

Note 15 - Restructuring Costs - Summary of Restructuring Costs by Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Restructuring and related costs, incurred cost		$ 412
Corporate, Non-Segment [Member]
Restructuring and related costs, incurred cost		125
Lighting Segment [Member] | Operating Segments [Member]
Restructuring and related costs, incurred cost		(165)
Graphics Segment [Member] | Operating Segments [Member]
Restructuring and related costs, incurred cost		$ 452

Note 15 - Restructuring Costs84

Note 15 - Restructuring Costs - Liability Balances Related to Restructuring Costs (Details)	12 Months Ended
	Jun. 30, 2018USD ($)
Balance, beginning	$ 85,000
Restructuring Expense	0
Payments	(85,000)
Adjustments
Balance, ending
Severance and Other Termination Benefits [Member]
Balance, beginning	0
Restructuring Expense
Payments
Adjustments
Balance, ending
Lease Obligation Restructuring [Member]
Balance, beginning	85,000
Restructuring Expense
Payments	(85,000)
Adjustments
Balance, ending
Other Restructuring [Member]
Balance, beginning	0
Restructuring Expense
Payments
Adjustments
Balance, ending

Note 16 - Related Party Trans85

Note 16 - Related Party Transactions - Expenses From Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Keating Muething and Klekamp PLL [Member]
Related party expenses	$ 161	$ 526	$ 207
American Engineering and Metal Working [Member]
Related party expenses			522
Cost of Freedom, Inc [Member]
Related party expenses	25
Atlas Melbane Street Properties, LLC [Member]
Related party expenses		$ 314

Note 16 - Related Party Trans86

Note 16 - Related Party Transactions - Liabilities Recorded With Related Parties (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Keating Muething and Klekamp PLL [Member]
Liabilities recorded with related parties		$ 28

Note 16 - Related Party Trans87

Note 16 - Related Party Transactions - Revenue From Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Wesco International [Member]
Revenue from related parties	$ 3,200	$ 2,121	$ 2,450
American Engineering and Metal Working [Member]
Revenue from related parties			$ 27

Note 16 - Related Party Trans88

Note 16 - Related Party Transactions - Assets Recorded With Related Parties (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Wesco International [Member]
Assets recorded with related parties	$ 16

Note 17 - Acquisition (Details

Note 17 - Acquisition (Details Textual) - USD ($)	Feb. 21, 2017	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Line of Credit Facility, Maximum Borrowing Capacity	$ 100,000,000
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Before Tax				$ 6,857,000	$ 18,010,000
Business Combination, Acquisition Related Costs				1,608,000
Atlas Lighting Products, Inc. [Member]
Business Combination, Consideration Transferred, Total	97,500,000
Payments to Acquire Businesses, Gross	$ 96,900,000
Number of Stock Warrants Issued	200,000		200,000
Warrant Term	5 years
Business Combination, Inventory, Fair Value Adjustment	$ 228,000
Business Combination, Property, Plant, and Equipment, Fair Value Adjustment	526,000
Business Acquisition, Transaction Costs		$ 1,480,000		1,480,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		17,800,000
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		$ 1,800,000
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Before Tax				6,900,000
Business Combination, Acquisition Related Costs				$ 1,610,000
Atlas Lighting Products, Inc. [Member] | Line of Credit [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	66,000,000
Atlas Lighting Products, Inc. [Member] | Warrant [Member]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 600,000

Note 17 - Acquisition - Allocat

Note 17 - Acquisition - Allocation of Purchase Consideration to Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	4 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Feb. 21, 2017
Goodwill	$ 58,538	$ 30,538
Atlas Lighting Products, Inc. [Member]
Cash and Cash Equivalents	1,815		$ 1,815
Accounts Receivable	7,202		7,202
Inventories	8,490		8,490
Property, Plant, and Equipment	3,546		3,631
Property, Plant, and Equipment, Measurement Period Adjustments	(85)
Other Assets	248		248
Intangible Assets	34,319		34,319
Liabilities Assumed	6,183		6,106
Liabilities Assumed, Measurement Period Adjustments	77
Identifiable net assets acquired	49,437		49,599
Identifiable net assets acquired, Measurement Period Adjustments	(162)
Goodwill	48,030		47,868
Goodwill, Measurement Period Adjustments	162
Net Purchase Consideration	$ 97,467		$ 97,467

