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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 5,857,000 $ 60,013,000
Accounts receivable, net 41,864,000 40,882,000
Inventories 80,617,000 67,408,000
Income tax receivable 0 831,000
Short-term derivative assets 3,772,000 165,000
Prepaid expenses 8,303,000 7,414,000
Total current assets 140,413,000 176,713,000
Property, plant and equipment, net 159,855,000 165,633,000
Goodwill 0  
Intangible assets, net 19,457,000 20,662,000
Other assets 8,700,000 8,564,000
Long-term derivatives assets 0 10,000
Right-of-use operating lease assets 27,658,000 21,117,000
Total assets 356,083,000 392,699,000
Current liabilities:    
Accounts payable 49,797,000 36,987,000
Accrued payroll expenses 15,769,000 9,394,000
Operating leases liabilities - current 7,029,000 5,854,000
Short-term derivative liabilities 1,428,000 5,255,000
Other current liabilities 7,489,000 6,802,000
Total current liabilities 81,512,000 64,292,000
Long-term borrowings under revolving credit facility 82,000,000 122,000,000
Accrued pension liabilities 56,358,000 58,772,000
Accrued postretirement benefits 10,309,000 9,993,000
Accrued workers’ compensation liabilities 3,687,000 4,569,000
Operating lease liabilities - noncurrent 20,770,000 15,628,000
Other long-term liabilities 5,254,000 5,532,000
Total liabilities 259,890,000 280,786,000
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 December 31, 2020 and June 30, 2020; liquidation preference of $16,463 and $16,178 as of December 31, 2020 and June 30, 2020, respectively 15,000 15,000
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,591,084 and 17,347,774 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively 17,591,000 17,348,000
Additional paid-in capital 63,739,000 62,043,000
Retained earnings 84,256,000 108,536,000
Accumulated other comprehensive loss (69,408,000) (76,029,000)
Total stockholders’ equity 96,193,000 111,913,000
Total liabilities and stockholders’ equity $ 356,083,000 $ 392,699,000