Ethan Allen Interiors (ETD) 10-Q 27 Oct 21 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2021	Oct. 20, 2021
Document Information [Line Items]
Entity Central Index Key	0000896156
Entity Registrant Name	ETHAN ALLEN INTERIORS INC
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	1-11692
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	06-1275288
Entity Address, Address Line One	25 Lake Avenue Ext.
Entity Address, City or Town	Danbury
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06811-5286
City Area Code	203
Local Phone Number	743-8000
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	ETD
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		25,260,036

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
ASSETS
Cash and cash equivalents	$ 93,665	$ 104,596
Accounts receivable, net	7,942	9,026
Inventories, net	158,735	143,978
Prepaid expenses and other current assets	40,500	37,679
Total current assets	300,842	295,279
Property, plant and equipment, net	228,144	231,446
Goodwill	25,388	25,388
Intangible assets	19,740	19,740
Operating lease right-of-use assets	101,831	108,730
Deferred income taxes	822	1,078
Other assets	1,527	1,584
Total ASSETS	678,294	683,245
Current liabilities:
Accounts payable and accrued expenses	36,463	37,786
Customer deposits and deferred revenue	140,198	130,635
Accrued compensation and benefits	19,885	23,866
Current operating lease liabilities	27,433	27,395
Other current liabilities	8,788	4,220
Total current liabilities	232,767	223,902
Operating lease liabilities, long-term	89,948	97,911
Deferred income taxes	5,523	5,028
Other long-term liabilities	5,010	4,986
Total LIABILITIES	333,248	331,827
Commitments and contingencies (see Note 16)
SHAREHOLDERS' EQUITY
Preferred stock, $0.01 par value; 1,055 shares authorized; none issued	0	0
Common stock, $0.01 par value, 150,000 shares authorized, 49,295 and 49,240 shares issued; 25,260 and 25,237 shares outstanding at September 30, 2021 and June 30, 2021, respectively	493	492
Additional paid-in capital	382,804	382,527
Treasury stock, at cost: 24,035 and 24,003 shares at September 30, 2021 and June 30, 2021, respectively	(681,770)	(680,991)
Retained earnings	650,127	655,346
Accumulated other comprehensive loss	(6,584)	(5,931)
Total Ethan Allen Interiors Inc. shareholders' equity	345,070	351,443
Noncontrolling interests	(24)	(25)
Total shareholders' equity	345,046	351,418
Total LIABILITIES AND SHAREHOLDERS' EQUITY	$ 678,294	$ 683,245

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares shares in Thousands	Sep. 30, 2021	Jun. 30, 2021
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,055	1,055
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000	150,000
Common stock, shares issues (in shares)	49,295	49,240
Common stock, shares outstanding (in shares)	25,260	25,237
Treasury stock, shares (in shares)	24,035	24,003

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Net sales	$ 182,327	$ 151,058
Cost of sales	73,135	65,288
Gross profit	109,192	85,770
Selling, general and administrative expenses	81,577	73,466
Restructuring and other impairment charges, net of gains	255	623
Operating income	27,360	11,681
Other expenses
Interest and other financing costs	48	335
Other income (expense), net	28	(105)
Income before income taxes	27,340	11,241
Income Tax Expense (Benefit), Total	7,187	1,888
Net income	$ 20,153	$ 9,353
Basic earnings per common share:
Net income per basic share (in dollars per share)	$ 0.79	$ 0.37
Basic weighted average common shares (in shares)	25,375	25,179
Diluted earnings per common share:
Net income per diluted share (in dollars per share)	$ 0.79	$ 0.37
Diluted weighted average common shares (in shares)	25,451	25,206
Comprehensive income
Net income	$ 20,153	$ 9,353
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	(653)	556
Other	1	(9)
Other comprehensive income, net of tax	(652)	547
Comprehensive income	$ 19,501	$ 9,900

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash Flows from Operating Activities
Net income	$ 20,153	$ 9,353
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,325	4,140
Share-based compensation expense	277	254
Non-cash operating lease cost	7,473	7,492
Deferred income taxes	751	(1,425)
Restructuring and other impairment charges, net of gains	255	623
Restructuring payments	(417)	(59)
Loss on disposal of property, plant and equipment	5	0
Other	(10)	(36)
Change in operating assets and liabilities
Accounts receivable, net	1,084	(5,149)
Inventories, net	(14,757)	(946)
Prepaid expenses and other current assets	(2,808)	(6,717)
Customer deposits and deferred revenue	9,563	25,877
Accounts payable and accrued expenses	(1,184)	8,111
Accrued compensation and benefits	(3,971)	6,042
Operating lease liabilities	(8,521)	(8,390)
Other assets and liabilities	4,771	3,020
Net cash provided by operating activities	16,989	42,190
Cash Flows from Investing Activities
Capital expenditures	(1,529)	(2,439)
Net cash used in investing activities	(1,529)	(2,439)
Cash Flows from Financing Activities
Payments on borrowings	0	(50,000)
Payment of cash dividends	(25,372)	0
Payments on financing leases	(132)	(148)
Taxes paid related to net share settlement of equity awards	(778)	0
Net cash used in financing activities	(26,282)	(50,148)
Effect of exchange rate changes on cash and cash equivalents	(109)	94
Net decrease in cash and cash equivalents	(10,931)	(10,303)
Cash and cash equivalents at beginning of period	104,596	72,276
Cash and cash equivalents at end of period	$ 93,665	$ 61,973

