XML 52 R36.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Note 15 - Leases (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2021
Notes Tables |
Lease, Cost [Table Text Block] |
|  | Three Months Ended |  |  | Six Months Ended |
|  | December 31 |  |  | December 31 |
(In thousands) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Operating lease cost |  | $ | 870 |  |  | $ | 565 |  |  | $ | 1,749 |  |  | $ | 1,138 |
Financing lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right of use assets |  |  | 74 |  |  |  | 72 |  |  |  | 148 |  |  |  | 145 |
Interest on lease liabilities |  |  | 20 |  |  |  | 23 |  |  |  | 41 |  |  |  | 47 |
Variable lease cost |  |  | 22 |  |  |  | 1 |  |  |  | 44 |  |  |  | 2 |
Sublease income |  |  | (94 | ) |  |  | - |  |  |  | (188 | ) |  |  | - |
Total lease cost |  | $ | 892 |  |  | $ | 661 |  |  | $ | 1,794 |  |  | $ | 1,332 |
|  | Six Months Ended |
|  | December 31 |
(In thousands) |  | 2021 |  |  | 2020 |
Cash flows from operating leases |  |  |  |  |  |  |  |
Fixed payments - operating cash flows |  | $ | 1,778 |  |  | $ | 1,141 |
Liability reduction - operating cash flows |  | $ | 1,502 |  |  | $ | 929 |
Cash flows from finance leases |  |  |  |  |  |  |  |
Interest - operating cash flows |  | $ | 42 |  |  | $ | 47 |
Repayments of principal portion - financing cash flows |  | $ | 129 |  |  | $ | 118 |
|  | December 31, |  |  | June 30, |
|  | 2021 |  |  | 2021 |
Total operating right-of-use assets |  | $ | 10,185 |  |  | $ | 11,579 |
Accrued expenses (Current liabilities) |  | $ | 1,446 |  |  | $ | 1,424 |
Long-term operating lease liability |  |  | 9,436 |  |  |  | 10,890 |
Total operating lease liabilities |  | $ | 10,882 |  |  | $ | 12,314 |
Weighted Average remaining Lease Term (in years) |  |  | 3.49 |  |  |  | 3.93 |
Weighted Average Discount Rate |  |  | 4.81 | % |  |  | 4.81 | %
|  | December 31, |  |  | June 30, |
|  | 2021 |  |  | 2021 |
Buildings under finance leases |  | $ | 2,033 |  |  | $ | 2,033 |
Equipment under finance leases |  |  | 30 |  |  |  | 30 |
Accumulated depreciation |  |  | (487 | ) |  |  | (339 | )
Total finance lease assets, net |  | $ | 1,576 |  |  | $ | 1,724 |
Accrued expenses (Current liabilities) |  | $ | 269 |  |  | $ | 263 |
Long-term finance lease liability |  |  | 1,386 |  |  |  | 1,521 |
Total finance lease liabilities |  | $ | 1,655 |  |  | $ | 1,784 |
Weighted Average remaining Lease Term (in years) |  |  | 5.28 |  |  |  | 5.78 |
Weighted Average Discount Rate |  |  | 4.86 | % |  |  | 4.86 | %
Lessee, Leases, Liability, Maturity [Table Text Block] |
|  | Operating Lease Liabilities |  |  | Finance Lease Liabilities |  |  | Operating Subleases |  |  | Net Lease Commitments |
2022 |  | $ | 1,920 |  |  | $ | 191 |  |  | $ | (189 | ) |  | $ | 1,922 |
2023 |  |  | 3,577 |  |  |  | 342 |  |  |  | (377 | ) |  |  | 3,542 |
2024 |  |  | 3,280 |  |  |  | 337 |  |  |  | (377 | ) |  |  | 3,240 |
2025 |  |  | 2,130 |  |  |  | 362 |  |  |  | (31 | ) |  |  | 2,461 |
2026 |  |  | 828 |  |  |  | 362 |  |  |  | - |  |  |  | 1,190 |
Thereafter |  |  | 216 |  |  |  | 304 |  |  |  | - |  |  |  | 520 |
Total lease payments |  | $ | 11,951 |  |  | $ | 1,898 |  |  | $ | (974 | ) |  | $ | 12,875 |
Less: Interest |  |  | (1,069 | ) |  |  | (243 | ) |  |  |  |  |  |  | (1,312 | )
Present Value of Lease Liabilities |  | $ | 10,882 |  |  | $ | 1,655 |  |  |  |  |  |  | $ | 11,563 |

X
- Definition Tabular disclosure of the lessee's leases. + References No definition available. + Details
Name: | lyts_LesseeLeasesLiabilityMaturityTableTextBlock
Namespace Prefix: | lyts_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration