Ethan Allen Interiors (ETD) 10-Q 26 Oct 22 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2022	Oct. 19, 2022
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	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
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		25,347,420

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 92,878	$ 109,919
Investments	49,566	11,199
Accounts receivable, net	8,607	17,019
Inventories, net	167,656	176,504
Prepaid expenses and other current assets	32,987	32,108
Total current assets	351,694	346,749
Property, plant and equipment, net	221,779	223,530
Goodwill	25,388	25,388
Intangible assets	19,740	19,740
Operating lease right-of-use assets	99,500	100,782
Deferred income taxes	1,019	820
Other assets	2,729	2,886
Total ASSETS	721,849	719,895
Current liabilities:
Accounts payable and accrued expenses	36,744	37,370
Customer deposits	108,888	121,080
Accrued compensation and benefits	19,955	22,700
Current operating lease liabilities	24,972	25,705
Other current liabilities	17,731	8,788
Total current liabilities	208,290	215,643
Operating lease liabilities, long-term	88,776	89,506
Deferred income taxes	3,769	4,418
Other long-term liabilities	5,275	3,005
Total LIABILITIES	306,110	312,572
Commitments and contingencies (see Note 18)
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, 49,415 and 49,360 shares issued; 25,347 and 25,323 shares outstanding at September 30, 2022 and June 30, 2022, respectively	494	494
Additional paid-in capital	385,051	384,782
Treasury stock, at cost: 24,068 and 24,037 shares at September 30, 2022 and June 30, 2022, respectively	(682,599)	(681,834)
Retained earnings	719,370	710,369
Accumulated other comprehensive loss	(6,544)	(6,462)
Total Ethan Allen Interiors Inc. shareholders' equity	415,772	407,349
Noncontrolling interests	(33)	(26)
Total SHAREHOLDERS' EQUITY	415,739	407,323
Total LIABILITIES AND SHAREHOLDERS' EQUITY	$ 721,849	$ 719,895

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2022	Jun. 30, 2022
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,055,000	1,055,000
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)	150,000,000	150,000,000
Common stock, shares issues (in shares)	49,415,000	49,360,000
Common stock, shares outstanding (in shares)	25,347,000	25,323,000
Treasury stock, shares (in shares)	24,068	24,037

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Net sales	$ 214,530	$ 182,327
Cost of sales	84,914	73,135
Gross profit	129,616	109,192
Selling, general and administrative expenses	91,962	81,577
Restructuring and other impairment charges, net of gains	(1,996)	255
Operating income	39,650	27,360
Interest expense and other financing costs	55	48
Interest and other income, net	396	28
Income before income taxes	39,991	27,340
Income tax expense	10,111	7,187
Net income	$ 29,880	$ 20,153
Basic earnings per common share:
Net income per basic share (in dollars per share)	$ 1.17	$ 0.79
Basic weighted average common shares (in shares)	25,458	25,375
Diluted earnings per common share:
Net income per diluted share (in dollars per share)	$ 1.17	$ 0.79
Diluted weighted average common shares (in shares)	25,560	25,451
Comprehensive income
Net income	$ 29,880	$ 20,153
Other comprehensive loss, net of tax
Foreign currency translation adjustments	(226)	(653)
Other income	137	1
Other comprehensive loss, net of tax	(89)	(652)
Comprehensive income	$ 29,791	$ 19,501

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Net income	$ 29,880	$ 20,153
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,857	4,325
Share-based compensation expense	268	277
Non-cash operating lease cost	7,802	7,473
Deferred income taxes	(848)	751
Restructuring and other impairment charges, net of gains	(1,996)	255
Restructuring payments	(238)	(417)
Loss on disposal of property, plant and equipment	36	5
Other	331	(10)
Change in operating assets and liabilities
Accounts receivable, net	8,412	1,084
Inventories, net	8,848	(14,757)
Prepaid expenses and other current assets	(639)	(2,808)
Customer deposits	(12,192)	9,563
Accounts payable and accrued expenses	(668)	(1,184)
Accrued compensation and benefits	(2,711)	(3,971)
Operating lease liabilities	(8,230)	(8,521)
Other assets and liabilities	6,510	4,771
Net cash provided by operating activities	38,422	16,989
Cash Flows from Investing Activities
Proceeds from sales of property, plant and equipment	8,103	0
Capital expenditures	(3,179)	(1,529)
Purchases of investments	(64,953)	0
Proceeds from sales of investments	26,504	0
Net cash used in investing activities	(33,525)	(1,529)
Cash Flows from Financing Activities
Payment of cash dividends	(20,879)	(25,372)
Taxes paid related to net share settlement of equity awards	(765)	(778)
Payments on financing leases	(133)	(132)
Net cash used in financing activities	(21,777)	(26,282)
Effect of exchange rate changes on cash and cash equivalents	(273)	(109)
Net decrease in cash, cash equivalents and restricted cash	(17,153)	(10,931)
Cash, cash equivalents and restricted cash at beginning of period	110,871	104,596
Cash, cash equivalents and restricted cash at end of period	$ 93,718	$ 93,665

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, 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 (loss) income	$ 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
Balance (in shares) at Jun. 30, 2022	49,360		24,037
Balance at Jun. 30, 2022	$ 494	384,782	$ (681,834)	(6,462)	710,369	(26)	407,323
Net income	0	0	0	0	29,880	0	29,880
Share-based compensation expense	$ 0	268	$ 0	0	0	0	268
Restricted stock vesting (in shares)	55		31
Restricted stock vesting	$ 0	1	$ (765)	0	0	0	(764)
Cash dividends declared	0	0	0	0	(20,879)	0	(20,879)
Other comprehensive (loss) income	$ 0	0	$ 0	(82)	0	(7)	(89)
Balance (in shares) at Sep. 30, 2022	49,415		24,068
Balance at Sep. 30, 2022	$ 494	$ 385,051	$ (682,599)	$ (6,544)	$ 719,370	$ (33)	$ 415,739

