Ethan Allen Interiors (ETD) 10-Q 27 Apr 15 2015 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Mar. 31, 2015	Apr. 17, 2015
Entity Registrant Name	ETHAN ALLEN INTERIORS INC
Entity Central Index Key	896156
Current Fiscal Year End Date	-24
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		28,948,784
Document Type	10-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Amendment Flag	FALSE

Consolidated_Balance_Sheets_Cu

Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Mar. 31, 2015	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$58,436,000	$109,176,000
Marketable securities	6,379,000	18,153,000
Accounts receivable, less allowance for doubtful accounts of $1,292 at March 31, 2015 and $1,442 at June 30, 2014	16,280,000	12,426,000
Inventories	154,933,000	146,275,000
Prepaid expenses and other current assets	29,315,000	19,599,000
Total current assets	265,343,000	305,629,000
Property, plant and equipment, net	283,531,000	288,156,000
Goodwill and other intangible assets	45,128,000	45,128,000
Restricted cash and investments	8,009,000	8,507,000
Other assets	7,027,000	7,014,000
Total assets	609,038,000	654,434,000
Current liabilities:
Current maturities of long-term debt	2,778,000	501,000
Customer Deposits	66,630,000	59,684,000
Accounts payable	18,900,000	24,320,000
Accrued compensation and benefits	24,076,000	27,709,000
Accrued expenses and other current liabilities	24,169,000	23,833,000
Total current liabilities	136,553,000	136,047,000
Long-term debt	75,044,000	130,411,000
Other long-term liabilities	21,318,000	20,509,000
Total liabilities	232,915,000	286,967,000
Shareholders' equity:
Additional paid-in-capital	371,279,000	365,733,000
Less: Treasury stock (at cost)	-591,908,000	-584,041,000
Retained earnings	598,385,000	584,395,000
Accumulated other comprehensive income	-2,386,000	642,000
Total Ethan Allen Interiors Inc. shareholders' equity	375,859,000	367,215,000
Noncontrolling interests	264,000	252,000
Total shareholders' equity	376,123,000	367,467,000
Total liabilities and shareholders' equity	609,038,000	654,434,000
Common Class A [Member]
Shareholders' equity:
Class A common stock	$489,000	$486,000

Consolidated_Balance_Sheets_Cu1

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Accounts receivable, allowance for doubtful accounts	$1,292	$1,442

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Net sales	$173,259	$173,061	$561,032	$547,824
Cost of sales	79,149	79,931	256,045	249,952
Gross profit	94,110	93,130	304,987	297,872
Selling, general and administrative expenses	84,884	83,578	257,631	252,526
Operating income	9,226	9,552	47,356	45,346
Interest and other income (expense)	-3,594	103	-3,362	228
Interest and other related financing costs	1,699	1,870	5,470	5,614
Income before income taxes	3,933	7,785	38,524	39,960
Income tax expense	1,397	2,527	14,071	14,113
Net income	2,536	5,258	24,453	25,847
Basic earnings per common share:
Net income per basic share (in dollars per share)	$0.09	$0.18	$0.85	$0.89
Basic weighted average common shares (in shares)	28,925	28,920	28,927	28,916
Diluted earnings per common share:
Net income per diluted share (in dollars per share)	$0.09	$0.18	$0.84	$0.88
Diluted weighted average common shares (in shares)	29,242	29,271	29,262	29,284
Comprehensive income:
Net income	2,536	5,258	24,453	25,847
Other comprehensive income
Currency translation adjustment	-972	142	-3,058	126
Other	29	31	67	91
Other comprehensive income (loss)	-943	173	-2,991	217
Comprehensive income	$1,593	$5,431	$21,462	$26,064

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Operating activities:
Net income	$24,453	$25,847
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	14,214	13,276
Compensation expense related to share-based payment awards	945	990
Provision (benefit) for deferred income taxes	1,783	-1,382
Restructuring and impairment charge, net	784
Loss on disposal of property, plant and equipment	2,858	2,164
Other	2,881	425
Change in operating assets and liabilities, net of effects of acquired businesses:
Accounts receivable	-4,292	-3,726
Inventories	-8,053	-7,799
Prepaid and other current assets	-9,416	613
Customer Deposits	6,177	6,102
Accounts payable	-5,395	1,112
Accrued expenses and other current liabilities	-4,491	288
Other assets and liabilities	3	2,109
Net cash provided by operating activities	22,451	40,019
Investing activities:
Proceeds from the disposal of property, plant & equipment	6,849	2,667
Change in restricted cash and investments	498	6,526
Capital expenditures	-17,528	-12,588
Acquisitions (net of cash acquired)	-1,991
Purchases of marketable securities		-17,500
Sales of marketable securities	11,320	12,323
Other investing activities	129	253
Net cash provided by (used in) investing activities	-723	-8,319
Financing activities:
Borrowings on revolving credit and term loan facilities	75,000
Payments on long-term debt and capital lease obligations	-133,459	-358
Purchases and retirements of company stock	-2,791
Payment of cash dividends	-9,864	-8,399
Payment of deferred financing costs	-1,456
Other financing activities, net	687	314
Net cash provided by (used in) financing activities	-71,883	-8,443
Effect of exchange rate changes on cash	-585	-54
Net increase (decrease) in cash & cash equivalents	-50,740	23,203
Cash & cash equivalents at beginning of period	109,176	72,601
Cash & cash equivalents at end of period	$58,436	$95,804

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)	Total	Accumulated Other Comprehensive Income (Loss) [Member]	Additional Paid-in Capital [Member]	Common Stock [Member]	Noncontrolling Interest [Member]	Retained Earnings [Member]	Treasury Stock [Member]
In Thousands
Balance at Jun. 30, 2014	$367,467	$642	$365,733	$486	$252	$584,395	($584,041)
Stock issued on share-based awards	4,115		4,112	3
Compensation expense associated with share-based awards	945		945
Tax benefit associated with exercise of share based awards	489		489
Purchase/retirement of company stock	-7,867						-7,867
Dividends declared on common stock	-10,463					-10,463
Capital distribution	-25				-25
Comprehensive income	21,462	-3,028			37	24,453
Balance at Mar. 31, 2015	$376,123	($2,386)	$371,279	$489	$264	$598,385	($591,908)