Note 17 - Acquisition - Identif

Note 17 - Acquisition - Identified Intangible Assets Acquired (Details) - Atlas Lighting Products, Inc. [Member] $ in Thousands	Feb. 21, 2017USD ($)
Intangible Assets Acquired	$ 34,319
Intangible Assets Acquired, Estimate Useful Life (Year)
Trade Names [Member]
Intangible Assets Acquired	$ 2,198
Intangible Assets Acquired, Estimate Useful Life (Year)	20 years
Technology-Based Intangible Assets [Member]
Intangible Assets Acquired	$ 4,838
Intangible Assets Acquired, Estimate Useful Life (Year)	10 years
Customer Relationships [Member]
Intangible Assets Acquired	$ 27,283
Intangible Assets Acquired, Estimate Useful Life (Year)	15 years

Note 17 - Acquisition - Pro For

Note 17 - Acquisition - Pro Forma Financial Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Net Sales	$ 366,541	$ 381,650
Gross Profit	95,038	105,592
Operating Income	$ 6,857	$ 18,010

Note 18 - Summary of Quarterl93

Note 18 - Summary of Quarterly Results (Unaudited) (Details Textual) - Subsequent Event [Member]	Aug. 30, 2018
Number of Shareholders	654
Number of Beneficial Shareholders	3,000

Note 18 - Summary of Quarterl94

Note 18 - Summary of Quarterly Results (Unaudited) - Quarterly Results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Net sales	$ 83,409	$ 78,843	$ 92,305	$ 87,466	$ 83,419	$ 78,156	$ 85,658	$ 84,159	$ 80,844	$ 70,740	$ 84,687	$ 85,925	$ 342,023	$ 331,392	$ 322,196		$ 307,857	$ 299,463
Gross profit	20,306	19,918	25,307	23,703	21,236	18,399	21,407	20,835	19,847	16,549	23,926	23,349	89,234	81,877	83,671
Net income (loss)	$ (2,664)	$ 220	$ (1,468)	$ (15,629)	$ 696	$ (531)	$ 2,006	$ 829	$ 1,428	$ 522	$ 3,782	$ 3,750	$ (19,541)	$ 3,000	$ 9,482		$ 5,151	$ 930
Basic (in dollars per share)	$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)	$ 0.12	$ 0.38		$ 0.21	$ 0.04
Diluted (in dollars per share)	(0.10)	(0.01)	(0.06)	(0.61)	0.03	(0.02)	0.08	0.03	0.06	0.02	0.15	0.15	$ (0.76)	$ 0.12	$ 0.37		$ 0.21	$ 0.04
Maximum [Member]
Share prices (in dollars per share)	8.11	8.88	7.49	9.27	10.21	10.68	11.23	11.64	13.45	12.22	12.80	10.48
Minimum [Member]
Share prices (in dollars per share)	$ 4.91	$ 6.70	$ 6.07	$ 4.99	$ 8.26	$ 8.31	$ 8.12	$ 9.41	$ 10.29	$ 9.85	$ 7.89	$ 8.33
Fiscal Year [Member]
Net sales													$ 342,023	$ 331,392	$ 322,196
Gross profit													89,234	81,877	83,671
Net income (loss)													$ (19,541)	$ 3,000	$ 9,482
Basic (in dollars per share)													$ (0.76)	$ 0.12	$ 0.38
Diluted (in dollars per share)													(0.76)	0.12	0.37	[1]
Fiscal Year [Member] | Maximum [Member]
Share prices (in dollars per share)													9.27	11.64	13.45
Fiscal Year [Member] | Minimum [Member]
Share prices (in dollars per share)													$ 4.91	$ 8.12	$ 7.89
[1]	The total of the earnings per share for each of the four quarters does not equal the total earnings per share for the full year because the calculations are based on the average shares outstanding during each of the individual periods.