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Business	3 Months Ended
	Sep. 30, 2022
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 product design through home delivery, which offers our customers stylish product offerings, artisanal quality, and personalized service. We are known for the quality and craftsmanship of our products as well as for the exceptional personal service from design to delivery. We provide complimentary interior design service to our clients and sell a full range of home furnishings through a retail network of design centers located throughout the United States and abroad as well as online at ethanallen.com. Ethan Allen design centers represent a mix of locations operated by independent licensees and Company-operated locations. As of September 30, 2022, 139 135 four ten four one one one two one

Note 2 - Interim Basis of Prese

Note 2 - Interim Basis of Presentation	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	( 2 Interim Basis of Presentation Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Our consolidated financial statements also include the accounts of an entity in which we are a majority shareholder with 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 statements of comprehensive income within Interest and other income, net All intercompany activity and balances, including any related profit on intercompany sales, have been eliminated from the consolidated financial statements. 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 September 30, 2022 not may 10 June 30, 2022 ( “2022 10 Use of Estimates We prepare our consolidated financial statements in accordance with U.S. generally accepted accounting principles (“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 Restricted Cash We present restricted cash as a component of total cash and cash equivalents on our consolidated statement of cash flows and within Other Assets September 30, 2022 June 30, 2022, We have evaluated subsequent events through the date of issuance of the financial statements included in this Quarterly Report on Form 10

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 3 Recent Accounting Pronouncements New Accounting Standards or Updates Adopted in Fiscal 2023 The Company evaluates all Accounting Standards Updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”) for consideration of their applicability to our consolidated financial statements. We have not 2023. Recent Accounting Standards or Updates Not Business Combinations. October 2021, 2021 08, Business Combinations (Topic 805 606 first 2024. not Derivatives and Hedging. March 2022, 2022 01, Derivatives and Hedging (Topic 801 Portfolio Layer Method one first 2024. not No September 30, 2022

Note 4 - Revenue Recognition

Note 4 - Revenue Recognition	3 Months Ended
	Sep. 30, 2022
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 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, 2022 June 30, 2022, Allowance for Doubtful Accounts. September 30, 2022 June 30, 2022, Commissions. Prepaid expenses and other current assets September 30, 2022, 2023 Selling, general and administrative expenses Customer Deposits. Customer deposits September 30, 2022, June 30, 2022. first 2023, June 30, 2022 . September 30, 2022 twelve We recognize the promised amount of consideration without adjusting for the effects of a significant financing component if the contract has a duration of one one not not The following table disaggregates our net sales by product category by segment for the three September 30, 2022 ( Wholesale Retail Eliminations (1) Total Upholstery (2) $ 58,622 $ 90,982 $ (43,565 ) $ 106,039 Case goods (3) 38,170 49,254 (23,458 ) 63,966 Accents (4) 19,621 34,205 (16,756 ) 37,070 Other (5) (1,762 ) 9,217 - 7,455 Total $ 114,651 $ 183,658 $ (83,779 ) $ 214,530 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 ( 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, flooring, 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, 2022
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. three may may We have categorized our cash equivalents and investments within the fair value hierarchy as follows: Level 1 1 1 Level 2 September 30, 2022, 2 Level 3 no 3 September 30, 2022 June 30, 2022. Assets and Liabilities Measured at Fair Value on a Recurring Basis. September 30, 2022 June 30, 2022. not Fair Value Measurements at September 30, 2022 Assets Level 1 Level 2 Level 3 Balance Corporate money market funds (1) $ 20,043 $ - $ - $ 20,043 Investments (2) - 49,566 - 49,566 Total $ 20,043 $ 49,566 $ - $ 69,609 Fair Value Measurements at June 30, 2022 Assets Level 1 Level 2 Level 3 Balance Corporate money market funds (1) $ 51,035 $ - $ - $ 51,035 Investments (2) - 11,199 - 11,199 Total $ 51,035 $ 11,199 $ - $ 62,234 ( 1 We invest excess cash in money market accounts and short-term investments. Our corporate money market funds are readily convertible into cash and the net asset value of each fund on the last day of the quarter is used to determine its fair value. Our corporate money market funds are classified as Level 1 Cash and cash equivalents ( 2 Our investments as of September 30, 2022 one one 2 Investments Accumulated Other Comprehensive Income (Loss) September 30, 2022 June 30, 2022. As of September 30, 2022 June 30, 2022, not 2 no one no Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis. not 2023 2022. Assets and Liabilities Measured at Fair Value for Disclosure Purposes Only. no September 30, 2022 June 30, 2022.

