XML 63 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Jun. 30, 2013
Current assets:    
Cash and cash equivalents $ 11,993 $ 2,678
Restricted cash 0 8,084
Short-term investments 22,632 20,546
Accounts and notes receivable, net of allowance for doubtful accounts of $651 and $1,115, respectively 42,230 43,922
Inventories 71,044 60,867
Income tax receivable 228 409
Short-term derivative assets 5,153 0
Prepaid expenses 4,180 3,243
Total current assets 157,460 139,749
Property, plant and equipment, net 95,641 [1] 92,159 [1]
Intangible assets, net 5,628 6,277
Other assets 7,034 5,484
Deferred income taxes 414 467
Total assets 266,177 244,136
Current liabilities:    
Accounts payable 44,336 27,740
Accrued payroll expenses 22,190 19,757
Short-term borrowings under revolving credit facility 78 9,654
Short-term obligations under capital leases 3,779 3,409
Short-term derivative liabilities 0 9,896
Deferred income taxes 1,169 923
Other current liabilities 5,318 5,171
Total current liabilities 76,870 76,550
Long-term borrowings under revolving credit facility 0 10,000
Long-term derivative liabilities 0 1,129
Accrued postretirement benefits 19,970 16,076
Other long-term liabilities—capital leases 5,924 8,759
Accrued pension liabilities 40,256 43,800
Accrued workers’ compensation liabilities 7,604 5,132
Deferred income taxes 689 852
Total liabilities 151,313 162,298
Commitments and contingencies     
Stockholders’ equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized and none issued 0 0
Common stock, $1.00 par value, 25,000,000 shares authorized; 16,562,450 and 16,454,422 issued and outstanding at June 30, 2014 and 2013, respectively 16,562 16,454
Additional paid-in capital 35,917 34,654
Retained earnings 106,212 94,080
Unearned ESOP shares (16,035) (20,836)
Accumulated other comprehensive loss (27,792) (42,514)
Total stockholders’ equity 114,864 81,838
Total liabilities and stockholders’ equity $ 266,177 $ 244,136
[1] Includes in the years ended June 30, 2014 and 2013, expenditures for items that have not been placed in service in the amounts of $2.8 million and $3.1 million, respectively,