XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Note 13 - Leases (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2023
Notes Tables |
Lease, Cost [Table Text Block] |
|  | Three Months Ended |  |  | Six Months Ended |
|  | December 31 |  |  | December 31 |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Operating lease cost |  | $ | 993 |  |  | $ | 885 |  |  | $ | 1,900 |  |  | $ | 1,776 |
Financing lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right of use assets |  |  | 73 |  |  |  | 74 |  |  |  | 146 |  |  |  | 148 |
Interest on lease liabilities |  |  | 14 |  |  |  | 17 |  |  |  | 28 |  |  |  | 35 |
Variable lease cost |  |  | 22 |  |  |  | 22 |  |  |  | 44 |  |  |  | 44 |
Sublease income |  |  | (116 | ) |  |  | (116 | ) |  |  | (232 | ) |  |  | (232 | )
Total lease cost |  | $ | 986 |  |  | $ | 882 |  |  | $ | 1,886 |  |  | $ | 1,771 |
Supplemental Cash Flow Information: |  | Six Months Ended |
|  | December 31 |
(In thousands) |  | 2023 |  |  | 2022 |
Cash flows from operating leases |  |  |  |  |  |  |  |
Fixed payments - operating cash flows |  | $ | 1,778 |  |  | $ | 1,832 |
Liability reduction - operating cash flows |  | $ | 1,537 |  |  | $ | 1,618 |
Cash flows from finance leases |  |  |  |  |  |  |  |
Interest - operating cash flows |  | $ | 28 |  |  | $ | 35 |
Repayments of principal portion - financing cash flows |  | $ | 156 |  |  | $ | 123 |
Operating Leases: |  | December 31, |  |  | June 30, |
|  | 2023 |  |  | 2023 |
Total operating right-of-use assets |  | $ | 9,931 |  |  | $ | 8,921 |
Accrued expenses (Current liabilities) |  | $ | 3,752 |  |  | $ | 3,566 |
Long-term operating lease liability |  |  | 6,851 |  |  |  | 5,954 |
Total operating lease liabilities |  | $ | 10,603 |  |  | $ | 9,520 |
Weighted Average remaining Lease Term (in years) |  |  | 3.89 |  |  |  | 3.31 |
Weighted Average Discount Rate |  |  | 5.33 | % |  |  | 5.44 | %
Finance Leases: |  | December 31, |  |  | June 30, |
|  | 2023 |  |  | 2023 |
Buildings under finance leases |  | $ | 2,033 |  |  | $ | 2,033 |
Equipment under finance leases |  |  | 41 |  |  |  | 34 |
Accumulated depreciation |  |  | (1,086 | ) |  |  | (929 | )
Total finance lease assets, net |  | $ | 1,060 |  |  | $ | 1,138 |
Accrued expenses (Current liabilities) |  | $ | 307 |  |  | $ | 284 |
Long-term finance lease liability |  |  | 800 |  |  |  | 960 |
Total finance lease liabilities |  | $ | 1,107 |  |  | $ | 1,244 |
Weighted Average remaining Lease Term (in years) |  |  | 3.33 |  |  |  | 3.83 |
Weighted Average Discount Rate |  |  | 4.86 | % |  |  | 4.86 | %
Lessee, Leases, Liability, Maturity [Table Text Block] |
Maturities of Lease Liability: |  | Operating Lease Liabilities |  |  | Finance Lease Liabilities |  |  | Operating Subleases |  |  | Net Lease Commitments |
2024 |  | $ | 3,752 |  |  | $ | 307 |  |  | $ | (189 | ) |  | $ | 3,870 |
2025 |  |  | 3,026 |  |  |  | 362 |  |  |  | (31 | ) |  |  | 3,357 |
2026 |  |  | 1,929 |  |  |  | 362 |  |  |  | - |  |  |  | 2,291 |
2027 |  |  | 1,463 |  |  |  | 195 |  |  |  | - |  |  |  | 1,658 |
2028 |  |  | 649 |  |  |  | - |  |  |  | - |  |  |  | 649 |
Thereafter |  |  | 1,131 |  |  |  | - |  |  |  | - |  |  |  | 1,131 |
Total lease payments |  | $ | 11,950 |  |  | $ | 1,226 |  |  | $ | (220 | ) |  | $ | 12,956 |
Less: Interest |  |  | (1,347 | ) |  |  | (119 | ) |  |  |  |  |  |  | (1,466 | )
Present Value of Lease Liabilities |  | $ | 10,603 |  |  | $ | 1,107 |  |  |  |  |  |  | $ | 11,490 |

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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + 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