CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Current assets:
Cash and cash equivalents	$ 10,263	$ 60,013
Restricted cash	175	0
Accounts receivable, net of allowance for doubtful accounts of $325 and $1,796, respectively	40,321	40,882
Inventories	76,791	67,408
Income tax receivable	0	831
Short-term derivative assets	4,351	165
Prepaid expenses	5,594	7,414
Assets held for sale	1,591	0
Total current assets	139,086	176,713
Property, plant and equipment, net	150,091	165,633
Intangible assets, net	18,252	20,662
Other assets	4,323	8,574
Right-of-use operating lease assets	26,254	21,117
Total assets	338,006	392,699
Current liabilities:
Accounts payable	45,703	36,987
Accrued payroll expenses	15,345	9,394
Operating leases liabilities - current	6,262	5,854
Term loan - current	950	0
Short-term derivative liabilities	1,555	5,255
Other current liabilities	6,425	6,802
Total current liabilities	76,240	64,292
Long-term borrowings under revolving credit facility	88,778	122,000
Loans Payable, Noncurrent	44,328	0
Accrued pension liabilities	39,229	58,772
Accrued postretirement benefits	960	9,993
Accrued workers’ compensation liabilities	3,649	4,569
Operating lease liabilities - noncurrent	20,049	15,628
Other long-term liabilities	5,092	5,532
Total liabilities	233,047	280,786
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 June 30, 2021 and 2020, respectively; liquidation preference of $16,752 and $16,178 as of June 30, 2021 and 2020, respectively	15	15
Common stock, $1.00 par value, 25,000,000 shares authorized; 17,852,793 and 17,347,774 shares issued and outstanding at June 30, 2021 and 2020 , respectively	17,853	17,348
Additional paid-in capital	66,109	62,043
Retained earnings	66,311	108,536
Accumulated other comprehensive loss	(45,329)	(76,029)
Total stockholders’ equity	104,959	111,913
Total liabilities and stockholders’ equity	$ 338,006	$ 392,699