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Note 16 - Related Party Transactions | 12 Months Ended
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Jun. 30, 2018
Notes to Financial Statements |
Related Party Transactions Disclosure [Text Block] | NOTE 1 6 — RELATED PARTY TRANSACTIONS The Company has recorded expense for the following related party transactions in the fiscal years indicated:
(In thousands) |  | 201 8 |  |  | 2017 |  |  | 2016 |
Keating Muething & Klekamp PLL |  | $ | 161 |  |  | $ | 526 |  |  | $ | 207 |
American Engineering and Metal Working |  | $ | — |  |  | $ | — |  |  | $ | 522 |
Cost of Freedom, Inc |  | $ | 25 |  |  | $ | — |  |  | $ | — |
Atlas Melbane Street Properties, LLC |  | $ | — |  |  | $ | 314 |  |  | $ | — |
As of the balance sheet date indicated, the Company had the following liabilities recorded with respect to related party transactions:
(In thousands) |  | June 30, |  |  | June 30, |
|  | 2018 |  |  | 2017 |
Keating Muething & Klekamp PLL |  | $ | — |  |  | $ | 28 |
The Company has recognized revenue related to the following related party transactions in the fiscal years indicated:
(In thousands) |  | 2018 |  |  | 2017 |  |  | 2016 |
Wesco International |  | $ | 3,200 |  |  | $ | 2,121 |  |  | $ | 2,450 |
American Engineering and Metal Working |  | $ | — |  |  | $ | — |  |  | $ | 27 |
As of the balance sheet date indicated, the Company had the following accounts receivable recorded with respect to related party transactions:
(In thousands) |  | June 30, |  |  | June 30, |
|  | 201 8 |  |  | 2017 |
Wesco International |  | $ | 16 |  |  | $ | — |
The law firm of Keating Muething & Klekamp PLL, of which the son of one of the Company’s independent outside directors is a partner, provides certain legal services to the Company. Wesco International, of which one of the Company’s independent outside directors is a director, purchases lighting fixtures from the Company. The manufacturing firm of American Engineering and Metal Working, which is owned and operated by the son of the former president of the Company’s Graphics Segment, provides metal fabricated components. The Company leases its Burlington, North Carolina facility from Atlas Melbane Street Properties, LLC which is partially owned by a former executive of the Company. The Company contributed to a charitable cause to Cost of Freedom, Inc of which the Company’s former Chief Financial Officer is a director.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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