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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Jun. 30, 2012
ASSETS    
Cash and cash equivalents $ 21,825,000 $ 24,613,000
Accounts receivable, less allowance for uncollectible accounts of $401,000 at December 31, 2012 and $404,000 at June 30, 2012 8,066,000 8,869,000
Inventories 16,167,000 17,708,000
Deferred income taxes 555,000 391,000
Other current assets 917,000 889,000
Total current assets 47,530,000 52,470,000
Property, Plant and Equipment, net 4,973,000 4,860,000
Goodwill, net 17,227,000 17,227,000
Other Intangible Assets, net 7,421,000 7,902,000
Other Non-Current Assets 248,000 255,000
Total assets 77,399,000 82,714,000
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,754,000 1,890,000
Accrued expenses 1,652,000 2,735,000
Contingent earnout liability 285,000 1,700,000
Dividends payable 0 429,000
Income taxes payable 84,000 413,000
Total current liabilities 3,775,000 7,167,000
Non-Current Portion of Contingent Earnout Liability 2,815,000 3,300,000
Deferred Income Taxes 2,415,000 2,429,000
Total liabilities 9,005,000 12,896,000
Stockholders' Equity:    
Common stock 31,982,000 31,294,000
Retained earnings 38,338,000 40,450,000
Treasury stock, at cost (1,926,000) (1,926,000)
Total stockholders' equity 68,394,000 69,818,000
Total liabilities and stockholders' equity $ 77,399,000 $ 82,714,000