Note 6 - Leases

Note 6 - Leases	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Lessee, Leases [Text Block]	( 6 Leases We recognize substantially all leases on their balance sheet as a ROU asset and a lease liability. We have operating leases for many of our design centers that expire at various dates through fiscal 2040. three five We determine if a contract contains a lease at inception based on our right to control the use of an identified asset and our right to obtain substantially all of the economic benefits from the use of that identified asset. Certain operating leases have renewal options and rent escalation clauses as well as various purchase options. We assess these options to determine if we are reasonably certain of exercising these options based on all relevant economic and financial factors. Any options that meet these criteria are included in the lease term at lease commencement. Most of our leases do not not The Company's lease terms and discount rates are as follows: September 30, 2022 2021 Weighted average remaining lease term (in years) Operating leases 6.0 6.0 Financing leases 2.4 2.4 Weighted average discount rate Operating leases 4.5 % 4.2 % Financing leases 3.1 % 2.2 % 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, Statements of Comprehensive Income Location 2022 2021 Operating lease cost (1) Selling, general and administrative (“SG&A”) expenses $ 7,802 $ 7,473 Financing lease cost Depreciation of property SG&A expenses 128 126 Interest on lease liabilities Interest and other financing costs 8 7 Short-term lease cost (2) SG&A expenses 255 308 Variable lease cost (3) SG&A expenses 2,210 2,313 Less: Sublease income SG&A expenses (293 ) (414 ) Total lease expense $ 10,110 $ 9,813 ( 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, 2022 ( Fiscal Year Operating Leases Financing Leases 2023 (remaining nine months) $ 22,511 $ 422 2024 25,510 392 2025 21,401 80 2026 17,739 72 2027 12,701 66 Thereafter 31,382 - Total undiscounted future minimum lease payments 131,244 1,032 Less: imputed interest (17,496 ) (46 ) Total present value of lease obligations (1) $ 113,748 $ 986 ( 1 Excludes future commitments under short-term operating lease agreements of $0.7 million as of September 30, 2022. As of September 30, 2022, two not two not second 2023. two five seven September 30, 2022, not not Other supplemental information for our leases is as follows (in thousands): Three months ended September 30, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 8,230 $ 8,521 Operating cash flows from financing leases $ 133 $ 132 Operating lease assets obtained in exchange for operating lease liabilities $ 5,510 $ (624 ) There were no three September 30, 2022 2021. Sale-leaseback transaction. August 1, 2022, third Restructuring and other impairment charges, net of gains Restructuring and other impairment charges, net of gains first 2023 two September 30, 2022, Other current liabilities Other long-term liabilities

Note 7 - Inventories

Note 7 - Inventories	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Inventory Disclosure [Text Block]	( 7 Inventories Inventories are summarized as follows (in thousands): September 30, June 30, 2022 2022 Finished goods $ 122,957 $ 131,021 Work in process 14,560 15,098 Raw materials 32,222 32,490 Inventory reserves (2,083 ) (2,105 ) Inventories, net $ 167,656 $ 176,504

Note 8 - Property, Plant and Eq

Note 8 - Property, Plant and Equipment	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 8 Property, Plant and Equipment Property, plant and equipment are summarized as follows (in thousands): September 30, June 30, 2022 2022 Land and improvements $ 77,747 $ 78,443 Building and improvements 346,162 356,622 Machinery and equipment 122,093 127,062 Property, plant and equipment, gross 546,002 562,127 Less: accumulated depreciation and amortization (324,223 ) (338,597 ) Property, plant and equipment, net $ 221,779 $ 223,530 We recorded depreciation expense of $3.9 million and $4.3 million for the three September 30, 2022 2021,

Note 9 - Goodwill and Intangibl

Note 9 - Goodwill and Intangible Assets	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	( 9 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, 2022 June 30, 2022, Both goodwill and indefinite-lived intangible assets are not fourth fourth 2022, not no

Note 10 - Other Current Liabili

Note 10 - Other Current Liabilities	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	( 10 Other Current Liabilities The following table summarizes the nature of the amounts within Other current liabilities September 30, June 30, 2022 2022 Income taxes payable $ 10,907 $ 4,558 Deferred liability, short-term (1) 2,620 - Financing lease liabilities, short-term 535 535 Other current liabilities 3,669 3,695 Other current liabilities $ 17,731 $ 8,788 ( 1 As of September 30, 2022, August 1, 2022 Other current liabilities Other long-term liabilities 6, Leases

Note 11 - Income Taxes

Note 11 - Income Taxes	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 11 Income Taxes We recorded income tax expense of $10.1 million for the three September 30, 2022 three September 30, 2022 We recognize interest and penalties related to income tax matters as a component of income tax expense. As of September 30, 2022, June 30, 2022. September 30, 2022 12

Note 12 - Credit Agreement

Note 12 - Credit Agreement	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	( 12 Credit Agreement On January 26, 2022, December 21, 2018, January 26, 2027. 2022, Interest expense and other financing costs Availability. September 30, 2022 June 30, 2022. Borrowings. one September 30, 2022, June 30, 2022, 2023 2022. 2023 2022, 2023 2022. Covenants and Other Ratios. may The Facility does not 1.0 four no 2023 2022, not September 30, 2022 June 30, 2022, Letters of Credit. September 30, 2022 June 30, 2022,

Note 13 - Restructuring and Oth

Note 13 - Restructuring and Other Impairment Activities	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	( 13 Restructuring and Other Impairment Activities Restructuring and other impairment charges, net of gains, were as follows (in thousands): Three months ended September 30, 2022 2021 Gain on sale and leaseback transaction (1) $ (2,257 ) $ - Severance and other charges 261 255 Total Restructuring and other impairment charges, net of gains $ (1,996 ) $ 255 ( 1 In August 2022, September 30, 2022, 6, Leases Restructuring payments made by the Company during the first three 2023 September 30, 2022 2023.

Note 14 - Earnings Per Share

Note 14 - Earnings Per Share	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	( 14 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, 2022 2021 Weighted average shares outstanding for basic calculation 25,458 25,375 Dilutive effect of stock options and other share-based awards 102 76 Weighted average shares outstanding adjusted for dilution calculation 25,560 25,451 Dilutive potential common shares consist of stock options, restricted stock units and performance units. As of September 30, 2022 2021, As of September 30, 2022 2021, .

