| Quarterly Financial Information [Text Block] |
NOTE 19 — SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
| | Quarter Ended | | | | | |
(In thousands except per share data) | | Sep. 30 | | | Dec. 31 | | | Mar. 31 | | | Jun. 30 | | | Fiscal Year | |
| | | | | | | | | | | | | | | | | | | | |
2026 | | | | | | | | | | | | | | | | | | | | |
Net Sales | | $ | 157,249 | | | $ | 147,002 | | | $ | 150,525 | | | $ | 234,621 | | | $ | 689,397 | |
Gross Profit | | | 40,277 | | | | 37,434 | | | | 38,239 | | | | 57,415 | | | | 173,365 | |
Net Income | | | 7,264 | | | | 6,348 | | | | 2,091 | | | | 6,876 | | | | 22,579 | |
| | | | | | | | | | | | | | | | | | | | |
Earnings per share | | | | | | | | | | | | | | | | | | | | |
Basic | | $ | 0.24 | | | $ | 0.20 | | | $ | 0.06 | | | $ | 0.19 | | | $ | 0.69 | |
Diluted | | $ | 0.23 | | | $ | 0.20 | | | $ | 0.06 | | | $ | 0.18 | | | $ | 0.67 | |
| | | | | | | | | | | | | | | | | | | | |
Range of share prices | | | | | | | | | | | | | | | | | | | | |
High | | $ | 23.83 | | | $ | 23.73 | | | $ | 23.25 | | | $ | 26.80 | | | $ | 26.80 | |
Low | | $ | 17.24 | | | $ | 17.25 | | | $ | 18.22 | | | $ | 18.51 | | | $ | 17.24 | |
| | | | | | | | | | | | | | | | | | | | |
2025 | | | | | | | | | | | | | | | | | | | | |
Net Sales | | $ | 138,095 | | | $ | 147,734 | | | $ | 132,481 | | | $ | 155,067 | | | $ | 573,377 | |
Gross Profit | | | 33,647 | | | | 34,861 | | | | 32,843 | | | | 40,429 | | | | 141,780 | |
Net Income | | | 6,682 | | | | 5,647 | | | | 3,883 | | | | 8,171 | | | | 24,383 | |
| | | | | | | | | | | | | | | | | | | | |
Earnings per share | | | | | | | | | | | | | | | | | | | | |
Basic | | $ | 0.23 | | | $ | 0.19 | | | $ | 0.13 | | | $ | 0.27 | | | $ | 0.82 | |
Diluted | | $ | 0.22 | | | $ | 0.18 | | | $ | 0.13 | | | $ | 0.26 | | | $ | 0.79 | |
| | | | | | | | | | | | | | | | | | | | |
Range of share prices | | | | | | | | | | | | | | | | | | | | |
High | | $ | 17.06 | | | $ | 20.86 | | | $ | 24.72 | | | $ | 17.43 | | | $ | 24.72 | |
Low | | $ | 13.90 | | | $ | 15.88 | | | $ | 17.00 | | | $ | 14.65 | | | $ | 13.90 | |
| | | | | | | | | | | | | | | | | | | | |
2024 | | | | | | | | | | | | | | | | | | | | |
Net Sales | | $ | 123,441 | | | $ | 109,005 | | | $ | 108,186 | | | $ | 129,006 | | | $ | 469,638 | |
Gross Profit | | | 36,589 | | | | 31,536 | | | | 31,210 | | | | 33,833 | | | | 133,168 | |
Net Income | | | 8,028 | | | | 5,906 | | | | 5,375 | | | | 5,668 | | | | 24,977 | |
| | | | | | | | | | | | | | | | | | | | |
Earnings per share | | | | | | | | | | | | | | | | | | | | |
Basic | | $ | 0.28 | | | $ | 0.20 | | | $ | 0.18 | | | $ | 0.19 | | | $ | 0.86 | |
Diluted | | $ | 0.27 | | | $ | 0.20 | | | $ | 0.18 | | | $ | 0.19 | | | $ | 0.83 | |
| | | | | | | | | | | | | | | | | | | | |
Range of share prices | | | | | | | | | | | | | | | | | | | | |
High | | $ | 16.05 | | | $ | 16.75 | | | $ | 15.47 | | | $ | 16.07 | | | $ | 16.75 | |
Low | | $ | 11.90 | | | $ | 12.19 | | | $ | 13.40 | | | $ | 13.97 | | | $ | 11.90 | |
LSI INDUSTRIES INC. AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED June 30, 2026, 2025 and 2024
(In thousands)
| | | | | | Additions | | | Additions | | | | | | | | | |
| | Balance | | | Charged to | | | from | | | | | | | Balance | |
| | Beginning | | | Costs and | | | Company | | | Deductions | | | End of | |
Description | | of Period | | | Expenses | | | Acquired | | | (a) | | | Period | |
| | | | | | | | | | | | | | | | | | | | |
Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | | |
Year Ended June 30, 2026 | | $ | 1,152 | | | $ | 47 | | | $ | 750 | | | $ | (54 | ) | | $ | 1,895 | |
Year Ended June 30, 2025 | | $ | 848 | | | $ | 333 | | | $ | 73 | | | $ | (102 | ) | | $ | 1,152 | |
Year Ended June 30, 2024 | | $ | 435 | | | $ | (8 | ) | | $ | 477 | | | $ | (56 | ) | | $ | 848 | |
| | | | | | | | | | | | | | | | | | | | |
Inventory Obsolescence Reserve: | | | | | | | | | | | | | | | | | | | | |
Year Ended June 30, 2026 | | $ | 8,025 | | | $ | 1,175 | | | $ | 5,300 | | | $ | (1,819 | ) | | $ | 12,681 | |
Year Ended June 30, 2025 | | $ | 6,838 | | | $ | 2,339 | | | $ | 662 | | | $ | (1,814 | ) | | $ | 8,025 | |
Year Ended June 30, 2024 | | $ | 6,288 | | | $ | 1,058 | | | $ | 1,428 | | | $ | (1,936 | ) | | $ | 6,838 | |
| | | | | | | | | | | | | | | | | | | | |
Deferred Tax Asset Valuation Reserve: | | | | | | | | | | | | | | | | | | | | |
Year Ended June 30, 2026 | | $ | 108 | | | $ | - | | | $ | - | | | $ | - | | | $ | 108 | |
Year Ended June 30, 2025 | | $ | 108 | | | $ | - | | | $ | - | | | $ | - | | | $ | 108 | |
Year Ended June 30, 2024 | | $ | 108 | | | $ | - | | | $ | - | | | $ | - | | | $ | 108 | |
(a) | For Allowance for credit losses, deductions are uncollectible accounts charged off, less recoveries. |
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