v3.26.1
Note 1 - Summary of Accounting Policies - Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Interest rate swaps $ 2,310  
Foreign exchange contracts 299  
Debt securities [1]   $ 3,629
Equity securities [2]   2,211
Foreign exchange contracts   68
Contingent consideration [3]   660
Fair Value, Inputs, Level 1 [Member]    
Interest rate swaps 0  
Foreign exchange contracts 0  
Debt securities [1]   0
Equity securities [2]   0
Foreign exchange contracts   0
Contingent consideration [3]   660
Fair Value, Inputs, Level 2 [Member]    
Interest rate swaps 2,310  
Foreign exchange contracts 299  
Debt securities [1]   0
Equity securities [2]   0
Foreign exchange contracts   68
Contingent consideration [3]   0
Fair Value, Inputs, Level 3 [Member]    
Interest rate swaps 0  
Foreign exchange contracts 0  
Debt securities [1]   3,629
Equity securities [2]   2,211
Foreign exchange contracts   0
Contingent consideration [3]   0
Deferred Compensation Plan [Member]    
Marketable securities - deferred compensation plan 6,680 4,980
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]    
Marketable securities - deferred compensation plan 6,680 4,980
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 2 [Member]    
Marketable securities - deferred compensation plan 0 0
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 3 [Member]    
Marketable securities - deferred compensation plan $ 0 $ 0
[1] In the third quarter of fiscal year 2023, the Company purchased $2.7 million of debt securities from the same privately held company. The available for sale asset was recorded as a current asset in the prepaid expenses and other current assets line of the consolidated balance sheet to reflect the initial fair value of the instrument acquired. In April 2026, these debt securities were converted into additional equity shares of the same privately held company.
[2] The Company invested $2.0 million for equity securities of a company whose securities are not publicly traded and where fair value is not readily available. This was recorded as an investment within other non-current assets in the consolidated balance sheets to reflect the initial fair value of the stock acquired. This investment is recorded at cost minus any impairment adjusted for observable price changes. The Company concluded it does not have a significant ownership percentage or influence. The Company monitors this investment to evaluate whether any increase or decline in the value has occurred, based on the implied value of recent company financings, public market prices of comparable companies and general market conditions.
[3] The Company’s financial liabilities based upon Level 3 inputs comprise of contingent consideration arrangement relating to its acquisition of SEPL in the event that certain financial targets are achieved during the two years following its acquisition in the fourth quarter of fiscal year 2024. The Company determined the fair value of the liabilities for the contingent consideration based on an evaluation of the probability and amount of any deferred compensation that has been earned to date. This fair value measurement is based on significant inputs not observable in the market and thus represents a Level 3 measurement within the fair value hierarchy. The fair value of the contingent consideration liability associated with future payments was based on several factors, the most significant of which are typically the financial performance of the acquired business and the risk-adjusted discount rate for the fair value measurement. During the year ended June 30, 2026 , the reduction in the fair value of the contingent consideration liability was a result of the Company’s payment of $0.6 million pursuant to the SEPL agreement.