Note 15 - Accumulated Other Com

Note 15 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	( 15 Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) consists of foreign currency translation adjustments and unrealized gains or losses on investments. Foreign currency translation adjustments 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. Our investments consist of U.S. Treasury Bills, municipal bonds, commercial paper and certificates of deposit with maturities of one Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive (loss) are as follows (in thousands): September 30, June 30, 2022 2022 Accumulated foreign currency translation adjustments $ (6,623 ) $ (6,397 ) Accumulated unrealized gains (losses) on investments 79 (65 ) $ (6,544 ) $ (6,462 ) The following table sets forth the activity in accumulated other comprehensive (loss) (in thousands). 2022 2021 Beginning balance at July 1 $ (6,462 ) $ (5,931 ) Other comprehensive loss, net of tax (89 ) (652 ) Less AOCI attributable to noncontrolling interests 7 (1 ) Ending balance at September 30 $ (6,544 ) $ (6,584 )

Note 16 - Share-based Compensat

Note 16 - Share-based Compensation	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 16 Share-Based Compensation We recognized total share-based compensation expense of $0.3 million during the three September 30, 2022 2021. SG&A expenses September 30, 2022 , three September 30, 2022 2021, At September 30, 2022, Stock Option Activity Employee Stock Option Grants. three September 30, 2022 2021. Non-Employee Stock Option Grants. first 2023, first three first ten no 2023 2022. As of September 30, 2022, September 30, 2022, Restricted Stock Unit Activity During the first three 2023, not four first four During the first three 2023, September 30, 2022, As of September 30, 2022, 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 2023 first not one During the first three 2023, August 2019, September 30, 2022, Unrecognized compensation expense as of September 30, 2022,

Note 17 - Segment Information

Note 17 - Segment Information	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 17 Segment Information Ethan Allen conducts business globally and has strategically aligned its business into two reportable segments: Wholesale and Retail. These two Wholesale Segment. third Retail Segment. September 30, 2022, Intersegment. third third Segment information is provided below (in thousands): Three months ended September 30, 2022 2021 Net sales Wholesale segment $ 114,651 $ 109,448 Less: intersegment sales (83,779 ) (82,107 ) Wholesale sales to external customers 30,872 27,341 Retail segment 183,658 154,986 Consolidated total $ 214,530 $ 182,327 Income before income taxes Wholesale segment $ 15,413 $ 12,819 Retail segment 21,989 14,345 Elimination of intercompany profit (a) 2,248 196 Operating income 39,650 27,360 Interest and other financing costs 55 48 Other income, net 396 28 Consolidated total $ 39,991 $ 27,340 Depreciation and amortization Wholesale segment $ 1,591 $ 1,640 Retail segment 2,266 2,685 Consolidated total $ 3,857 $ 4,325 Capital expenditures Wholesale segment $ 2,061 $ 1,088 Retail segment 1,118 441 Consolidated total $ 3,179 $ 1,529 (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 2022 2022 Wholesale segment $ 352,403 $ 341,466 Retail segment 400,929 412,176 Inventory profit elimination (a) (31,483 ) (33,747 ) Consolidated total $ 721,849 $ 719,895 (a) Represents the wholesale profit contained in the retail segment inventory that has not

Note 18 - Commitments and Conti

Note 18 - Commitments and Contingencies	3 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 18 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. 2022 10 June 30, 2022, first three 2023, no 2022 10 Legal Matters. 450 , Contingencies. September 30, 2022 ,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards or Updates Adopted in Fiscal 2023 The Company evaluates all Accounting Standards Updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”) for consideration of their applicability to our consolidated financial statements. We have not 2023. Recent Accounting Standards or Updates Not Business Combinations. October 2021, 2021 08, Business Combinations (Topic 805 606 first 2024. not Derivatives and Hedging. March 2022, 2022 01, Derivatives and Hedging (Topic 801 Portfolio Layer Method one first 2024. not No September 30, 2022

Note 4 - Revenue Recognition (T

Note 4 - Revenue Recognition (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Wholesale Retail Eliminations (1) Total Upholstery (2) $ 58,622 $ 90,982 $ (43,565 ) $ 106,039 Case goods (3) 38,170 49,254 (23,458 ) 63,966 Accents (4) 19,621 34,205 (16,756 ) 37,070 Other (5) (1,762 ) 9,217 - 7,455 Total $ 114,651 $ 183,658 $ (83,779 ) $ 214,530 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

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value Measurements at September 30, 2022 Assets Level 1 Level 2 Level 3 Balance Corporate money market funds (1) $ 20,043 $ - $ - $ 20,043 Investments (2) - 49,566 - 49,566 Total $ 20,043 $ 49,566 $ - $ 69,609 Fair Value Measurements at June 30, 2022 Assets Level 1 Level 2 Level 3 Balance Corporate money market funds (1) $ 51,035 $ - $ - $ 51,035 Investments (2) - 11,199 - 11,199 Total $ 51,035 $ 11,199 $ - $ 62,234

