XML 37 R24.htm IDEA: XBRL DOCUMENT
v3.23.2

Schedule II - Valuation and Qualifying Accounts | 12 Months Ended
--- | ---
Jun. 30, 2023
Notes to Financial Statements |
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | LSI INDUSTRIES INC. AND SUBSIDIARIES SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED JUNE 30, 2023, and 2022 (In thousands)
Description |  | Balance Beginning of Period |  |  | Additions Charged to Costs and Expenses |  |  | Additions from Company Acquired |  |  | Deductions (a) |  |  | Balance End of Period |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended June 30, 2023 |  | $ | 499 |  |  | $ | (19 | ) |  | $ | - |  |  | $ | (45 | ) |  | $ | 435 |
Year Ended June 30, 2022 |  | $ | 256 |  |  | $ | 249 |  |  | $ | - |  |  | $ | (6 | ) |  | $ | 499 |
Inventory Obsolescence Reserve: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended June 30, 2023 |  | $ | 5,447 |  |  | $ | 2,496 |  |  | $ | - |  |  | $ | (1,654 | ) |  | $ | 6,289 |
Year Ended June 30, 2022 |  | $ | 5,050 |  |  | $ | 2,111 |  |  | $ | - |  |  | $ | (1,714 | ) |  | $ | 5,447 |
Deferred Tax Asset Valuation Reserve: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year Ended June 30, 2023 |  | $ | 108 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 108 |
Year Ended June 30, 2022 |  | $ | 108 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 108 |
(a) | For Allowance for credit losses, deductions are uncollectible accounts charged off, less recoveries.

X
- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
Name: | srt_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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