Note 15 - Accumulated Other Comprehensive Loss

6 Months Ended

Dec. 31, 2024

Comprehensive Income (Loss) Note [Text Block]

(15)

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of foreign currency translation adjustments and unrealized gains or losses on our investments. Foreign currency translation adjustments are the result of changes in foreign currency exchange rates related to our operations in Canada, Honduras and Mexico. Assets and liabilities are translated into U.S. dollars using the current period-end exchange rate and income and expense amounts are translated using the average exchange rate for the period in which the transaction occurred. All unrealized gains and losses on investments are included in Accumulated Other Comprehensive Loss within our consolidated balance sheets.

The components of accumulated other comprehensive loss are as follows (in thousands):

	December 31, 2024			June 30, 2024
Accumulated foreign currency translation adjustments	$	(8,066	)	$	(5,085	)
Accumulated unrealized gains on investments, net of tax		1,563			896
	$	(6,503	)	$	(4,189	)

The following table sets forth the activity in accumulated other comprehensive loss (in thousands):

	2024			2023
Beginning balance at July 1	$	(4,189	)	$	(2,785	)
Other comprehensive (loss) income, net of tax		(2,347	)		1,708
Less AOCI attributable to noncontrolling interests		33			14
Ending balance at December 31	$	(6,503	)	$	(1,063	)

ETHAN ALLEN INTERIORS INC 10-Q