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Jun. 30, 2020	49,053		24,000
Balance at Jun. 30, 2020	$ 491	$ 378,300	$ (680,916)	$ (8,441)	$ 638,631	$ (1)	$ 328,064
Net income	0	0	0	0	9,353	0	9,353
Share-based compensation expense	0	254	0	0	0	0	254
Cash dividends declared	0	0	0	0	(5,287)	0	(5,287)
Other comprehensive income (loss)	$ 0	0	$ 0	556	0	(9)	547
Balance (in shares) at Sep. 30, 2020	49,053		24,000
Balance at Sep. 30, 2020	$ 491	378,554	$ (680,916)	(7,885)	642,697	(10)	332,931
Balance (in shares) at Jun. 30, 2021	49,240		24,003
Balance at Jun. 30, 2021	$ 492	382,527	$ (680,991)	(5,931)	655,346	(25)	351,418
Net income	0	0	0	0	20,153	0	20,153
Share-based compensation expense	$ 0	277	$ 0	0	0	0	277
Restricted stock vesting (in shares)	55		32
Restricted stock vesting	$ 1	0	$ (779)	0	0	0	(778)
Cash dividends declared	0	0	0	0	(25,372)	0	(25,372)
Other comprehensive income (loss)	$ 0	0	$ 0	(653)	0	1	(652)
Balance (in shares) at Sep. 30, 2021	49,295		24,035
Balance at Sep. 30, 2021	$ 493	$ 382,804	$ (681,770)	$ (6,584)	$ 650,127	$ (24)	$ 345,046

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Business	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Nature of Operations [Text Block]	( 1 Organization and Nature of Business Organization Founded in 1932 1989, Nature of Business We are a global luxury home fashion brand that is vertically integrated from design through delivery, which offers our customers stylish product offerings, artisanal quality, and personalized service. We provide complimentary interior design service to our clients and sell a full range of home furnishings through a retail network of approximately 300 Ethan Allen design centers represent a mix of locations operated by independent licensees and Company-operated locations. As of September 30, 2021, 141 136 five 160 nine one one Impact of the COVID- 19 Pandemic Upon our Financial Condition and Results of Operations We have been and continue to be impacted by the COVID- 19 second However, we continue to experience ongoing logistical challenges that we, as well as the entire home furnishings industry, have faced resulting from COVID- 19 19 no 19 third Although we actively manage the impact of the ongoing COVID- 19 19 may 19

Note 2 - Interim Basis of Prese

Note 2 - Interim Basis of Presentation	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	( 2 Interim Basis of Presentation Principles of Consolidation Ethan Allen conducts business globally and has strategically aligned its business into two reportable segments: Wholesale and Retail. These two Other income (expense), net three September 30, 2021 not may 2021 10 “2021 10 Use of Estimates We prepare our consolidated financial statements in accordance with generally accepted accounting principles in the United States (“GAAP”), 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 net sales 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 Reclassifications The Company reclassified in the Consolidated Statement of Comprehensive Income certain prior year comparative figures from Interest (expense), net of interest income Interest and other financing costs Other income (expense), net not The Company has evaluated subsequent events through the date that the financial statements were issued.

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 3 Recent Accounting Pronouncements New Accounting Standards or Updates Adopted in Fiscal 2022 Simplifying the Accounting for Income Taxes. December 2019, 2019 12, Income Taxes (Topic 740 740 first 2022 not Recent Accounting Standards or Updates Not There were no not first 2022. No September 30, 2021

Note 4 - Revenue Recognition

Note 4 - Revenue Recognition	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	( 4 Revenue Recognition Our reported revenue (net sales) consists substantially of product sales. We report product sales net of discounts and recognize them at the point in time when control transfers to the customer. For sales to our customers in our wholesale segment, control typically transfers when the product is shipped. The majority of our shipping agreements are freight-on-board shipping point and risk of loss transfers to our wholesale customer once the product is out of our control. Accordingly, revenue is recognized for product shipments on third third one not not Shipping and Handling. Sales Taxes. not Accounts payable and accrued expenses Returns and Allowances. Prepaid expenses and other current assets Other current liabilities September 30, 2021 June 30, 2021, Commissions. Prepaid expenses and other current assets September 30, 2021, 2022 Selling, general and administrative expenses Customer Deposits. Customer deposits and deferred revenue June 30, 2021, three September 30, 2021. September 30, 2021. The following table disaggregates our net sales by product category by segment for the three September 30, 2021 ( Wholesale Retail Eliminations (1) Total Upholstery (2) $ 60,003 $ 76,294 $ (41,875 ) $ 94,422 Case goods (3) 33,519 41,455 (22,990 ) 51,984 Accents (4) 17,445 31,217 (17,242 ) 31,420 Other (5) (1,519 ) 6,020 - 4,501 Total $ 109,448 $ 154,986 $ (82,107 ) $ 182,327 The following table disaggregates our net sales by product category by segment for the three September 30, 2020 ( Wholesale Retail Eliminations (1) Total Upholstery (2) $ 52,735 $ 57,685 $ (32,178 ) $ 78,242 Case goods (3) 28,739 32,918 (18,664 ) 42,993 Accents (4) 17,196 24,313 (13,515 ) 27,994 Other (5) (1,336 ) 3,165 - 1,829 Total $ 97,334 $ 118,081 $ (64,357 ) $ 151,058 ( 1 The Eliminations column in the tables above represents the elimination of all intercompany wholesale segment sales to the retail segment in each period presented. ( 2 Upholstery includes fabric-covered items such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics and leather. ( 3 Case goods includes items such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture and wooden accents. ( 4 Accents includes items such as window treatments and drapery hardware, wall décor, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings and home and garden furnishings. ( 5 Other includes product delivery sales, the Ethan Allen Hotel revenues, sales of third