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Lease, Cost [Table Text Block]	September 30, 2022 2021 Weighted average remaining lease term (in years) Operating leases 6.0 6.0 Financing leases 2.4 2.4 Weighted average discount rate Operating leases 4.5 % 4.2 % Financing leases 3.1 % 2.2 % Three months ended September 30, Statements of Comprehensive Income Location 2022 2021 Operating lease cost (1) Selling, general and administrative (“SG&A”) expenses $ 7,802 $ 7,473 Financing lease cost Depreciation of property SG&A expenses 128 126 Interest on lease liabilities Interest and other financing costs 8 7 Short-term lease cost (2) SG&A expenses 255 308 Variable lease cost (3) SG&A expenses 2,210 2,313 Less: Sublease income SG&A expenses (293 ) (414 ) Total lease expense $ 10,110 $ 9,813
Lessee, Leases, Liability, Maturity [Table Text Block]	Fiscal Year Operating Leases Financing Leases 2023 (remaining nine months) $ 22,511 $ 422 2024 25,510 392 2025 21,401 80 2026 17,739 72 2027 12,701 66 Thereafter 31,382 - Total undiscounted future minimum lease payments 131,244 1,032 Less: imputed interest (17,496 ) (46 ) Total present value of lease obligations (1) $ 113,748 $ 986
Lease, Supplemental Lease Information [Table Text Block]	Three months ended September 30, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 8,230 $ 8,521 Operating cash flows from financing leases $ 133 $ 132 Operating lease assets obtained in exchange for operating lease liabilities $ 5,510 $ (624 )

Note 7 - Inventories (Tables)

Note 7 - Inventories (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, June 30, 2022 2022 Finished goods $ 122,957 $ 131,021 Work in process 14,560 15,098 Raw materials 32,222 32,490 Inventory reserves (2,083 ) (2,105 ) Inventories, net $ 167,656 $ 176,504

Note 8 - Property, Plant and _2

Note 8 - Property, Plant and Equipment (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 30, June 30, 2022 2022 Land and improvements $ 77,747 $ 78,443 Building and improvements 346,162 356,622 Machinery and equipment 122,093 127,062 Property, plant and equipment, gross 546,002 562,127 Less: accumulated depreciation and amortization (324,223 ) (338,597 ) Property, plant and equipment, net $ 221,779 $ 223,530

Note 10 - Other Current Liabi_2

Note 10 - Other Current Liabilities (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Other Current Liabilities [Table Text Block]	September 30, June 30, 2022 2022 Income taxes payable $ 10,907 $ 4,558 Deferred liability, short-term (1) 2,620 - Financing lease liabilities, short-term 535 535 Other current liabilities 3,669 3,695 Other current liabilities $ 17,731 $ 8,788

Note 13 - Restructuring and O_2

Note 13 - Restructuring and Other Impairment Activities (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Three months ended September 30, 2022 2021 Gain on sale and leaseback transaction (1) $ (2,257 ) $ - Severance and other charges 261 255 Total Restructuring and other impairment charges, net of gains $ (1,996 ) $ 255

Note 14 - Earnings Per Share (T

Note 14 - Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended September 30, 2022 2021 Weighted average shares outstanding for basic calculation 25,458 25,375 Dilutive effect of stock options and other share-based awards 102 76 Weighted average shares outstanding adjusted for dilution calculation 25,560 25,451

Note 15 - Accumulated Other C_2

Note 15 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	September 30, June 30, 2022 2022 Accumulated foreign currency translation adjustments $ (6,623 ) $ (6,397 ) Accumulated unrealized gains (losses) on investments 79 (65 ) $ (6,544 ) $ (6,462 ) 2022 2021 Beginning balance at July 1 $ (6,462 ) $ (5,931 ) Other comprehensive loss, net of tax (89 ) (652 ) Less AOCI attributable to noncontrolling interests 7 (1 ) Ending balance at September 30 $ (6,544 ) $ (6,584 )

Note 17 - Segment Information (

Note 17 - Segment Information (Tables)	3 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended September 30, 2022 2021 Net sales Wholesale segment $ 114,651 $ 109,448 Less: intersegment sales (83,779 ) (82,107 ) Wholesale sales to external customers 30,872 27,341 Retail segment 183,658 154,986 Consolidated total $ 214,530 $ 182,327 Income before income taxes Wholesale segment $ 15,413 $ 12,819 Retail segment 21,989 14,345 Elimination of intercompany profit (a) 2,248 196 Operating income 39,650 27,360 Interest and other financing costs 55 48 Other income, net 396 28 Consolidated total $ 39,991 $ 27,340 Depreciation and amortization Wholesale segment $ 1,591 $ 1,640 Retail segment 2,266 2,685 Consolidated total $ 3,857 $ 4,325 Capital expenditures Wholesale segment $ 2,061 $ 1,088 Retail segment 1,118 441 Consolidated total $ 3,179 $ 1,529 (in thousands) September 30, June 30, Total Assets 2022 2022 Wholesale segment $ 352,403 $ 341,466 Retail segment 400,929 412,176 Inventory profit elimination (a) (31,483 ) (33,747 ) Consolidated total $ 721,849 $ 719,895

Note 1 - Organization and Nat_2

Note 1 - Organization and Nature of Business (Details Textual)	3 Months Ended
	Sep. 30, 2022
Geographic Concentration Risk [Member] | Product Production [Member] | North America [Member]
Concentration Risk, Percentage	75%

Note 2 - Interim Basis of Pre_2

Note 2 - Interim Basis of Presentation (Details Textual) - USD ($) $ in Millions	Sep. 30, 2022	Jun. 30, 2022
Restricted Cash, Total	$ 0.8	$ 1

Note 4 - Revenue Recognition (D

Note 4 - Revenue Recognition (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2022	Sep. 30, 2022
Contract with Customer, Asset, after Allowance for Credit Loss, Current, Total		$ 17.8
Contract with Customer, Liability, Total	$ 121.1	$ 108.9
Contract with Customer, Liability, Revenue Recognized	$ 78.1