Note 18 - Summary of Quarterl95

Note 18 - Summary of Quarterly Results (Unaudited) - Statement of Operations Data (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2018		Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Net sales	$ 83,409	$ 78,843	$ 92,305	$ 87,466	$ 83,419	$ 78,156	$ 85,658	$ 84,159	$ 80,844	$ 70,740	$ 84,687	$ 85,925	$ 342,023		$ 331,392		$ 322,196		$ 307,857	$ 299,463
Cost of products and services sold													252,789		248,012		238,525		233,408	234,165
Restructuring costs (in cost of sales)															1,503
Loss on sale of a subsidiary																			565
(Gain) loss on sale of a building															(1,361)				(343)
Acquisition deal costs															1,608
Transition and Realignment Costs													3,136
Restructuring costs (in SG&A)															(1,091)
Selling and administrative expenses													79,750		77,272		69,715		66,694	62,175
Goodwill and intangible asset impairment													28,000		479					805
Operating income													(21,652)		3,609		13,956		7,533	2,318
Interest (income)													(39)		(91)		(84)		(26)	(17)
Interest expense													1,719		620		36		45	68
(Loss) income before income taxes													(23,332)		3,080		14,004		7,514	2,267
Income taxes													(3,791)		80		4,522		2,363	1,337
Net income (loss)	$ (2,664)	$ 220	$ (1,468)	$ (15,629)	$ 696	$ (531)	$ 2,006	$ 829	$ 1,428	$ 522	$ 3,782	$ 3,750	$ (19,541)		$ 3,000		$ 9,482		$ 5,151	$ 930
Basic (in dollars per share)	$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	$ (0.76)		$ 0.12		$ 0.38		$ 0.21	$ 0.04
Diluted (in dollars per share)	$ (0.10)	$ (0.01)	$ (0.06)	$ (0.61)	$ 0.03	$ (0.02)	$ 0.08	$ 0.03	$ 0.06	$ 0.02	$ 0.15	$ 0.15	(0.76)		0.12		0.37		0.21	0.04
Cash dividends paid per share (in dollars per share)													$ 0.20		$ 0.20		$ 0.17		$ 0.12	$ 0.24
Basic (in shares)													25,866		25,436		24,988		24,496	24,388
Diluted (in shares)													25,866	[1]	25,988	[1]	25,592	[1]	24,638	24,546
Working capital	$ 67,882				$ 61,704				$ 88,510				$ 67,882		$ 61,704		$ 88,510		$ 80,813	$ 74,349
Total assets	229,517				256,680				195,560				229,517		256,680		195,560		180,690	168,688
Long-term debt	45,360				49,698								45,360		49,698
Shareholders’ equity	$ 139,251				$ 160,078				$ 155,520				$ 139,251		$ 160,078		$ 155,520		$ 142,952	$ 138,412
[1]	Options to purchase 2,802,420 common shares, 1,698,883 common shares, and 1,331,300 common shares at June 30, 2018, 2017, and 2016, respectively, were not included in the computation of diluted earnings per share because the exercise price was greater than the average fair market value of the common shares. For the year ended June 30, 2018 the effect of dilutive securities was not included in the calculation of diluted earnings (loss) per share because there was a net operating loss for the period.

Schedule II - Valuation and Q96

Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
Balance, Beginning of Period		$ 506	$ 226	$ 317
Additions Charged to Costs and Expenses		214	339	55
Additions From Company Acquired			10
Deductions	[1]	(311)	(69)	(146)
Balance, End of Period		409	506	226
SEC Schedule, 12-09, Reserve, Inventory [Member]
Balance, Beginning of Period		2,815	2,394	2,197
Additions Charged to Costs and Expenses		2,605	1,495	1,726
Additions From Company Acquired			600
Deductions	[1]	(1,788)	(1,674)	(1,529)
Balance, End of Period		3,632	2,815	2,394
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
Balance, Beginning of Period		5,556	6,150	6,161
Additions Charged to Costs and Expenses
Additions From Company Acquired		183	(569)
Deductions	[1]	(990)	(25)	(11)
Balance, End of Period		$ 4,749	$ 5,556	$ 6,150
[1]	For Allowance for Doubtful Accounts, deductions are uncollectible accounts charged off, less recoveries.