Note 5 - Fair Value Measurement

Note 5 - Fair Value Measurements	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	( 5 Fair Value Measurements Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. In determining fair value, the use of various valuation methodologies, including market, income and cost approaches is permissible. We consider the principal or most advantageous market in which it would transact and assumptions that market participants would use when pricing the asset or liability. Fair Value Hierarchy. 1 September 30, 2021 June 30, 2021, not 2 no 3 September 30, 2021 June 30, 2021. Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis. not 2022. not 2022 2021, no Assets and Liabilities Measured at Fair Value for Disclosure Purposes Only. no September 30, 2021 June 30, 2021.

Note 6 - Leases

Note 6 - Leases	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Lessee, Leases [Text Block]	( 6 Leases We have operating leases for many of our design centers that expire at various dates through fiscal 2040. three five not The Company's lease terms and discount rates are as follows: September 30, 2021 2020 Weighted average remaining lease term (in years) Operating leases 6.0 6.4 Financing leases 2.4 1.6 Weighted average discount rate Operating leases 4.2 % 4.2 % Financing leases 2.2 % 4.4 % The following table discloses the location and amount of our operating and financing lease costs within our consolidated statements of comprehensive income (in thousands): Three months ended September 30, Statement of Comprehensive Income Location 2021 2020 Operating lease cost (1) Selling, general and administrative (“SG&A”) expenses $ 7,473 $ 7,492 Financing lease cost Depreciation of property SG&A expenses 126 151 Interest on lease liabilities Interest and other financing costs 7 5 Short-term lease cost (2) SG&A expenses 308 159 Variable lease cost (3) SG&A expenses 2,313 2,262 Less: Sublease income SG&A expenses (414 ) (438 ) Total lease expense $ 9,813 $ 9,631 ( 1 Lease expense for operating leases consists of both fixed and variable components. Expense related to fixed lease payments are recognized on a straight-line basis over the lease term. ( 2 Leases with an initial term of 12 not ( 3 Variable lease payments are generally expensed as incurred, where applicable, and include certain index-based changes in rent, certain non-lease components, such as maintenance, real estate taxes, insurance and other services provided by the lessor, and other charges included in the lease. In addition, certain of our equipment lease agreements include variable lease payments, which are based on the usage of the underlying asset. The variable portion of payments are not The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable leases with terms of more than one September 30, 2021 ( Fiscal Year Operating Leases Financing Leases 2022 (remaining nine months) $ 24,497 $ 391 2023 25,850 490 2024 20,922 320 2025 17,334 8 2026 13,780 - Thereafter 31,698 - Total undiscounted future minimum lease payments 134,081 1,209 Less: imputed interest (16,700 ) (30 ) Total present value of lease obligations (1) $ 117,381 $ 1,179 ( 1 Excludes future commitments under short-term operating lease agreements of $0.5 million as of September 30, 2021. As of September 30, 2021, two not not three two seven ten September 30, 2021, not not Other supplemental information for our leases is as follows (in thousands): Three months ended September 30, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 8,521 $ 8,390 Operating cash flows from financing leases $ 132 $ 148 Operating lease assets obtained in exchange for operating lease liabilities $ (624 ) $ 4,477 There were no three September 30, 2021 2020, .

Note 7 - Inventories

Note 7 - Inventories	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Inventory Disclosure [Text Block]	( 7 Inventories Inventories are summarized as follows (in thousands): September 30, June 30, 2021 2021 Finished goods $ 117,631 $ 106,924 Work in process 13,147 11,612 Raw materials 30,952 28,235 Inventory reserves (2,995 ) (2,793 ) Inventories, net $ 158,735 $ 143,978

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangible Assets	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	( 8 Goodwill and Intangible Assets Our goodwill and intangible assets are comprised of goodwill, which represents the excess of cost over the fair value of net assets acquired, and our Ethan Allen trade name and related trademarks. At September 30, 2021 June 30, 2021, Both goodwill and indefinite-lived intangible assets are not fourth

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 9 Income Taxes We recorded income tax expense of $7.2 million in the first 2022 first 2022 first As of September 30, 2021, June 30, 2021. We recognize interest and penalties related to income tax matters as a component of income tax expense. As of September 30, 2021, June 30, 2021. September 30, 2021 12

