Note
2: Trade Receivables, Net
Trade
Receivables, Net consists of the following at:
Schedule of Trade Receivables, Net
| ($ in thousands) | |
June 30, 2026 | | |
June 30, 2025 | |
| Trade Receivables | |
$ | 117,700 | | |
$ | 100,799 | |
| Less: | |
| | | |
| | |
| Allowance for Credit Losses | |
| (811 | ) | |
| (867 | ) |
| Sales Returns Reserve | |
| (2,748 | ) | |
| (2,257 | ) |
| Customer Rebate and Discount Reserve | |
| (3,103 | ) | |
| (2,648 | ) |
| Total Allowances | |
| (6,662 | ) | |
| (5,772 | ) |
| Trade Receivables, Net | |
$ | 111,038 | | |
$ | 95,027 | |
The
following table provides a roll forward of the allowance for credit losses accounts for the fiscal years ended June 30, 2026, and 2025:
Schedule
of Allowance For Credit Losses
| Allowance for Credit Losses Roll forward | |
June 30, 2026 | | |
June 30, 2025 | |
| ($ in thousands) | |
| | |
| |
| Beginning Balance | |
| (867 | ) | |
| (648 | ) |
| Current Period Provision for Expected Credit Losses | |
| (1,445 | ) | |
| (1,068 | ) |
| Write-offs | |
| 1,509 | | |
| 861 | |
| Recoveries of Previously Written-off Accounts | |
| (8 | ) | |
| (12 | ) |
| Ending Balance | |
| (811 | ) | |
| (867 | ) |
|