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Note 13 - Disposition of Majority Interest in Subsidiary | 12 Months Ended
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Jun. 30, 2012
Mergers, Acquisitions and Dispositions Disclosures [Text Block] | (13) DISPOSITION OF MAJORITY INTEREST IN SUBSIDIARY In February 2011, the Company entered into a joint venture, whereby the Company sold a 65% majority interest, in its TruckersB2B subsidiary to an unrelated third party. TruckersB2B will continue normal daily operations with an expanding sales and marketing team to develop growth. TruckersB2B is controlled by a five person executive committee, of which the Company has two committee seats. In conjunction with the transaction, the Company recognized a pre-tax gain of $4.1 million and de-consolidated the subsidiary, including $2.4 million of goodwill, which reduced the carrying balance of goodwill to $16.7 million. Approximately $2.6 million of the gain related to the fair market valuation of the Company's continuing 35% ownership.

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References No definition available. + Details
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Period Type: | duration