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	-1	Basis of Presentation
	Ethan Allen Interiors Inc. ("Interiors") is a Delaware corporation incorporated on May 25, 1989. The consolidated financial statements include the accounts of Interiors, its wholly owned subsidiary Ethan Allen Global, Inc. ("Global"), and Global’s subsidiaries (collectively "we", "us", "our", "Ethan Allen", or the "Company"). All intercompany accounts and transactions have been eliminated in the consolidated financial statements. All of Global’s capital stock is owned by Interiors, which has no assets or operating results other than those associated with its investment in Global.
	We prepare our consolidated financial statements in conformity with accounting principles generally accepted in the United States, which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Due to the inherent uncertainty involved in making those estimates, actual results could differ from those estimates. Areas in which significant estimates have been made include, but are not limited to, revenue recognition, the allowance for doubtful accounts receivable, inventory obsolescence, tax valuation allowances, useful lives for property, plant and equipment and definite-lived intangible assets, goodwill and indefinite-lived intangible asset impairment analyses, the evaluation of uncertain tax positions and the fair value of assets acquired and liabilities assumed in business combinations.
	Our consolidated financial statements include the accounts of an entity in which we are a majority shareholder and have the power to direct the activities that most significantly impact the entity’s performance. Noncontrolling interest amounts in the entity are immaterial and included in the Consolidated Statement of Comprehensive Income within interest and other income (expense).

Note_2_Interim_Financial_Prese

Note 2 - Interim Financial Presentation	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	-2	Interim Financial Presentation
	In our opinion, all adjustments, consisting only of normal recurring adjustments necessary for fair presentation, have been included in the consolidated financial statements. The results of operations for the three and nine months ended March 31, 2015 are not necessarily indicative of results that may be expected for the entire fiscal year. The interim consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended June 30, 2014.

Note_3_Income_Taxes

Note 3 - Income Taxes	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Income Tax Disclosure [Text Block]	-3	Income Taxes
	The Company reviews its expected annual effective income tax rates and makes changes on a quarterly basis as necessary based on certain factors such as changes in forecasted annual operating income; changes to actual or forecasted permanent book to tax differences; impacts from future tax audits with state, federal or foreign tax authorities; impacts from tax law changes; or change in judgment as to the realizability of deferred tax assets. The Company identifies items which are not normal and are non-recurring in nature and treats these as discrete events. The tax effect of discrete items is recorded in the quarter in which the discrete events occur. Due to the volatility of these factors, the Company's consolidated effective income tax rate can change significantly on a quarterly basis.
	The Company conducts business globally and, as a result, the Company or one or more of its subsidiaries files income tax returns in the U.S., various state, and foreign jurisdictions. In the normal course of business, the Company is subject to examination in such domestic and foreign jurisdictions. As of March 31, 2015, the Company and certain subsidiaries are currently under audit in the U.S. from 2008 through 2013. While the amount of uncertain tax benefits with respect to the entities and years under audit may change within the next twelve months, it is not anticipated that any of the changes will be significant. It is reasonably possible that some of these audits may be completed during the next twelve months. It is reasonable to expect that various issues relating to uncertain tax benefits will be resolved within the next twelve months as exams are completed or as statutes expire and will impact the effective tax rate.
	The Company’s consolidated effective tax rate was 35.5% and 36.5% for the three and nine months ended March 31, 2015, and 32.5% and 35.3% for the three and nine months ended March 31, 2014, respectively. The current year effective tax rate primarily includes tax expense on the current year net income, and tax and interest expense on uncertain tax positions. The prior year effective tax rate primarily includes the tax expense on that year’s net income, interest expense on uncertain tax positions, and the impact of maintaining valuation allowances on certain retail segment deferred tax assets, partly offset by the reversal and recognition of some uncertain tax positions.

Note_4_Restricted_Cash_and_Inv

Note 4 - Restricted Cash and Investments	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Restricted Assets Disclosure [Text Block]	-4	Restricted Cash and Investments
	At March 31, 2015 and June 30, 2014, we held $8.0 million and $8.5 million respectively, of restricted cash and investments in lieu of providing letters of credit for the benefit of the provider of our workmen’s compensation insurance and other insurance. These funds can be invested in high quality money market mutual funds, U.S. Treasuries and U.S. Government agency fixed income instruments, and cannot be withdrawn without the prior written consent of the secured party. These assets are carried at cost, which approximates market value and are classified as long-term assets because they are not expected to be used within one year to fund operations. See also Note 12, “Fair Value Measurements".

Note_5_Marketable_Securities

Note 5 - Marketable Securities	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Cash, Cash Equivalents, and Marketable Securities [Text Block]	-5	Marketable Securities
	At March 31, 2015 and June 30, 2014, the Company held marketable securities of $6.4 million and $18.2 million respectively, classified as current assets, consisting of U.S. municipal bonds with maturities ranging from less than one year to less than two years, which were rated A+/A2 or better by the rating services Standard & Poors (“S&P”) and Moodys Investors Service (“Moodys”) respectively. There were no material realized or unrealized gains or losses for the three or nine months ended March 31, 2015 and March 31, 2014. We do not believe there are any impairments considered to be other than temporary at March 31, 2015. See also Note 12, “Fair Value Measurements".

Note_6_Inventories

Note 6 - Inventories	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Inventory Disclosure [Text Block]	-6	Inventories
	Inventories at March 31, 2015 and June 30, 2014 are summarized as follows (in thousands):
			March 31,			June 30,
			2015			2014
	Finished goods		$	120,399		$	116,377
	Work in process			10,831			8,355
	Raw materials			26,692			24,347
	Valuation allowance			(2,989	)		(2,804	)
			$	154,933		$	146,275

