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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities:      
Net income $ 6,700,000 $ 1,982,000 $ 5,527,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,670,000 1,628,000 1,219,000
Deferred income taxes (270,000) 15,000 (148,000)
Stock based compensation expense 736,000 775,000 794,000
Adjustment of contingent earnout liability 500,000 4,500,000 0
Change in operating assets and liabilities, net of SeaBotix Inc. acquisition effect in 2011:      
Accounts receivable (3,439,000) (945,000) (372,000)
Inventories 571,000 (1,707,000) (939,000)
Other assets (92,000) (148,000) (151,000)
Accounts payable 875,000 989,000 (482,000)
Accrued expenses 507,000 672,000 17,000
Income taxes payable (341,000) 164,000 (199,000)
Net cash provided by operating activities 7,417,000 7,925,000 5,266,000
Cash Flows From Investing Activities:      
Purchase of SeaBotix Inc., net of cash acquired of $316,000 in 2011 (2,185,000) (4,060,000) (11,184,000)
Capital expenditures and other non-current assets (792,000) (1,060,000) (417,000)
Net cash used by investing activities (2,977,000) (5,120,000) (11,601,000)
Cash Flows From Financing Activities:      
Dividends paid (6,550,000) (9,005,000) 0
Purchase of treasury stock 0 (966,000) (877,000)
Exercise of stock options 286,000 79,000 0
Tax asset (liability) from vested restricted stock and stock options exercised 27,000 17,000 (34,000)
Repayment of SeaBotix Inc. debt assumed in acquisition 0 0 (539,000)
Net cash used by financing activities (6,237,000) (9,875,000) (1,450,000)
Net decrease in cash and cash equivalents (1,797,000) (7,070,000) (7,785,000)
Cash and cash equivalents at beginning of year 24,613,000 31,683,000 39,468,000
Cash and cash equivalents at end of year 22,816,000 24,613,000 31,683,000
Supplemental disclosure of cash flow information:      
Income taxes paid 4,209,000 2,562,000 3,026,000
Non cash transactions:      
Transfer of property, plant and equipment to inventory $ 0 $ 627,000 $ 0