Clearfield, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Leases (Tables)

Note 10 - Leases (Tables)

9 Months Ended

Jun. 30, 2021

Notes Tables

Lessee, Operating Lease Expense [Table Text Block]

		Three Months Ended June 30,								Nine Months Ended June 30,
Operating lease expense within:		2021				2020				2021				2020
Cost of sales		$	242, 178			$	247,897			$	747,573			$	652,399
Selling, general and administrative			51,275				54,345				162,008				166,109
Total lease expense		$	293,453			$	302,242			$	909,581			$	818,508

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

FY2021		$	242,982
FY2022			986,844
FY2023			943,682
FY2024			516,725
FY2025			217,552
Thereafter			-
Total lease payments			2,907,785
Less: Interest			(157,655	)
Present value of lease liabilities		$	2,750,130