Note_7_Borrowings

Note 7 - Borrowings	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Debt Disclosure [Text Block]	-7	Borrowings
	Total debt obligations at March 31, 2015 and June 30, 2014 consist of the following (in thousands):
			March 31,		June 30,
			2015		2014
	Revolving Credit Facility due 10/21/2019		$	40,000	$	-
	Term Loan due 10/21/2019			35,000		-
	5.375% Senior Notes due 2015			-		129,255
	Capital leases			2,822		1,657
	Total debt			77,822		130,912
	Less current maturities			2,778		501
	Total long-term		$	75,044	$	130,411
	In September 2005, we issued $200.0 million in ten-year senior unsecured notes due October 1, 2015 (the "Senior Notes"). The Senior Notes were issued by Global, bearing an annual coupon rate of 5.375% with interest payable semi-annually in arrears on April 1 and October 1. We have used the net proceeds of $198.4 million to improve our retail network, invest in our manufacturing and logistics operations, and for other general corporate purposes. In fiscal years 2011 through 2013, the Company repurchased an aggregate $70.6 million of the Senior Notes in several unsolicited transactions. On March 18, 2015, we repaid the remaining balance of $129.4 million, accrued interest of $3.2 million, and a “make whole” payment of $3.5 million, funded with $61.1 million from the Company’s existing cash balances, and $75 million from our senior secured revolving credit and term loan facility. In connection with this early redemption, the Company incurred a $3.7 million pre-tax charge, consisting of the “make whole” payment along with unamortized balances of bond discount and other costs. This charge is classified within the Consolidated Statements of Comprehensive Income under Interest and Other Income (Expense).
	The Company entered into a five year, $150 million senior secured revolving credit and term loan facility on October 21, 2014, as amended January 28, 2015 (the “Facility”). The Facility amended and restated the previous five-year, $50 million secured revolving credit facility in its entirety. The Facility, which expires on October 21, 2019, provides a term loan of up to $35 million and a revolving credit line of up to $115 million, subject to borrowing base availability. During March 2015, we requested $35 million of the term loan and $40 million of the revolving credit line be paid directly to the trustee, and along with our available cash we fully redeemed our Senior Notes. We classified the term loan and revolving credit borrowings as both a source and use of cash from financing activities. We also incurred financing costs of $1.5 million under the Facility, which are being amortized by the straight-line method, which approximates the interest method, over the remaining life of the Facility.
	At the Company’s option, revolving loans under the Facility bear interest, based on the average availability, at an annual rate of either (a) the London Interbank Offered rate (“LIBOR”) plus 1.5% to 1.75%, or (b) the higher of (i) the prime rate, (ii) the federal funds effective rate plus 0.50%, or (iii) LIBOR plus 1.0% plus in each case 0.5% to 0.75%. At March 31, 2015 the annual interest rate in effect on the revolving loan was 1.8125%.
	At the Company’s option, term loans under the Facility bear interest, based on the Company’s rent adjusted leverage ratio, at an annual rate of either (a) the London Interbank Offered rate (“LIBOR”) plus 1.75% to 2.25%,, or (b) the higher of (i) the prime rate, (ii) the federal funds effective rate plus 0.50%, or (iii) LIBOR plus 1.0% plus in each case 0.75% to 1.25%. At March 31, 2015 the annual interest rate in effect on the term loan was 1.9375%.
	The Company pays a commitment fee of 0.15% to 0.25% per annum on the unused portion of the Facility, and fees on issued letters of credit at an annual rate of 1.5% to 1.75% based on the average availability. Certain payments are restricted if the availability under the revolving credit line falls below 20% of the total revolving credit line, and the Company is subject to pro forma compliance with the fixed charge coverage ratio if applicable.
	Quarterly installments of principal on the term loan are payable based on a straight line 15 year amortization period, with the balance due at maturity. The Company does not expect to repay the revolving credit portion of the Facility within the next year.
	The Facility is secured by all property owned, leased or operated by the Company in the United States and includes certain real property owned by the Company and contains customary covenants which may limit the Company’s ability to incur debt; engage in mergers and consolidations; make restricted payments (including dividends); sell certain assets; and make investments.
	The Company must maintain at all times a minimum fixed charge coverage ratio of 1.0 to 1.0 for the first year and 1.1 to 1.0 all times thereafter. If the outstanding term loans are less than $17.5 million and the fixed charge coverage ratio equals or exceeds 1.25 to 1.0, the fixed charge coverage ratio ceases to apply and thereafter shall only be triggered if average monthly availability is less than 15% of the amount of the revolving credit line. Our applicable fixed charge coverage ratio was 1.3 to 1.0 at March 31, 2015.
	The Company intends to use the Facility for working capital and general corporate purposes, in addition to the refinancing of our Senior Notes which occurred in March 2015. At March 31, 2015, there was $0.2 million of standby letters of credit outstanding under the Facility and total availability under the Facility of $74.8 million.
	The Facility replaced a $50 million senior secured, asset-based revolving credit facility (the “Prior Facility”) which was in effect on June 30, 2014, and which would have expired March 25, 2016, or June 26, 2015 if the Senior Notes had not been refinanced prior to that date. At June 30, 2014, there was $0.6 million of standby letters of credit outstanding under the Prior Facility. The Prior Facility was secured by all property owned, leased or operated by the Company in the United States excluding any real property owned by the Company and contained customary covenants limiting the Company’s ability to incur debt, engage in mergers and consolidations, make restricted payments (including dividends), sell certain assets, and make investments. Remaining availability under the Prior Facility totaled $49.4 million at June 30, 2014 and as a result, covenants and other restricted payment limitations did not apply.
	At both March 31, 2015 and June 30, 2014, we were in compliance with all covenants of the Senior Notes and the credit facilities.
	The following table summarizes, as of March 31, 2015, the timing of cash payments related to our outstanding long-term debt obligations for the remaining three months of fiscal 2015, and each of the five fiscal years subsequent to June 30, 2015, and thereafter (in thousands).
	Periods ending June 30,
	2015		$	252
	2016			3,341
	2017			3,304
	2018			2,816
	2019			2,396
	2020			2,380
	2021 and thereafter			63,333
	Total scheduled debt payments		$	77,822