Note 10 - Credit Agreement

Note 10 - Credit Agreement	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	( 10 Credit Agreement On December 21, 2018, December 21, 2023. 2019, 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 2.0%, or (b) the higher of (i) the prime rate, (ii) the federal funds effective rate plus 0.5%, or (iii) LIBOR plus 1.0% plus in each case 0.5% to 1.0%. The availability of credit at any given time under the Facility will be constrained by the terms and conditions of the Facility, including the amount of collateral available, a borrowing base formula based upon numerous factors, including the value of eligible inventory and accounts receivable, and other restrictions contained in the Facility. All obligations under the Facility are secured by assets of the Loan Parties, including inventory, receivables, and certain types of intellectual property. Borrowings. March 2020 one June 2020 September 2020 September 30, 2021 June 30, 2021. first Letters of Credit. September 30, 2021 June 30, 2021, $5.0 Total borrowing base availability under the Facility was $89.6 million at September 30, 2021 June 30, 2021. Covenants and Other Ratios. may The Facility does not twelve September 30, 2021 June 30, 2021,

Note 11 - Restructuring and Oth

Note 11 - Restructuring and Other Impairment Activities	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	( 11 Restructuring and Other Impairment Activities Restructuring and other impairment charges, net of gains, were as follows (in thousands): Three months ended 2021 2020 Optimization of manufacturing and logistics (1) $ 111 $ - Severance and other charges (2) 144 - Impairment of long-lived assets (3) - 623 Total Restructuring and other impairment charges, net of gains $ 255 $ 623 ( 1 Over the past three Restructuring and other impairment charges, net of gains ( 2 We recorded $0.1 million of charges primarily related to severance for employees at our Atoka distribution center and certain associates in our retail segment. These charges were recorded in the consolidated statement of comprehensive income within the line item Restructuring and other impairment charges, net of gains. ( 3 In the prior year first $0.6 Restructuring and other impairment charges, net of gains. Restructuring payments made by the Company during the first 2022 September 30, 2021,

Note 12 - Earnings Per Share

Note 12 - Earnings Per Share	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	( 12 Earnings Per Share Basic and diluted earnings per share (“EPS”) are calculated using the following weighted average share data (in thousands): Three months ended September 30, 2021 2020 Weighted average shares outstanding for basic calculation 25,375 25,179 Dilutive effect of stock options and other share-based awards 76 27 Weighted average shares outstanding adjusted for dilution calculation 25,451 25,206 Dilutive potential common shares consist of stock options, restricted stock units and performance units. As of September 30, 2021 2020, As of September 30, 2021 2020, .

Note 13 - Accumulated Other Com

Note 13 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	( 13 Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) consists of foreign currency translation adjustments which are the result of changes in foreign currency exchange rates related to our operations in Canada, Honduras and Mexico. Assets and liabilities are translated into U.S. dollars using the current period-end exchange rate and income and expense amounts are translated using the average exchange rate for the period in which the transaction occurred. The following table sets forth the activity in accumulated other comprehensive loss (in thousands). 2021 2020 Beginning balance at July 1 $ (5,931 ) $ (8,441 ) Other comprehensive income (loss), net of tax (652 ) 547 Less AOCI attributable to noncontrolling interests (1 ) 9 Ending balance at September 30 $ (6,584 ) $ (7,885 )

Note 14 - Share-based Compensat

Note 14 - Share-based Compensation	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	( 14 Share-Based Compensation We recognized total share-based compensation expense of $0.3 million during the three September 30, 2021 2020, September 30, 2021 , no three September 30, 2021 2020, At September 30, 2021, Stock Option Activity Employee Stock Option Grants. three September 30, 2021 2020. Non-Employee Stock Option Grants. first 2022, first three first ten As of September 30, 2021, Restricted Stock Unit Activity During the first three 2022, not four first three 2021, During the first 2022, August 2020. September 30, 2021, September 30, 2021, Performance Stock Unit Activity Payout of performance stock unit (“PSU”) grants depend on the attainment of certain financial and shareholder-return goals over a specific performance period, which is generally three three three During the first three 2022 first not one During the first 2022, July 2018, September 30, 2021, September 30, 2021,

Note 15 - Segment Information

Note 15 - Segment Information	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 15 Segment Information Our operating segments are aligned with how the Company, including our chief operating decision maker, manages the business. As such, our reportable operating segments are the wholesale segment and the retail segment. Our wholesale and retail operating segments represent strategic business areas of our vertically integrated enterprise that operate separately and provide their own distinctive services. This vertical structure enables us to offer our complete line of home furnishings and accents more effectively while controlling quality and cost. We evaluate performance of the respective segments based upon revenues and operating income. Inter-segment transactions result, primarily, from the wholesale sale of inventory to the retail segment, including the related profit margin. We account for intersegment sales transactions between our segments consistent with independent third - third - As of September 30, 2021, 160 third first 2022 Segment information is provided below (in thousands): Three months ended September 30, 2021 2020 Net sales Wholesale segment $ 109,448 $ 97,334 Less: intersegment sales (82,107 ) (64,357 ) Wholesale sales to external customers 27,341 32,977 Retail segment 154,986 118,081 Consolidated total $ 182,327 $ 151,058 Income before income taxes Wholesale segment $ 12,819 $ 13,138 Retail segment 14,345 1,983 Elimination of intercompany profit (a) 196 (3,440 ) Operating income 27,360 11,681 Interest and other financing costs 48 335 Other income (expense), net 28 (105 ) Consolidated total $ 27,340 $ 11,241 Depreciation and amortization Wholesale segment $ 1,640 $ 1,704 Retail segment 2,685 2,436 Consolidated total $ 4,325 $ 4,140 Capital expenditures Wholesale segment $ 1,088 $ 1,042 Retail segment 441 1,397 Consolidated total $ 1,529 $ 2,439 (a) Represents the change in wholesale profit contained in the retail segment inventory at the end of the period. (in thousands) September 30, June 30, Total Assets 2021 2021 Wholesale segment $ 295,823 $ 298,332 Retail segment 409,615 412,066 Inventory profit elimination (a) (27,144 ) (27,153 ) Consolidated total $ 678,294 $ 683,245 (a) Represents the wholesale profit contained in the retail segment inventory that has not

