XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 11,025,000 $ 60,013,000
Accounts receivable, net 42,115,000 40,882,000
Inventories 71,729,000 67,408,000
Income tax receivable 0 831,000
Short-term derivative assets 945,000 165,000
Prepaid expenses 8,050,000 7,414,000
Total current assets 133,864,000 176,713,000
Property, plant and equipment, net 162,848,000 165,633,000
Goodwill 0  
Intangible assets, net 20,059,000 20,662,000
Other assets 9,202,000 8,564,000
Long-term derivatives assets 23,000 10,000
Right-of-use operating lease assets 29,025,000 21,117,000
Total assets 355,021,000 392,699,000
Current liabilities:    
Accounts payable 50,038,000 36,987,000
Accrued payroll expenses 12,826,000 9,394,000
Operating leases liabilities - current 7,631,000 5,854,000
Short-term derivative liabilities 2,630,000 5,255,000
Other current liabilities 6,624,000 6,802,000
Total current liabilities 79,749,000 64,292,000
Long-term borrowings under revolving credit facility 69,800,000 122,000,000
Accrued pension liabilities 59,097,000 58,772,000
Accrued postretirement benefits 10,151,000 9,993,000
Accrued workers’ compensation liabilities 4,569,000 4,569,000
Operating lease liabilities - noncurrent 21,818,000 15,628,000
Other long-term liabilities 6,209,000 5,532,000
Total liabilities 251,393,000 280,786,000
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, 2020 and June 30, 2020; liquidation preference of $16,320 and $16,178 as of September 30, 2020 and June 30, 2020, respectively 15,000 15,000
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,431,815 and 17,347,774 shares issued and outstanding as of September 30, 2020 and June 30, 2020, respectively 17,432,000 17,348,000
Additional paid-in capital 63,104,000 62,043,000
Retained earnings 102,124,000 108,536,000
Accumulated other comprehensive loss (79,047,000) (76,029,000)
Total stockholders’ equity 103,628,000 111,913,000
Total liabilities and stockholders’ equity $ 355,021,000 $ 392,699,000