Note_8_Litigation

Note 8 - Litigation	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	-8	Litigation
	We are routinely involved in various investigations or as a defendant in litigation, in the ordinary course of business. We are also subject to various federal, state and local environmental protection laws and regulations and are involved, from time to time, in investigations and proceedings regarding environmental matters. Such investigations and proceedings typically concern air emissions, water discharges, and/or management of solid and hazardous wastes. Under these laws, we and/or our subsidiaries are, or may be, required to remove or mitigate the effects on the environment of the disposal or release of certain hazardous materials.
	Regulations issued under the Clean Air Act Amendments of 1990 required the industry to reformulate certain furniture finishes or institute process changes to reduce emissions of volatile organic compounds. Compliance with many of these requirements has been facilitated through the introduction of high solids coating technology and alternative formulations. In addition, we have instituted a variety of technical and procedural controls, including reformulation of finishing materials to reduce toxicity, implementation of high velocity low pressure spray systems, development of storm water protection plans and controls, and further development of related inspection/audit teams, all of which have served to reduce emissions per unit of production. We remain committed to implementing new waste minimization programs and/or enhancing existing programs with the objective of (i) reducing the total volume of waste, (ii) limiting the liability associated with waste disposal, and (iii) continuously improving environmental and job safety programs on the factory floor which serve to minimize emissions and safety risks for employees. We will continue to evaluate the most appropriate, cost effective, control technologies for finishing operations and design production methods to reduce the use of hazardous materials in the manufacturing process. We believe that our facilities are in material compliance with all such applicable laws and regulations. Our currently anticipated capital expenditures for environmental control facility matters are not material.
	Although the outcome of the various claims and proceedings against us cannot be predicted with certainty, management believes that the likelihood is remote that any existing claims or proceedings will have a material adverse effect on our financial position, results of operations or cash flows.

Note_9_ShareBased_Compensation

Note 9 - Share-Based Compensation	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	-9	Share-Based Compensation
	All options are issued at the closing stock price on each grant date, and have a contractual term of 10 years. A summary of stock option activity occurring during the nine months ended March 31, 2015 is presented below:
	Options		Shares
	Outstanding - June 30, 2014			1,323,376
	Granted			26,316
	Exercised			(306,716	)
	Canceled (forfeited/expired)			(212,625	)
	Outstanding - March 31, 2015			830,351
	Exercisable - March 31, 2015			500,777
	At March 31, 2015, there were 1,547,187 shares of common stock available for future issuance pursuant to the 1992 Stock Option Plan.

Note_10_Earnings_Per_Share

Note 10 - Earnings Per Share	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Earnings Per Share [Text Block]	-10	Earnings Per Share
	Basic and diluted earnings per share are calculated using the following weighted average share data (in thousands):
			Three months ended				Nine months ended
			March 31,				March 31,
			2015		2014		2015		2014
	Weighted average common shares outstanding for basic calculation			28,925		28,920		28,927		28,916
	Effect of dilutive stock options and other share-based awards			317		351		335		368
	Weighted average common shares outstanding adjusted for dilution calculation			29,242		29,271		29,262		29,284
	As of March 31, 2015 and 2014, stock options to purchase 422,658 and 620,392 common shares, respectively, were excluded from the respective diluted earnings per share calculations because their impact was anti-dilutive.

Note_11_Accumulated_Other_Comp

Note 11 - Accumulated Other Comprehensive Income	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	-11	Accumulated Other Comprehensive Income
	The following table sets forth the activity in accumulated other comprehensive income for the year to date period ended March 31, 2015 (in thousands):
			Foreign						Unrealized
			currency						gains and
			translation			Derivative			losses on
			adjustments			instruments			investments			Total
	Balance June 30, 2014		$	670		$	(39	)	$	11		$	642
	Changes before reclassifications		$	(3,058	)	$	-		$	(9	)	$	(3,067	)
	Amounts reclassified from accumulated		$	-		$	39		$	-		$	39
	other comprehensive income
	Current period other comprehensive income		$	(3,058	)	$	39		$	(9	)	$	(3,028	)
	Balance March 31, 2015		$	(2,388	)	$	-		$	2		$	(2,386	)
	Foreign currency translation adjustments are the result of changes in foreign currency exchange rates related to our operations in Canada, Belgium, Honduras, and Mexico, and exclude income taxes given that the earnings of non-U.S. subsidiaries are deemed to be reinvested for an indefinite time. The derivative instruments were reclassified to other income (expense) in our consolidated statements of operations in the quarter ended March 31, 2015 due to the extinguishment of our Senior Notes.

Note_12_Fair_Value_Measurement

Note 12 - Fair Value Measurements	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Fair Value Disclosures [Text Block]	-12	Fair Value Measurements
	We determine fair value as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value is calculated based on assumptions that market participants use in pricing the asset or liability, and not on assumptions specific to the Company. In addition, the fair value of liabilities includes consideration of non-performance risk including our own credit risk. Each fair value measurement is reported in one of three levels, determined by the lowest level input that is significant to the fair value measurement in its entirety. These levels are:
	Level 1      Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets.
	Level 2      Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
	Level 3      Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques.
	The following section describes the valuation methodologies we use to measure different financial assets and liabilities at fair value.
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	The following table presents our assets and liabilities measured at fair value on a recurring basis at March 31, 2015 and June 30, 2014 (in thousands):
	31-Mar-15
			Level 1		Level 2		Level 3		Balance
	Cash equivalents		$	66,445	$	-	$	-	$	66,445
	Available-for-sale securities			-		6,379		-		6,379
	Total		$	66,445	$	6,379	$	-	$	72,824
	30-Jun-14
			Level 1		Level 2		Level 3		Balance
	Cash equivalents		$	117,683	$	-	$	-	$	117,683
	Available-for-sale securities			-		18,153		-		18,153
	Total		$	117,683	$	18,153	$	-	$	135,836
	Cash equivalents consist of money market accounts and mutual funds in U.S. government and agency fixed income securities. We use quoted prices in active markets for identical assets or liabilities to determine fair value. There were no transfers between level 1 and level 2 during the first nine months of fiscal 2015 or fiscal 2014. At March 31, 2015 and June 30, 2014, $8.0 million and $8.5 million, respectively, of the cash equivalents were restricted, and classified as long-term assets.
	At March 31, 2015, available-for-sale securities consist of $6.4 million in U.S. municipal bonds, and at June 30, 2014, available-for-sale securities consisted of $18.2 million in U.S. municipal bonds. The bonds are rated A+/A2 or better by S&P and Moodys, respectively. As of March 31, 2015 and June 30, 2014, there were no material gross unrealized gains or losses on available-for-sale securities.
	As of March 31, 2015 and June 30, 2014, the contractual maturities of our available-for-sale securities were as follows:
	31-Mar-15
			Cost		Estimated Fair Value
	Due in one year or less		$	6,582	$	6,379
	Due after one year through five years		$	-	$	-
	30-Jun-14
			Cost		Estimated Fair Value
	Due in one year or less		$	16,049	$	15,863
	Due after one year through five years		$	2,296	$	2,290
	No investments have been in a continuous loss position for more than one year, and no other-than-temporary impairments were recognized. See also Note 4, "Restricted Cash and Investments" and Note 5, "Marketable Securities".
	Assets and Liabilities Measured at Fair Value on a Non-recurring Basis
	We measure certain assets at fair value on a non-recurring basis. These assets are recognized at fair value when they are deemed to be other-than-temporarily impaired. During the nine months ended March 31, 2014, we did not record any other-than-temporary impairments on those assets required to be measured at fair value on a non-recurring basis. During the third quarter of fiscal 2015, we determined that certain long-lived assets of our retail design centers in Belgium were impaired, and an impairment charge of $0.8 million was recorded. The Company’s decision during the quarter to exit the lease in Brussels led to our re-evaluation of the future cash flows of that asset group over a shorter useful life than previously expected.