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	3 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 16 Commitments and Contingencies Commitments represent obligations, such as those for future purchases of goods or services that are not Material Cash Requirements from Contractual Obligations. 2021 10 June 30, 2021, no 2021 10 Legal Matters. 450, Contingencies. September 30, 2021 ,

Note 4 - Revenue Recognition (T

Note 4 - Revenue Recognition (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Wholesale Retail Eliminations (1) Total Upholstery (2) $ 60,003 $ 76,294 $ (41,875 ) $ 94,422 Case goods (3) 33,519 41,455 (22,990 ) 51,984 Accents (4) 17,445 31,217 (17,242 ) 31,420 Other (5) (1,519 ) 6,020 - 4,501 Total $ 109,448 $ 154,986 $ (82,107 ) $ 182,327 Wholesale Retail Eliminations (1) Total Upholstery (2) $ 52,735 $ 57,685 $ (32,178 ) $ 78,242 Case goods (3) 28,739 32,918 (18,664 ) 42,993 Accents (4) 17,196 24,313 (13,515 ) 27,994 Other (5) (1,336 ) 3,165 - 1,829 Total $ 97,334 $ 118,081 $ (64,357 ) $ 151,058

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Lease, Cost [Table Text Block]	September 30, 2021 2020 Weighted average remaining lease term (in years) Operating leases 6.0 6.4 Financing leases 2.4 1.6 Weighted average discount rate Operating leases 4.2 % 4.2 % Financing leases 2.2 % 4.4 % Three months ended September 30, Statement of Comprehensive Income Location 2021 2020 Operating lease cost (1) Selling, general and administrative (“SG&A”) expenses $ 7,473 $ 7,492 Financing lease cost Depreciation of property SG&A expenses 126 151 Interest on lease liabilities Interest and other financing costs 7 5 Short-term lease cost (2) SG&A expenses 308 159 Variable lease cost (3) SG&A expenses 2,313 2,262 Less: Sublease income SG&A expenses (414 ) (438 ) Total lease expense $ 9,813 $ 9,631
Lessee, Leases, Liability, Maturity [Table Text Block]	Fiscal Year Operating Leases Financing Leases 2022 (remaining nine months) $ 24,497 $ 391 2023 25,850 490 2024 20,922 320 2025 17,334 8 2026 13,780 - Thereafter 31,698 - Total undiscounted future minimum lease payments 134,081 1,209 Less: imputed interest (16,700 ) (30 ) Total present value of lease obligations (1) $ 117,381 $ 1,179
Lease, Supplemental Lease Information [Table Text Block]	Three months ended September 30, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 8,521 $ 8,390 Operating cash flows from financing leases $ 132 $ 148 Operating lease assets obtained in exchange for operating lease liabilities $ (624 ) $ 4,477

Note 7 - Inventories (Tables)

Note 7 - Inventories (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, June 30, 2021 2021 Finished goods $ 117,631 $ 106,924 Work in process 13,147 11,612 Raw materials 30,952 28,235 Inventory reserves (2,995 ) (2,793 ) Inventories, net $ 158,735 $ 143,978

Note 11 - Restructuring and O_2

Note 11 - Restructuring and Other Impairment Activities (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Three months ended 2021 2020 Optimization of manufacturing and logistics (1) $ 111 $ - Severance and other charges (2) 144 - Impairment of long-lived assets (3) - 623 Total Restructuring and other impairment charges, net of gains $ 255 $ 623

Note 12 - Earnings Per Share (T

Note 12 - Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended September 30, 2021 2020 Weighted average shares outstanding for basic calculation 25,375 25,179 Dilutive effect of stock options and other share-based awards 76 27 Weighted average shares outstanding adjusted for dilution calculation 25,451 25,206

Note 13 - Accumulated Other C_2

Note 13 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	2021 2020 Beginning balance at July 1 $ (5,931 ) $ (8,441 ) Other comprehensive income (loss), net of tax (652 ) 547 Less AOCI attributable to noncontrolling interests (1 ) 9 Ending balance at September 30 $ (6,584 ) $ (7,885 )

Note 15 - Segment Information (

Note 15 - Segment Information (Tables)	3 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended September 30, 2021 2020 Net sales Wholesale segment $ 109,448 $ 97,334 Less: intersegment sales (82,107 ) (64,357 ) Wholesale sales to external customers 27,341 32,977 Retail segment 154,986 118,081 Consolidated total $ 182,327 $ 151,058 Income before income taxes Wholesale segment $ 12,819 $ 13,138 Retail segment 14,345 1,983 Elimination of intercompany profit (a) 196 (3,440 ) Operating income 27,360 11,681 Interest and other financing costs 48 335 Other income (expense), net 28 (105 ) Consolidated total $ 27,340 $ 11,241 Depreciation and amortization Wholesale segment $ 1,640 $ 1,704 Retail segment 2,685 2,436 Consolidated total $ 4,325 $ 4,140 Capital expenditures Wholesale segment $ 1,088 $ 1,042 Retail segment 441 1,397 Consolidated total $ 1,529 $ 2,439 (in thousands) September 30, June 30, Total Assets 2021 2021 Wholesale segment $ 295,823 $ 298,332 Retail segment 409,615 412,066 Inventory profit elimination (a) (27,144 ) (27,153 ) Consolidated total $ 678,294 $ 683,245

