CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 7,425	$ 6,983
Accounts receivable, net	57,465	55,155
Inventories	91,730	87,910
Income tax receivable	1,741	1,191
Short-term derivative assets	317	1,865
Prepaid expenses	7,500	6,804
Assets held for sale	1,718	0
Total current assets	167,896	159,908
Property, plant and equipment, net	181,154	189,458
Goodwill	36,224	36,224
Intangible assets, net	28,275	28,878
Other assets	9,485	9,468
Long-term derivatives assets	215	674
Right-of-use operating lease assets	16,349	0
Total assets	439,598	424,610
Current liabilities:
Accounts payable	71,800	72,771
Accrued payroll expenses	16,109	14,518
Operating leases liabilities - current	4,332	0
Short-term derivative liabilities	3,461	1,474
Other current liabilities	7,024	7,309
Total current liabilities	102,726	96,072
Long-term borrowings under revolving credit facility	85,000	92,000
Accrued pension liabilities	46,290	47,216
Accrued postretirement benefits	22,751	23,024
Accrued workers’ compensation liabilities	4,747	4,747
Operating lease liabilities - noncurrent	12,084	0
Other long-term liabilities	4,431	4,057
Total liabilities	278,029	267,116
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $1.00 par value, 500,000 shares authorized; Series A Convertible Participating Cumulative Perpetual Preferred Stock, 21,000 shares authorized; 14,700 shares issued and outstanding as of September 30, 2019 and June 30, 2019; liquidation preference of $15,761 and $15,624 as of September 30, 2019 and June 30, 2019, respectively	15	15
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,095,198 and 17,042,132 shares issued and outstanding as of September 30, 2019 and June 30, 2019, respectively	17,095	17,042
Additional paid-in capital	58,718	57,912
Retained earnings	150,694	146,177
Accumulated other comprehensive loss	(64,953)	(63,652)
Total stockholders’ equity	161,569	157,494
Total liabilities and stockholders’ equity	$ 439,598	$ 424,610