Note_13_Segment_Information

Note 13 - Segment Information	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	-13	Segment Information
	Our operations are classified into two operating segments: wholesale and retail. These operating segments represent strategic business areas of our vertically integrated business which, although they operate separately and provide their own distinctive services, enable us to more efficiently control the quality and cost of our complete line of home furnishings and accents.
	The wholesale segment is principally involved in the development of the Ethan Allen brand, which encompasses the design, manufacture, domestic and offshore sourcing, sale and distribution of a full range of home furnishings and accents to a network of independently operated and Ethan Allen operated design centers as well as related marketing and brand awareness efforts. Wholesale revenue is generated upon the wholesale sale and shipment of our product to all retail design centers, including those operated by Ethan Allen.
	The retail segment sells home furnishings and accents to consumers through a network of Company operated design centers. Retail revenue is generated upon the retail sale and delivery of our product to our customers.
	Inter-segment eliminations result, primarily, from the wholesale sale of inventory to the retail segment, including the related profit margin.
	We evaluate performance of the respective segments based upon revenues and operating income. While the manner in which our home furnishings and accessories are marketed and sold is consistent, the nature of the underlying recorded sales (i.e. wholesale versus retail) and the specific services that each operating segment provides (i.e. wholesale manufacturing, sourcing, and distribution versus retail selling) are different. Within the wholesale segment, we maintain revenue information according to each respective product line (i.e. case goods, upholstery, or home accents and other). The allocation of retail sales by product line is reasonably similar to that of the wholesale segment. A breakdown of wholesale sales by these product lines for the three and nine months ended March 31, 2015 and 2014 is provided as follows:
			Three months ended						Nine months ended
			March 31,						March 31,
			2015			2014			2015			2014
	Case Goods			35	%		38	%		34	%		35	%
	Upholstered Products			48	%		46	%		48	%		48	%
	Home Accents and Other			17	%		16	%		18	%		17	%
				100	%		100	%		100	%		100	%
	Segment information for the three and nine months ended March 31, 2015 and 2014 is provided below (in thousands):
			Three months ended						Nine months ended
			March 31,						March 31,
			2015			2014			2015			2014
	Net sales:
	Wholesale segment		$	112,265		$	111,143		$	353,075		$	337,474
	Retail segment			129,460			131,813			427,710			425,136
	Elimination of inter-company sales			(68,466	)		(69,895	)		(219,753	)		(214,786	)
	Consolidated Total		$	173,259		$	173,061		$	561,032		$	547,824
	Operating income:
	Wholesale segment		$	14,450		$	13,009		$	49,147		$	43,507
	Retail segment			(5,126	)		(1,591	)		(411	)		2,411
	Adjustment of inter-company profit (1)			(98	)		(1,866	)		(1,380	)		(572	)
	Consolidated Total		$	9,226		$	9,552		$	47,356		$	45,346
	Depreciation & Amortization:
	Wholesale segment		$	1,942		$	2,018		$	6,031		$	5,824
	Retail segment			2,878			2,559			8,183			7,452
	Consolidated Total		$	4,820		$	4,577		$	14,214		$	13,276
	Capital expenditures:
	Wholesale segment		$	1,349		$	1,991		$	8,358		$	6,483
	Retail segment			3,064			2,039			9,170			6,105
	Acquisitions			-			-			1,991			-
	Consolidated Total		$	4,413		$	4,030		$	19,519		$	12,588
			March 31,			June 30,
			2015			2014
	Total Assets:
	Wholesale segment		$	282,521		$	339,271
	Retail segment			356,921			344,025
	Inventory profit elimination (2)			(30,404	)		(28,862	)
	Consolidated Total		$	609,038		$	654,434
	-1	Represents the change in wholesale profit contained in the retail segment inventory at the end of the period.
	-2	Represents the wholesale profit contained in the retail segment inventory that has not yet been realized. These profits are realized when the related inventory is sold.

Note_14_Recently_Issued_Accoun

Note 14 - Recently Issued Accounting Pronouncements	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	-14	Recently Issued Accounting Pronouncements
	On April 7, 2015 the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. The new standard will classify debt issuance costs as a deduction from the debt liability. Currently these costs are classified as assets. There will be no effect on the consolidated statements of comprehensive income upon adoption of the ASU. The ASU is effective for the Company beginning in July 2016, and early adoption is permitted. The Company is currently evaluating the effect on the Company’s financial statements.

Note_15_Subsequent_Events

Note 15 - Subsequent Events	9 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Subsequent Events [Text Block]	-15	Subsequent Events
	On April 13, 2015 the Board of Directors added two million shares to its authorization to repurchase common stock. The maximum number of shares that may yet be purchased under our publicly announced repurchase program is 2,997,724 shares.