Note 1 - Organization and Nat_2

Note 1 - Organization and Nature of Business (Details Textual)	12 Months Ended
	Jun. 30, 2021
Geographic Concentration Risk [Member] | Product Production [Member] | North America [Member]
Concentration Risk, Percentage	75.00%

Note 2 - Interim Basis of Pre_2

Note 2 - Interim Basis of Presentation (Details Textual)	12 Months Ended
	Jun. 30, 2021
Number of Reportable Segments	2

Note 4 - Revenue Recognition (D

Note 4 - Revenue Recognition (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021
Contract with Customer, Asset, after Allowance for Credit Loss, Current, Total	$ 24.9
Contract with Customer, Liability, Total	139.2	$ 129.8
Contract with Customer, Liability, Revenue Recognized	$ 68.7

Note 4 - Revenue Recognition -

Note 4 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Revenues		$ 182,327	$ 151,058
Upholstery Furniture [Member]
Revenues	[1]	94,422	78,242
Case Goods Furniture [Member]
Revenues	[2]	51,984	42,993
Accent [Member]
Revenues	[3]	31,420	27,994
Manufactured Product, Other [Member]
Revenues	[4]	4,501	1,829
Consolidation, Eliminations [Member]
Revenues	[5]	(82,107)	(64,357)
Consolidation, Eliminations [Member] | Upholstery Furniture [Member]
Revenues	[1],[5]	(41,875)	(32,178)
Consolidation, Eliminations [Member] | Case Goods Furniture [Member]
Revenues	[2],[5]	(22,990)	(18,664)
Consolidation, Eliminations [Member] | Accent [Member]
Revenues	[3],[5]	(17,242)	(13,515)
Consolidation, Eliminations [Member] | Manufactured Product, Other [Member]
Revenues	[4],[5]	0	0
Wholesale Segment [Member] | Operating Segments [Member]
Revenues		109,448	97,334
Wholesale Segment [Member] | Operating Segments [Member] | Upholstery Furniture [Member]
Revenues	[1]	60,003	52,735
Wholesale Segment [Member] | Operating Segments [Member] | Case Goods Furniture [Member]
Revenues	[2]	33,519	28,739
Wholesale Segment [Member] | Operating Segments [Member] | Accent [Member]
Revenues	[3]	17,445	17,196
Wholesale Segment [Member] | Operating Segments [Member] | Manufactured Product, Other [Member]
Revenues	[4]	(1,519)	(1,336)
Retail Segment [Member] | Operating Segments [Member]
Revenues		154,986	118,081
Retail Segment [Member] | Operating Segments [Member] | Upholstery Furniture [Member]
Revenues	[1]	76,294	57,685
Retail Segment [Member] | Operating Segments [Member] | Case Goods Furniture [Member]
Revenues	[2]	41,455	32,918
Retail Segment [Member] | Operating Segments [Member] | Accent [Member]
Revenues	[3]	31,217	24,313
Retail Segment [Member] | Operating Segments [Member] | Manufactured Product, Other [Member]
Revenues	[4]	$ 6,020	$ 3,165
[1]	Upholstery includes fabric-covered items such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics and leather.
[2]	Case goods includes items such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents.
[3]	Accents includes items such as window treatments and drapery hardware, wall décor, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings and home and garden furnishings.
[4]	Other includes product delivery sales, the Ethan Allen Hotel revenues, sales of third-party furniture protection plans, membership revenue and other miscellaneous product sales less prompt payment discounts, sales allowances and other incentives.
[5]	The Eliminations column in the tables above represents the elimination of all intercompany wholesale segment sales to the retail segment in each period presented.

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Debt Securities, Available-for-sale, Total	$ 0	$ 0
Long-term Debt, Fair Value	$ 0	$ 0

Note 6 - Leases (Details Textua

Note 6 - Leases (Details Textual) $ in Millions	Sep. 30, 2021USD ($)
Short-term Lease Commitment, Amount	$ 0.5
Lessee, Operating Lease, Lease Not yet Commenced, Payments, Due	$ 4.4
Minimum [Member]
Lessee, Finance Lease, Term of Contract (Year)	3 years
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)	7 years
Maximum [Member]
Lessee, Finance Lease, Term of Contract (Year)	5 years
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)	10 years