Note 4 - Revenue Recognition -

Note 4 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Revenues		$ 214,530	$ 182,327
Upholstery Furniture [Member]
Revenues	[1]	106,039	94,422
Case Goods Furniture [Member]
Revenues	[2]	63,966	51,984
Accent [Member]
Revenues	[3]	37,070	31,420
Manufactured Product, Other [Member]
Revenues	[4]	7,455	4,501
Consolidation, Eliminations [Member]
Revenues	[5]	(83,779)	(82,107)
Consolidation, Eliminations [Member] | Upholstery Furniture [Member]
Revenues	[1],[5]	(43,565)	(41,875)
Consolidation, Eliminations [Member] | Case Goods Furniture [Member]
Revenues	[2],[5]	(23,458)	(22,990)
Consolidation, Eliminations [Member] | Accent [Member]
Revenues	[3],[5]	(16,756)	(17,242)
Consolidation, Eliminations [Member] | Manufactured Product, Other [Member]
Revenues	[4],[5]	0	0
Wholesale Segment [Member] | Operating Segments [Member]
Revenues		114,651	109,448
Wholesale Segment [Member] | Operating Segments [Member] | Upholstery Furniture [Member]
Revenues	[1]	58,622	60,003
Wholesale Segment [Member] | Operating Segments [Member] | Case Goods Furniture [Member]
Revenues	[2]	38,170	33,519
Wholesale Segment [Member] | Operating Segments [Member] | Accent [Member]
Revenues	[3]	19,621	17,445
Wholesale Segment [Member] | Operating Segments [Member] | Manufactured Product, Other [Member]
Revenues	[4]	(1,762)	(1,519)
Retail Segment [Member] | Operating Segments [Member]
Revenues		183,658	154,986
Retail Segment [Member] | Operating Segments [Member] | Upholstery Furniture [Member]
Revenues	[1]	90,982	76,294
Retail Segment [Member] | Operating Segments [Member] | Case Goods Furniture [Member]
Revenues	[2]	49,254	41,455
Retail Segment [Member] | Operating Segments [Member] | Accent [Member]
Revenues	[3]	34,205	31,217
Retail Segment [Member] | Operating Segments [Member] | Manufactured Product, Other [Member]
Revenues	[4]	$ 9,217	$ 6,020
[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 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_3

Note 5 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022
Unrealized Gain (Loss) on Investments	$ 0	$ 0
Long-Term Debt, Fair Value	$ 0	$ 0

Note 5 - Fair Value Measureme_4

Note 5 - Fair Value Measurements - Fair Value Measurements (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Jun. 30, 2022
Corporate money market funds(1)	[1]	$ 20,043	$ 51,035
Investments(2)	[2]	49,566	11,199
Total		69,609	62,234
Fair Value, Inputs, Level 1 [Member]
Investments(2)	[2]	0	0
Total		20,043	51,035
Fair Value, Inputs, Level 2 [Member]
Investments(2)	[2]	49,566	11,199
Total		49,566	11,199
Fair Value, Inputs, Level 3 [Member]
Investments(2)	[2]	0	0
Total		0	0
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Corporate money market funds(1)	[1]	20,043	51,035
Money Market Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Corporate money market funds(1)	[1]	0	0
Money Market Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Corporate money market funds(1)	[1]	$ 0	$ 0
[1]We invest excess cash in money market accounts and short-term investments. Our corporate money market funds are readily convertible into cash and the net asset value of each fund on the last day of the quarter is used to determine its fair value. Our corporate money market funds are classified as Level 1 assets and are included in Cash and cash equivalents within the consolidated balance sheets.[2]Our investments consist of municipal bonds, commercial paper and certificates of deposit with maturities of one year or less. The fair value of our underlying investments is based on observable inputs. Our investments are classified as Level 2 and are included in Investments (short-term) within the consolidated balance sheets. All unrealized gains and losses were included in Accumulated Other Comprehensive Income (Loss) within the consolidated balance sheets. There were no material gross unrealized gains or losses on the investments at June 30, 2022. We did not hold any investments as of June 30, 2021

Note 6 - Leases (Details Textua

Note 6 - Leases (Details Textual) - USD ($) $ in Thousands		2 Months Ended	3 Months Ended
	Aug. 01, 2022	Sep. 30, 2022	Sep. 30, 2022		Sep. 30, 2021	[1]	Jun. 30, 2022
Short-Term Lease Commitment, Amount		$ 700	$ 700
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)		5 years	5 years
Lessee, Operating Lease, Lease Not yet Commenced, Payments, Due		$ 7,800	$ 7,800
Sale Leaseback Transaction, Net Proceeds, Investing Activities	$ 8,100
Sale and Leaseback Transaction, Gain (Loss), Net	1,800	2,300	2,257	[1]	$ 0
Sale Lease Back Transaction Deferred Liabilities	$ 5,200	4,800	4,800
Sale Leaseback Transaction, Deferred Liabilities, Current		2,620	2,620				$ 0
Other Current Liabilities [Member]
Sale Leaseback Transaction, Deferred Liabilities, Current		2,600	2,600
Other Noncurrent Liabilities [Member]
Sale Leaseback Transaction, Deferred Liabilities, Noncurrent		$ 2,200	$ 2,200
Minimum [Member]
Lessee, Finance Lease, Term of Contract (Year)		3 years	3 years
Maximum [Member]
Lessee, Finance Lease, Term of Contract (Year)		5 years	5 years
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)		7 years	7 years
[1]In August 2022, we sold and subsequently leased back a retail design center and recognized a net gain of $2.3 million during the quarter. As of September 30, 2022, the remaining deferred liability was $4.8 million and will be recognized over the remaining life of the lease. Refer to Note 6, Leases, for further discussion on the sale-leaseback transaction.