Note_6_Inventories_Tables

Note 6 - Inventories (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Inventory, Current [Table Text Block]		March 31,			June 30,
		2015			2014
	Finished goods	$	120,399		$	116,377
	Work in process		10,831			8,355
	Raw materials		26,692			24,347
	Valuation allowance		(2,989	)		(2,804	)
		$	154,933		$	146,275

Note_7_Borrowings_Tables

Note 7 - Borrowings (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Debt [Table Text Block]		March 31,		June 30,
		2015		2014
	Revolving Credit Facility due 10/21/2019	$	40,000	$	-
	Term Loan due 10/21/2019		35,000		-
	5.375% Senior Notes due 2015		-		129,255
	Capital leases		2,822		1,657
	Total debt		77,822		130,912
	Less current maturities		2,778		501
	Total long-term	$	75,044	$	130,411
Schedule of Maturities of Long-term Debt [Table Text Block]	Periods ending June 30,
	2015	$	252
	2016		3,341
	2017		3,304
	2018		2,816
	2019		2,396
	2020		2,380
	2021 and thereafter		63,333
	Total scheduled debt payments	$	77,822

Note_9_ShareBased_Compensation1

Note 9 - Share-Based Compensation (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Options	Shares
	Outstanding - June 30, 2014		1,323,376
	Granted		26,316
	Exercised		(306,716	)
	Canceled (forfeited/expired)		(212,625	)
	Outstanding - March 31, 2015		830,351
	Exercisable - March 31, 2015		500,777

Note_10_Earnings_Per_Share_Tab

Note 10 - Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]		Three months ended				Nine months ended
		March 31,				March 31,
		2015		2014		2015		2014
	Weighted average common shares outstanding for basic calculation		28,925		28,920		28,927		28,916
	Effect of dilutive stock options and other share-based awards		317		351		335		368
	Weighted average common shares outstanding adjusted for dilution calculation		29,242		29,271		29,262		29,284

Note_11_Accumulated_Other_Comp1

Note 11 - Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]		Foreign						Unrealized
		currency						gains and
		translation			Derivative			losses on
		adjustments			instruments			investments			Total
	Balance June 30, 2014	$	670		$	(39	)	$	11		$	642
	Changes before reclassifications	$	(3,058	)	$	-		$	(9	)	$	(3,067	)
	Amounts reclassified from accumulated	$	-		$	39		$	-		$	39
	other comprehensive income
	Current period other comprehensive income	$	(3,058	)	$	39		$	(9	)	$	(3,028	)
	Balance March 31, 2015	$	(2,388	)	$	-		$	2		$	(2,386	)

Note_12_Fair_Value_Measurement1

Note 12 - Fair Value Measurements (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	31-Mar-15
		Level 1		Level 2		Level 3		Balance
	Cash equivalents	$	66,445	$	-	$	-	$	66,445
	Available-for-sale securities		-		6,379		-		6,379
	Total	$	66,445	$	6,379	$	-	$	72,824
	30-Jun-14
		Level 1		Level 2		Level 3		Balance
	Cash equivalents	$	117,683	$	-	$	-	$	117,683
	Available-for-sale securities		-		18,153		-		18,153
	Total	$	117,683	$	18,153	$	-	$	135,836
Available-for-sale Securities [Table Text Block]	31-Mar-15
		Cost		Estimated Fair Value
	Due in one year or less	$	6,582	$	6,379
	Due after one year through five years	$	-	$	-
	30-Jun-14
		Cost		Estimated Fair Value
	Due in one year or less	$	16,049	$	15,863
	Due after one year through five years	$	2,296	$	2,290

Note_13_Segment_Information_Ta

Note 13 - Segment Information (Tables)	9 Months Ended
	Mar. 31, 2015
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]		Three months ended						Nine months ended
		March 31,						March 31,
		2015			2014			2015			2014
	Case Goods		35	%		38	%		34	%		35	%
	Upholstered Products		48	%		46	%		48	%		48	%
	Home Accents and Other		17	%		16	%		18	%		17	%
			100	%		100	%		100	%		100	%
Income Statement Section One [Member]
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]		Three months ended						Nine months ended
		March 31,						March 31,
		2015			2014			2015			2014
	Net sales:
	Wholesale segment	$	112,265		$	111,143		$	353,075		$	337,474
	Retail segment		129,460			131,813			427,710			425,136
	Elimination of inter-company sales		(68,466	)		(69,895	)		(219,753	)		(214,786	)
	Consolidated Total	$	173,259		$	173,061		$	561,032		$	547,824
	Operating income:
	Wholesale segment	$	14,450		$	13,009		$	49,147		$	43,507
	Retail segment		(5,126	)		(1,591	)		(411	)		2,411
	Adjustment of inter-company profit (1)		(98	)		(1,866	)		(1,380	)		(572	)
	Consolidated Total	$	9,226		$	9,552		$	47,356		$	45,346
	Depreciation & Amortization:
	Wholesale segment	$	1,942		$	2,018		$	6,031		$	5,824
	Retail segment		2,878			2,559			8,183			7,452
	Consolidated Total	$	4,820		$	4,577		$	14,214		$	13,276
	Capital expenditures:
	Wholesale segment	$	1,349		$	1,991		$	8,358		$	6,483
	Retail segment		3,064			2,039			9,170			6,105
	Acquisitions		-			-			1,991			-
	Consolidated Total	$	4,413		$	4,030		$	19,519		$	12,588
Total Assets [Member]
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]		March 31,			June 30,
		2015			2014
	Total Assets:
	Wholesale segment	$	282,521		$	339,271
	Retail segment		356,921			344,025
	Inventory profit elimination (2)		(30,404	)		(28,862	)
	Consolidated Total	$	609,038		$	654,434

Note_3_Income_Taxes_Details_Te

Note 3 - Income Taxes (Details Textual)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Effective Income Tax Rate Reconciliation, Percent	35.50%	32.50%	36.50%	35.30%

Note_4_Restricted_Cash_and_Inv1

Note 4 - Restricted Cash and Investments (Details Textual) (USD $)	Mar. 31, 2015	Jun. 30, 2014
Restricted Cash and Investments, Noncurrent	$8,000,000	$8,500,000
Other Assets [Member]
Restricted Cash and Investments, Noncurrent	$8,000,000	$8,500,000

Note_5_Marketable_Securities_D

Note 5 - Marketable Securities (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014	Jun. 30, 2014
Marketable Securities, Gain (Loss)	$0	$0	$0	$0
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities			0
Marketable Securities, Current	$6,379,000		$6,379,000		$18,153,000

