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Note 10 - Restructuring and Other Impairment Activities - Schedule of Restructuring, Impairments and Other Related Charges (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2019
Gain on sale of property, plant and equipment(4) | [1] | $ (473) | $ (11,497) |
Total Restructuring and other impairment charges, net of gains |  | 2,411 | (3,019) | $ 18,664
Inventory write-downs and additional reserves(5)(6) | [2],[3] | 585 | 4,107 |
Total |  | 3,050 | 2,407 |
Lease Exit Costs [Member] |  |  |  |
Restructuring Charge | [4] | 1,537 | 2,489 |
Impairments of Long-lived Assets [Member] |  |  |  |
Restructuring Charge | [5] | 623 | 5,171 |
Optimization of Manufacturing and Logistics [Member] |  |  |  |
Restructuring Charge | [6] | 302 | 829 |
Optimization of manufacturing and logistics(3)(6) | [2],[6] | 54 | 1,319 |
Employee Severance and Other Charges (Income) [Member] |  |  |  |
Restructuring Charge |  | 422 | (11) |
Restructuring, Impairment, and Other Related Charges [Member] |  |  |  |
Total Restructuring and other impairment charges, net of gains |  | $ 2,411 | $ (3,019) |
[1] | During fiscal 2021 we completed the sale of two retail properties to independent third parties. As a result of these sales, the Company recognized a pre-tax gain of $0.5 million. We also completed the sale of a wholesale property in September 2019 to an independent third party and received $12.4 million in cash less certain adjustments, including $0.9 million in selling and other closing costs. As a result of the sale, we recognized a pre-tax gain of $11.5 million in fiscal 2020.
[2] | Certain optimization of manufacturing and logistics costs, such as manufacturing variances and inventory write-downs, are reported within Cost of Sales in the consolidated statements of comprehensive income.
[3] | We recorded a non-cash charge of $0.6 million during fiscal 2021 related to the write-down and disposal of certain slow moving and discontinued inventory items, which was due to actual demand and forecasted market conditions for these inventory items being less favorable than originally estimated. Of the total inventory write-down, $0.4 million related to slow moving finished goods with the remaining $0.2 million consisting of raw materials that were disposed of. In fiscal 2020, we recorded a non-cash charge of $4.1 million to write-down and dispose of certain slow moving and discontinued inventory items. These non-cash inventory write-downs were recorded in the consolidated statement of comprehensive income within the line item Cost of Sales.
[4] | We recorded restructuring charges of $1.5 million during fiscal 2021 related to lease exit costs within the retail segment as a result of an early termination of a lease, the closing and subsequent exiting of a retail design center and the payment to assign a lease to an independent third-party. During fiscal 2020 we recorded $2.5 million of restructuring charges related to the remaining contractual obligations under leased retail space that we exited during the year.
[5] | We recorded a non-cash charge of $0.6 million during fiscal 2021 related to the impairment of long-lived assets held at a retail design center location. A year ago, we recorded an impairment charge of $5.2 million due to retail segment operating losses driven by the negative economic impacts from COVID-19. The asset group used for impairment analysis, which represented the lowest level for which identifiable cash flows were available and largely independent of the cash flows of other groups of assets, was the individual retail design center. We estimated future cash flows based on design center-level historical results, current trends, third-party appraisals, and operating and cash flow projections.
[6] | Over the past three years, we have executed on many key initiatives to further optimize 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. In connection with these initiatives, we recorded charges of $0.4 million during fiscal 2021 compared with $2.1 million during fiscal 2020. The current year charge of $0.4 million related to the closing of our Atoka distribution center and included $0.3 million within the line item Restructuring and other impairment charges, net of gains in the consolidated statements of comprehensive income and $0.1 million within Cost of Sales. Fiscal 2020 charges consisted of $1.3 million in abnormal manufacturing variances associated with the Passaic and Old Fort facilities, $0.8 million in employee severance and $0.7 million in other exit costs partially offset by $0.7 million in gains from the sale of property, plant and equipment held at our Old Fort facility. The abnormal manufacturing overhead variances of $1.3 million were recorded within Cost of Sales with the remaining $0.8 million recorded within Restructuring and other impairment charges, net of gains.

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