Note 6 - Leases - Lease Costs (

Note 6 - Leases - Lease Costs (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating leases (Year)				6 years	6 years
Financing leases (Year)				2 years 4 months 24 days	2 years 4 months 24 days
Operating leases				4.50%	4.20%
Financing leases				3.10%	2.20%
Total lease expense		$ 10,110	$ 9,813
Selling, General and Administrative Expenses [Member]
Operating lease cost(1)	[1]	7,802	7,473
Depreciation of property		128	126
Short-term lease cost(2)	[2]	255	308
Variable lease cost(3)	[3]	2,210	2,313
Less: Sublease income		(293)	(414)
Interest Income [Member]
Interest on lease liabilities		$ 8	$ 7
[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, 2022	Jun. 30, 2022
2023, Operating Leases		$ 22,511
2023, Financing Leases		422
2024, Operating Leases		25,510
2024, Financing Leases		392
2025, Operating Leases		21,401
2025, Financing Leases		80
2026, Operating Leases		17,739
2026, Financing Leases		72
2027, Operating Leases		12,701
2027, Financing Leases		66
Thereafter, Operating Leases		31,382
Thereafter, Financing Leases		0
Total undiscounted future minimum lease payments		131,244	$ 131,600
Total undiscounted future minimum lease payments		1,032
Less: imputed interest		(17,496)
Less: imputed interest		(46)
Total present value of lease obligations(1)	[1]	113,748
Total present value of lease obligations(1)	[1]	$ 986
[1]Excludes future commitments under short-term operating lease agreements of $0.2 million as of June 30, 2022.

Note 6 - Leases - Supplemental

Note 6 - Leases - Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Operating cash flows from operating leases	$ 8,230	$ 8,521
Operating cash flows from financing leases	133	132
Operating lease assets obtained in exchange for operating lease liabilities	5,510	624
Operating lease assets obtained in exchange for operating lease liabilities	$ (5,510)	$ (624)

Note 7 - Inventories - Schedule

Note 7 - Inventories - Schedule of Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Finished goods	$ 122,957	$ 131,021
Work in process	14,560	15,098
Raw materials	32,222	32,490
Inventory reserves	(2,083)	(2,105)
Inventories, net	$ 167,656	$ 176,504

Note 8 - Property, Plant and _3

Note 8 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Depreciation, Total	$ 3.9	$ 4.3

Note 8 - Property, Plant and _4

Note 8 - Property, Plant and Equipment - Property, Plant and Equipment Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Land and improvements	$ 77,747	$ 78,443
Building and improvements	346,162	356,622
Machinery and equipment	122,093	127,062
Property, plant and equipment, gross	546,002	562,127
Less: accumulated depreciation and amortization	(324,223)	(338,597)
Property, plant and equipment, net	$ 221,779	$ 223,530

Note 9 - Goodwill and Intangi_2

Note 9 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Goodwill, Ending Balance	$ 25,388	$ 25,388
Other Indefinite-lived Intangible Assets		$ 19,700

Note 10 - Other Current Liabi_3

Note 10 - Other Current Liabilities (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2022	Aug. 01, 2022	Jun. 30, 2022
Sale Lease Back Transaction Deferred Liabilities	$ 4,800	$ 5,200
Sale Leaseback Transaction, Deferred Liabilities, Current	2,620		$ 0
Other Current Liabilities [Member]
Sale Leaseback Transaction, Deferred Liabilities, Current	2,600
Other Long-term Liabilities [Member]
Sale Leaseback Transaction, Deferred Liabilities, Noncurrent	$ 2,200

Note 10 - Other Current Liabi_4

Note 10 - Other Current Liabilities - Schedule of Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Income taxes payable	$ 10,907	$ 4,558
Deferred liability, short-term (1)	2,620	0
Financing lease liabilities, short-term	535	535
Other current liabilities	3,669	3,695
Other current liabilities	$ 17,731	$ 8,788

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Income Tax Expense (Benefit), Total	$ 10,111	$ 7,187
Effective Income Tax Rate Reconciliation, Percent, Total	25.30%	26.30%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%
Unrecognized Tax Benefits, Ending Balance	$ 2,800
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	500
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	400
Retail Segment [Member]
Deferred Tax Assets, Valuation Allowance, Total	$ 2,500

Note 12 - Credit Agreement (Det

Note 12 - Credit Agreement (Details Textual) - The Facility [Member] $ in Thousands			3 Months Ended	12 Months Ended
	Jan. 26, 2022 USD ($)	Dec. 21, 2018 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 125,000
Line of Credit Facility, Additional Maximum Borrowing Capacity			$ 60,000
Debt Issuance Costs, Net, Total			500
Line of Credit Facility, Remaining Borrowing Capacity			121,000
Long-Term Line of Credit, Total			0	$ 0
Interest Expense, Debt, Total			0	0
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		1
Debt Covenant, Fixed Charge Coverage Ratio, Maximum Unused Availability		$ 14,000	14,000	14,000
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.10%
Revolving Credit Facility [Member] | Additional Margin on Variable Rate Option (Adjusted Term Sofr Rate) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Revolving Credit Facility [Member] | Additional Margin on Variable Rate Option (Adjusted Term Sofr Rate) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2%
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] | OneMonthAdjusted Term SOFR Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1%
Revolving Credit Facility [Member] | OneMonthAdditionalMarginOnVariableRateOptionMember | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Revolving Credit Facility [Member] | OneMonthAdditionalMarginOnVariableRateOptionMember | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1%
Standby Letters of Credit [Member]
Letters of Credit Outstanding, Amount			$ 4,000	$ 4,000

Note 13 - Restructuring and O_3

Note 13 - Restructuring and Other Impairment Activities (Details Textual) - USD ($) $ in Thousands		2 Months Ended	3 Months Ended
	Aug. 01, 2022	Sep. 30, 2022	Sep. 30, 2022		Sep. 30, 2021	[1]
Sale and Leaseback Transaction, Gain (Loss), Net	$ 1,800	$ 2,300	$ 2,257	[1]	$ 0
Sale Lease Back Transaction Deferred Liabilities	$ 5,200	4,800	4,800
Maximum [Member]
Restructuring Reserve, Current		$ 500	500
Lease Exit Costs [Member] | Retail Segment [Member]
Payments for Restructuring			$ 200
[1]In August 2022, we sold and subsequently leased back a retail design center and recognized a net gain of $2.3 million during the quarter. As of September 30, 2022, the remaining deferred liability was $4.8 million and will be recognized over the remaining life of the lease. Refer to Note 6, Leases, for further discussion on the sale-leaseback transaction.