Note_6_Inventories_Inventories

Note 6 - Inventories - Inventories Summary (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Finished goods	$120,399	$116,377
Work in process	10,831	8,355
Raw materials	26,692	24,347
Valuation allowance	-2,989	-2,804
	$154,933	$146,275

Note_7_Borrowings_Details_Text

Note 7 - Borrowings (Details Textual) (USD $)	0 Months Ended	1 Months Ended	9 Months Ended		1 Months Ended		24 Months Ended	1 Months Ended
	Oct. 21, 2014	Mar. 31, 2015	Mar. 31, 2015	Mar. 31, 2014	Mar. 18, 2015	Sep. 27, 2005	Jun. 30, 2013	Jan. 28, 2015	Jun. 30, 2014
Repayments of Long-term Debt			$133,459,000	$358,000
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	150,000,000
Debt Issuance Cost		1,500,000
Fixed Charge Coverage Ratio			1.3
Letters of Credit Outstanding, Amount		200,000	200,000						600,000
Line of Credit Facility, Remaining Borrowing Capacity		74,800,000	74,800,000						49,400,000
Senior Notes [Member]
Senior Notes						200,000,000
Debt Instrument, Interest Rate, Stated Percentage						5.38%
Proceeds from Issuance of Senior Long-term Debt						198,400,000
Repayments of Senior Debt							70,600,000
Repayments of Long-term Debt					129,400,000
Accrued Interest Paid					3,200,000
Payments of Debt Extinguishment Costs					3,500,000
Senior Notes [Member] | Cash Paid from Existing Cash Balances [Member]
Repayments of Long-term Debt					61,100,000
Senior Notes [Member] | Cash Paid from Senior Secured Revolving Credit and Term Loan Facility [Member]
Repayments of Long-term Debt					75,000,000
Interest and Other Income (Expense) [Member] | Senior Notes [Member]
Gains (Losses) on Extinguishment of Debt					3,700,000
Term Loan [Member]
Debt Instrument, Interest Rate, Effective Percentage		1.94%	1.94%
Debt Instrument, Amortization Period								15 years
Debt Covenant, Fixed Charge Coverage Ratio, Maximum Outstanding Term Loans								17,500,000
Term Loan [Member] | Average Availability Option B [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								1.00%
Term Loan [Member] | Minimum Availability Needed to Avoid Re-Triggering Fixed Charge Coverage Ratio Covenant [Member]
Debt Instrument, Covenant, Percentage of Total Revolving Credit								15.00%
Term Loan [Member] | Minimum Fixed Charge Coverage Ratio for Covenant to Cease to Apply [Member]
Fixed Charge Coverage Ratio								1.25
Term Loan [Member] | Minimum Fixed Charge Coverage Ratio for Year One [Member]
Fixed Charge Coverage Ratio								1
Term Loan [Member] | Minimum Fixed Charge Coverage Ratio Thereafter [Member]
Fixed Charge Coverage Ratio								1.1
Term Loan [Member] | Rent Adjusted Leverage Ratio Option [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate								0.50%
Term Loan [Member] | Maximum [Member] | Additional Margin on Variable Rate Option [Member]
Debt Instrument, Basis Spread on Variable Rate								1.25%
Term Loan [Member] | Maximum [Member] | Rent Adjusted Leverage Ratio Option [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								2.25%
Term Loan [Member] | Minimum [Member] | Additional Margin on Variable Rate Option [Member]
Debt Instrument, Basis Spread on Variable Rate								0.75%
Term Loan [Member] | Minimum [Member] | Rent Adjusted Leverage Ratio Option [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								1.75%
Letter of Credit [Member] | Maximum [Member]
Line of Credit Facility, Interest Rate During Period								1.75%
Letter of Credit [Member] | Minimum [Member]
Line of Credit Facility, Interest Rate During Period								1.50%
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity								115,000,000
Proceeds from Issuance of Long-term Debt		40,000,000
Line of Credit Facility, Interest Rate at Period End		1.81%	1.81%
Debt Instrument, Covenant, Percentage of Total Revolving Credit								20.00%
Revolving Credit Facility [Member] | Average Availability Option B [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate								0.50%
Revolving Credit Facility [Member] | Average Availability Option B [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								1.00%
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage								0.25%
Revolving Credit Facility [Member] | Maximum [Member] | Additional Margin on Variable Rate Option [Member]
Debt Instrument, Basis Spread on Variable Rate								0.75%
Revolving Credit Facility [Member] | Maximum [Member] | Average Availability Option [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								1.75%
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage								0.15%
Revolving Credit Facility [Member] | Minimum [Member] | Additional Margin on Variable Rate Option [Member]
Debt Instrument, Basis Spread on Variable Rate								0.50%
Revolving Credit Facility [Member] | Minimum [Member] | Average Availability Option [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate								1.50%
Term Loan [Member]
Line of Credit Facility, Maximum Borrowing Capacity								35,000,000
Proceeds from Issuance of Long-term Debt		35,000,000
Term Loan [Member] | Maximum [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$50,000,000

Note_7_Borrowings_Total_Debt_O

Note 7 - Borrowings - Total Debt Obligations (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Long-term Debt	$77,822	$130,912
Capital leases	2,822	1,657
Less current maturities	2,778	501
Total long-term	75,044	130,411
Senior Notes [Member]
Long-term Debt		129,255
Term Loan [Member]
Long-term Debt	35,000
Revolving Credit Facility [Member]
Long-term Debt	$40,000

Note_7_Borrowings_Aggregate_Sc

Note 7 - Borrowings - Aggregate Scheduled Maturities of Debt (Details) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
2015	$252
2016	3,341
2017	3,304
2018	2,816
2019	2,396
2020	2,380
2021 and thereafter	63,333
Total scheduled debt payments	$77,822

Note_9_ShareBased_Compensation2

Note 9 - Share-Based Compensation (Details Textual)	9 Months Ended
	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Contractual Term	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,547,187

Note_9_ShareBased_Compensation3

Note 9 - Share-Based Compensation - Share-based Compensation, Stock Options, Activity (Details)	9 Months Ended
	Mar. 31, 2015
Outstanding - June 30, 2014 (in shares)	1,323,376
Granted (in shares)	26,316
Exercised (in shares)	-306,716
Canceled (forfeited/expired) (in shares)	-212,625
Outstanding - March 31, 2015 (in shares)	830,351
Exercisable - March 31, 2015 (in shares)	500,777