Note 6 - Leases - Lease Costs (

Note 6 - Leases - Lease Costs (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Operating leases (Year)		6 years	6 years 4 months 24 days
Financing leases (Year)		2 years 4 months 24 days	1 year 7 months 6 days
Operating leases		4.20%	4.20%
Financing leases		2.20%	4.40%
Total lease expense		$ 9,813	$ 9,631
Selling, General and Administrative Expenses [Member]
Operating lease cost(1)	[1]	7,473	7,492
Depreciation of property		126	151
Short-term lease cost(2)	[2]	308	159
Variable lease cost(3)	[3]	2,313	2,262
Less: Sublease income		(414)	(438)
Interest Income [Member]
Interest on lease liabilities		$ 7	$ 5
[1]	Lease expense for operating leases consists of both fixed and variable components. Expense related to fixed lease payments are recognized on a straight-line basis over the lease term.
[2]	Leases with an initial term of 12 months or less are not recorded on the balance sheet and instead expensed on a straight-line basis over the lease term.
[3]	Variable lease payments are generally expensed as incurred, where applicable, and include certain index-based changes in rent, certain non-lease components, such as maintenance, real estate taxes, insurance and other services provided by the lessor, and other charges included in the lease. In addition, certain of our equipment lease agreements include variable lease payments, which are based on the usage of the underlying asset. The variable portion of payments are not included in the initial measurement of the asset or lease liability due to uncertainty of the payment amount and are recorded as expense in the period incurred.

Note 6 - Leases - Future Minimu

Note 6 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands		Sep. 30, 2021		Jun. 30, 2021
2022 (remaining nine months), Operating Leases		$ 24,497
2023, Operating Leases		25,850
2024, Operating Leases		20,922
2025, Operating Leases		17,334
2026, Operating Leases		13,780
Thereafter, operating leases		31,698
Total undiscounted future minimum lease payments		134,081
Less: imputed interest		(16,700)
Total present value of lease obligations(1)		117,381	[1]	$ 143,600
2022 (remaining nine months), Financing Leases		391
2023, Financing Leases		490
2024, Financing Leases		320
2025, Financing Leases		8
2026, Financing Leases		0
Thereafter, finance leases		0
Total undiscounted future minimum lease payments		1,209
Less: imputed interest		(30)
Total present value of lease obligations(1)	[1]	$ 1,179
[1]	Excludes future commitments under short-term operating lease agreements of $0.5 million as of September 30, 2021.

Note 6 - Leases - Supplemental

Note 6 - Leases - Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating cash flows from operating leases	$ 8,521	$ 8,390
Operating cash flows from financing leases	132	148
Operating lease assets obtained in exchange for operating lease liabilities	(624)	(4,477)
Operating lease assets obtained in exchange for operating lease liabilities	$ 624	$ 4,477

Note 7 - Inventories - Schedule

Note 7 - Inventories - Schedule of Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Finished goods	$ 117,631	$ 106,924
Work in process	13,147	11,612
Raw materials	30,952	28,235
Inventory reserves	(2,995)	(2,793)
Inventories, net	$ 158,735	$ 143,978

Note 8 - Goodwill and Intangi_2

Note 8 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021
Goodwill, Ending Balance	$ 25,388	$ 25,388
Other Indefinite-lived Intangible Assets		$ 19,700

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		15 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Jun. 30, 2021
Income Tax Expense (Benefit), Total	$ 7,187	$ 1,888
Effective Income Tax Rate Reconciliation, Percent, Total	26.30%	16.80%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount			$ 900
Unrecognized Tax Benefits, Ending Balance	$ 2,200		2,200	$ 2,000
Decrease in Unrecognized Tax Benefits is Reasonably Possible	400		400
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	400		400
Retail Segment [Member]
Deferred Tax Assets, Valuation Allowance, Total	$ 600		$ 600

Note 10 - Credit Agreement (Det

Note 10 - Credit Agreement (Details Textual) - The Facility [Member] - USD ($) $ in Thousands	Dec. 21, 2018	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2020	Sep. 30, 2021	Jun. 30, 2021
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 165,000
Debt Issuance Costs, Net, Total	600
Proceeds from Long-term Lines of Credit				$ 100,000
Repayments of Long-term Lines of Credit		$ 50,000	$ 50,000
Long-term Line of Credit, Total						$ 0	$ 0
Interest Expense, Debt, Total					$ 300
Line of Credit Facility, Remaining Borrowing Capacity						89,600	75,700
Debt Covenant, Fixed Charge Coverage Ratio, Maximum Unused Availability	$ 18,500
Debt Instrument, Covenant, Minimum Fixed Charge Coverage Ratio	1,000,000
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.00%
Revolving Credit Facility [Member] | Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] | Additional Margin on Variable Rate Option [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] | Additional Margin on Variable Rate Option [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Standby Letters of Credit [Member]
Letters of Credit Outstanding, Amount						$ 4,000	$ 5,000

Note 11 - Restructuring and O_3

Note 11 - Restructuring and Other Impairment Activities (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Restructuring Charges, Total	$ 255	$ 623
Payments for Restructuring	417	59
Restructuring Reserve, Current	900
Retail Segment [Member]
Asset Impairment Charges, Total		$ 600
Facility Closing, Atoka Distribution Center [Member]
Restructuring Charges, Total	$ 100