Note 13 - Restructuring and O_4

Note 13 - Restructuring and Other Impairment Activities - Schedule of Restructuring Reserve (Details) - USD ($) $ in Thousands		2 Months Ended	3 Months Ended
	Aug. 01, 2022	Sep. 30, 2022	Sep. 30, 2022		Sep. 30, 2021
Gain on sale and leaseback transaction(1)	$ (1,800)	$ (2,300)	$ (2,257)	[1]	$ 0	[1]
Restructuring Charge			(1,996)		255
Employee Severance and Other Charges (Income) [Member]
Restructuring Charge			$ 261		$ 255
[1]In August 2022, we sold and subsequently leased back a retail design center and recognized a net gain of $2.3 million during the quarter. As of September 30, 2022, the remaining deferred liability was $4.8 million and will be recognized over the remaining life of the lease. Refer to Note 6, Leases, for further discussion on the sale-leaseback transaction.

Note 14 - Earnings Per Share (D

Note 14 - Earnings Per Share (Details Textual) - shares	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	94,379	142,083
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	181,096	293,752

Note 14 - Earnings Per Share -

Note 14 - Earnings Per Share - Calculation of Weighted Average Shares (Details) - shares shares in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Weighted average shares outstanding for basic calculation (in shares)	25,458	25,375
Dilutive effect of stock options and other share-based awards (in shares)	102	76
Weighted average shares outstanding adjusted for dilution calculation (in shares)	25,560	25,451

Note 15 - Accumulated Other C_3

Note 15 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Accumulated other comprehensive loss	$ (6,544)		$ (6,462)
Balance	407,323	$ 351,418
Other comprehensive loss, net of tax	(89)	(652)
Balance	415,739	345,046
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated other comprehensive loss	(6,623)		(6,397)
AOCI Attributable to Parent [Member]
Balance	(6,462)	(5,931)
Other comprehensive loss, net of tax	(82)	(653)
Balance	(6,544)	(6,584)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Accumulated other comprehensive loss	79		$ (65)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Other comprehensive loss, net of tax	(89)	(652)
Less AOCI attributable to noncontrolling interests	$ 7	$ (1)

Note 16 - Share-based Compens_2

Note 16 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Share-Based Payment Arrangement, Expense	$ 300	$ 300
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 3,600
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 6 months
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)	1,246,280
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		0
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 7 months 6 days
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)	$ 24.07
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)	122,497
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)	$ 7.59
Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1,200
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 8 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	4 years	4 years
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)	$ 19.48	$ 20.71
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	21,257	51,100
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	24,025
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	750
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	72,582
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)	$ 17.69
Performance Shares [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 2,200
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, Weighted Average Grant Date Fair Value (in dollars per share)	$ 18.75	$ 17.15
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	103,096	90,367
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	31,635
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	391,596
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)	$ 18.25
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)	23,970	25,410
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)	$ 25.03	$ 23.61
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 17 - Segment Information_2

Note 17 - Segment Information (Details Textual)	3 Months Ended
	Sep. 30, 2022
Number of Reportable Segments	2
Number of Company Operated Design Centers	139

Note 17 - Segment Information -

Note 17 - Segment Information - Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Net sales		$ 214,530	$ 182,327
Operating Income		39,650	27,360
Interest expense and other financing costs		55	48
Other income, net		396	28
Consolidated total		39,991	27,340
Depreciation and amortization		3,857	4,325
Capital Expenditures		3,179	1,529
Assets		721,849		$ 719,895
Assets		(721,849)		(719,895)
Intersegment Eliminations [Member]
Operating Income	[1]	2,248	196
Wholesale Segment [Member]
Depreciation and amortization		1,591	1,640
Capital Expenditures		2,061	1,088
Assets		352,403		341,466
Assets		(352,403)		(341,466)
Wholesale Segment [Member] | Operating Segments [Member]
Net sales		114,651	109,448
Operating Income		15,413	12,819
Wholesale Segment [Member] | Operating Segments [Member] | External Customers [Member]
Net sales		30,872	27,341
Wholesale Segment [Member] | Intersegment Eliminations [Member]
Net sales		(83,779)	(82,107)
Retail Segment [Member]
Depreciation and amortization		2,266	2,685
Capital Expenditures		1,118	441
Assets		400,929		412,176
Assets		(400,929)		(412,176)
Retail Segment [Member] | Operating Segments [Member]
Net sales		183,658	154,986
Operating Income		21,989	$ 14,345
Inventory Profit Elimination [Member]
Assets	[2]	31,483		33,747
Assets	[2]	$ (31,483)		$ (33,747)
[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 18 - Commitments and Con_2

Note 18 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Contractual Obligation, Total			$ 193,200
Lessee, Operating Lease, Liability, to be Paid, Total	$ 131,244		131,600
Purchase Obligation, Total			$ 40,800
Operating Lease, Payments	$ 8,230	$ 8,521