Note_10_Earnings_Per_Share_Det

Note 10 - Earnings Per Share (Details Textual)	9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	422,658	620,392

Note_10_Earnings_per_Share_Cal

Note 10 - Earnings per Share - Calculation of Weighted Average Shares (Details)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Weighted average common shares outstanding for basic calculation (in shares)	28,925	28,920	28,927	28,916
Effect of dilutive stock options and other share-based awards (in shares)	317	351	335	368
Weighted average common shares outstanding adjusted for dilution calculation (in shares)	29,242	29,271	29,262	29,284

Note_11_Accumulated_Other_Comp2

Note 11 - Accumulated Other Comprehensive Income - Activity in Accumulated Other Comprehensive Income (Details) (USD $)	3 Months Ended	9 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
Balance June 30, 2014		$642,000
Changes before reclassifications		-3,067,000
Amounts reclassified from accumulated other comprehensive income		39,000
Current period other comprehensive income	-943,000	-2,991,000
Balance March 31, 2015	-2,386,000	-2,386,000
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Balance June 30, 2014		-39,000
Changes before reclassifications		0
Amounts reclassified from accumulated other comprehensive income		39,000
Current period other comprehensive income		39,000
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Balance June 30, 2014		11,000
Changes before reclassifications		-9,000
Amounts reclassified from accumulated other comprehensive income		0
Current period other comprehensive income		-9,000
Balance March 31, 2015	2,000	2,000
Accumulated Translation Adjustment [Member]
Balance June 30, 2014		670,000
Changes before reclassifications		-3,058,000
Amounts reclassified from accumulated other comprehensive income		0
Current period other comprehensive income		-3,058,000
Balance March 31, 2015	($2,388,000)	($2,388,000)

Note_12_Fair_Value_Measurement2

Note 12 - Fair Value Measurements (Details Textual) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2015	Mar. 31, 2014	Jun. 30, 2014
Available-for-sale Securities, Gross Unrealized Gain (Loss)		$0		$0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	0	0
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities		0
Impairment of Long-Lived Assets to be Disposed of	800,000		0
Restricted Cash and Investments, Noncurrent	8,000,000	8,000,000		8,500,000
Municipal Debt Securities, at Carrying Value	$6,400,000	$6,400,000		$18,200,000

Note_12_Fair_Value_Measurement3

Note 12 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
In Thousands, unless otherwise specified
Cash equivalents	$66,445	$117,683
Available-for-sale securities	6,379	18,153
Total	72,824	135,836
Fair Value, Inputs, Level 1 [Member]
Cash equivalents	66,445	117,683
Total	66,445	117,683
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	6,379	18,153
Total	$6,379	$18,153

Note_12_Fair_Value_Measurement4

Note 12 - Fair Value Measurements - Contractual Maturities of Available-for-sale Investments (Details) (USD $)	Mar. 31, 2015	Jun. 30, 2014
Due in one year or less	$6,582,000	$16,049,000
Due in one year or less	6,379,000	15,863,000
Due after one year through five years	0	2,296,000
Due after one year through five years	$0	$2,290,000

Note_13_Segment_Information_De

Note 13 - Segment Information (Details Textual)	9 Months Ended
	Mar. 31, 2015
Number of Operating Segments	2

Note_13_Segment_Information_Wh

Note 13 - Segment Information - Wholesale Sales by Product Line (Details) (Wholesale Segment [Member])	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Wholesale sales, percentage	100.00%	100.00%	100.00%	100.00%
Case Goods [Member]
Wholesale sales, percentage	35.00%	38.00%	34.00%	35.00%
Home Accessories and Other [Member]
Wholesale sales, percentage	17.00%	16.00%	18.00%	17.00%
Upholstered Products [Member]
Wholesale sales, percentage	48.00%	46.00%	48.00%	48.00%

Note_13_Segment_Information_In

Note 13 - Segment Information - Income by Segment (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014		Mar. 31, 2015		Mar. 31, 2014
Net Sales	$173,259		$173,061		$561,032		$547,824
Operating Income	9,226		9,552		47,356		45,346
Depreciation and Amortization	4,820		4,577		14,214		13,276
Capital Expenditures	4,413		4,030		19,519		12,588
Acquisitions [Member]
Capital Expenditures					1,991
Retail Segment [Member]
Depreciation and Amortization	2,878		2,559		8,183		7,452
Capital Expenditures	3,064		2,039		9,170		6,105
Wholesale Segment [Member]
Depreciation and Amortization	1,942		2,018		6,031		5,824
Capital Expenditures	1,349		1,991		8,358		6,483
Intersegment Eliminations [Member]
Net Sales	-68,466		-69,895		-219,753		-214,786
Operating Income	-98	[1]	-1,866	[1]	-1,380	[1]	-572	[1]
Operating Segments [Member] | Retail Segment [Member]
Net Sales	129,460		131,813		427,710		425,136
Operating Income	-5,126		-1,591		-411		2,411
Operating Segments [Member] | Wholesale Segment [Member]
Net Sales	112,265		111,143		353,075		337,474
Operating Income	$14,450		$13,009		$49,147		$43,507
[1]	Represents the change in wholesale profit contained in the retail segment inventory at the end of the period.

Note_13_Segment_Information_As

Note 13 - Segment Information - Assets by Segment (Details) (USD $)	Mar. 31, 2015		Jun. 30, 2014
In Thousands, unless otherwise specified
Assets	$609,038		$654,434
Inventory Profit Elimination [Member]
Assets	-30,404	[1]	-28,862	[1]
Retail Segment [Member]
Assets	356,921		344,025
Wholesale Segment [Member]
Assets	$282,521		$339,271
[1]	Represents the wholesale profit contained in the retail segment inventory that has not yet been realized. These profits are realized when the related inventory is sold.

Note_15_Subsequent_Events_Deta

Note 15 - Subsequent Events (Details Textual) (Subsequent Event [Member])	0 Months Ended
	Apr. 13, 2015
Subsequent Event [Member]
Stock Repurchase Program, Additional Number of Shares Authorized to be Repurchased	2,000,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	2,997,724