Note 11 - Restructuring and O_4

Note 11 - Restructuring and Other Impairment Activities - Schedule of Restructuring Reserve (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021		Sep. 30, 2020
Restructuring Charge	$ 255		$ 623
Optimization of Manufacturing and Logistics [Member]
Restructuring Charge	111	[1]	0
Employee Severance and Other Charges (Income) [Member]
Restructuring Charge	144	[2]	0
Impairments of Long-lived Assets [Member]
Restructuring Charge	$ 0	[3]	$ 623
[1]	Over the past three years, we have executed on many key initiatives to optimize further our manufacturing and logistics, including closing our Passaic, New Jersey property, converting our Old Fort, North Carolina case goods manufacturing operations into a distribution center, expanding our existing Maiden, North Carolina manufacturing campus and most recently, closing our Atoka, Oklahoma distribution center and consolidating its workflow into our Old Fort, North Carolina facility. The current year charge of $0.1 million related to the closing of our Atoka distribution center and included within the line item Restructuring and other impairment charges, net of gains in the consolidated statements of comprehensive income.
[2]	We recorded $0.1 million of charges primarily related to severance for employees at our Atoka distribution center and certain associates in our retail segment. These charges were recorded in the consolidated statement of comprehensive income within the line item Restructuring and other impairment charges, net of gains.
[3]	In the prior year first quarter, we recorded a non-cash charge of $0.6 million related to the impairment of long-lived assets held at a retail design center location. The asset group used for the impairment analysis was the individual retail design center, which represented the lowest level for which identifiable cash flows were available and largely independent of the cash flows of other groups of assets. We estimated future cash flows based on the design center-level historical results, current trends and operating and cash flow projections. The $0.6 million non-cash charge was recorded in the consolidated statement of comprehensive income within the line item Restructuring and other impairment charges, net of gains.

Note 12 - Earnings Per Share (D

Note 12 - Earnings Per Share (Details Textual) - shares	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	142,083	437,449
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	293,752	316,445

Note 12 - Earnings Per Share -

Note 12 - Earnings Per Share - Calculation of Weighted Average Shares (Details) - shares shares in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Weighted average shares outstanding for basic calculation (in shares)	25,375	25,179
Dilutive effect of stock options and other share-based awards (in shares)	76	27
Weighted average shares outstanding adjusted for dilution calculation (in shares)	25,451	25,206

Note 13 - Accumulated Other C_3

Note 13 - Accumulated Other Comprehensive Income (Loss) - Activity in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Balance	$ 351,418	$ 328,064
Other comprehensive income (loss), net of tax	(652)	547
Balance	345,046	332,931
AOCI Attributable to Parent [Member]
Balance	(5,931)	(8,441)
Other comprehensive income (loss), net of tax	(653)	556
Balance	(6,584)	(7,885)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Other comprehensive income (loss), net of tax	(652)	547
Less AOCI attributable to noncontrolling interests	$ (1)	$ 9

Note 14 - Share-based Compens_2

Note 14 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement, Expense	$ 300	$ 300
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 3,400
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 8 months 12 days
Share-based Payment Arrangement, Amount Capitalized	$ 0	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)	1,245,400
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 200
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 2 months 12 days
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1,400
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	3 years 3 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	51,100	38,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 20.71	$ 9.58
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	19,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	100,100
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance (in dollars per share)	$ 15.12
Performance Shares [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1,800
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 3 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	90,367	117,338
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 17.15	$ 8.76
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	35,124
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	419,752
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance (in dollars per share)	$ 16.22
Share-based Compensation Arrangement by Share-based Payment Award, Target Performance Period (Year)	3 years
Share-based Payment Arrangement, Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		0
Share-based Payment Arrangement, Nonemployee [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	25,410	37,008
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)	$ 23.61	$ 12.97
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		3 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)		10 years

Note 15 - Segment Information_2

Note 15 - Segment Information (Details Textual)	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Number of Company Operated Design Centers	141
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Retail Segment [Member]
Concentration Risk, Percentage	85.00%	78.20%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Wholesale Segment [Member]
Concentration Risk, Percentage	15.00%

Note 15 - Segment Information -

Note 15 - Segment Information - Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Net sales		$ 182,327	$ 151,058
Operating Income		27,360	11,681
Interest and other financing costs		48	335
Other income (expense), net		28	(105)
Consolidated total		27,340	11,241
Depreciation and amortization		4,325	4,140
Capital Expenditures		1,529	2,439
Assets		678,294		$ 683,245
Intersegment Eliminations [Member]
Operating Income	[1]	196	(3,440)
Wholesale Segment [Member]
Depreciation and amortization		1,640	1,704
Capital Expenditures		1,088	1,042
Assets		295,823		298,332
Wholesale Segment [Member] | Operating Segments [Member]
Net sales		109,448	97,334
Operating Income		12,819	13,138
Wholesale Segment [Member] | Operating Segments [Member] | External Customers [Member]
Net sales		27,341	32,977
Wholesale Segment [Member] | Intersegment Eliminations [Member]
Net sales		(82,107)	(64,357)
Retail Segment [Member]
Depreciation and amortization		2,685	2,436
Capital Expenditures		441	1,397
Assets		409,615		412,066
Retail Segment [Member] | Operating Segments [Member]
Net sales		154,986	118,081
Operating Income		14,345	$ 1,983
Inventory Profit Elimination [Member]
Assets	[2]	$ (27,144)		$ (27,153)
[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 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021		Sep. 30, 2020	Jun. 30, 2021
Contractual Obligation, Total				$ 203,900
Operating Lease, Liability, Total	$ 117,381	[1]		143,600
Long-term Debt, Total				$ 50,200
Repayments of Long-term Debt, Total	0		$ 50,000
Revolving Credit Facility [Member] | The Facility [Member]
Repayments of Long-term Debt, Total	$ 8,500
[1]	Excludes future commitments under short-term operating lease agreements of $0.5 million as of September 30, 2021.