XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 17,624 $ 9,819
Restricted cash 2,316 175
Accounts receivable, net of allowance for credit losses of $190 and $195, respectively 50,313 46,935
Inventories 83,537 99,618
Short-term derivative assets 1,836 3,022
Prepaid expenses 4,480 4,491
Assets held for sale 110 1,032
Total current assets 160,216 165,092
Property, plant and equipment, net 133,726 138,150
Intangible assets, net 14,678 15,863
Right-of-use operating lease assets 27,341 27,957
Other assets 3,033 3,009
Total assets 338,994 350,071
Current liabilities:    
Accounts payable 62,616 52,877
Accrued payroll expenses 8,925 14,761
Right-of-use operating lease liabilities - current 7,974 7,721
Term loan - current 3,133 3,800
Short term derivative liability 5,352 2,349
Other current liabilities 5,626 6,095
Total current liabilities 93,626 87,603
Long-term borrowings under revolving credit facility 67,000 63,000
Term loan - noncurrent 42,131 40,123
Accrued pension liabilities 28,513 28,540
Accrued postretirement benefits 807 787
Accrued workers’ compensation liabilities 2,704 3,169
Right-of-use operating lease liabilities - noncurrent 19,938 20,762
Other long-term liabilities 1,337 1,339
Total liabilities 256,056 245,323
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; no shares outstanding as of December 31, 2022 and 14,700 shares issued and outstanding as of June 30, 2022; liquidation preference of $17,346 as of June 30, 2022 0 15
Common stock, $1.00 par value, 50,000,000 shares authorized; 19,681,943 and 18,464,966 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively 19,683 18,466
Additional paid-in capital 74,094 71,997
Retained earnings 31,719 52,701
Accumulated other comprehensive loss (42,558) (38,431)
Total stockholders’ equity 82,938 104,748
Total liabilities and stockholders’ equity $ 338,994 $ 350,071