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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Jun. 30, 2013
ASSETS    
Cash and cash equivalents $ 23,704,000 $ 22,816,000
Accounts receivable, less allowance for uncollectible accounts of $386,000 at December 31, 2013 and $255,000 at June 30, 2013 16,169,000 12,308,000
Inventories 18,544,000 17,137,000
Deferred income taxes 663,000 478,000
Other current assets 533,000 981,000
Total current assets 59,613,000 53,720,000
Property, Plant and Equipment, net 5,356,000 4,922,000
Goodwill, net 17,227,000 17,227,000
Other Intangible Assets, net 6,578,000 6,967,000
Other Assets 240,000 250,000
Total assets 89,014,000 83,086,000
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 2,276,000 2,765,000
Accrued expenses 2,588,000 3,242,000
Contingent earnout liability 4,815,000 1,715,000
Dividends payable 5,113,000 604,000
Income taxes payable 1,248,000 72,000
Total current liabilities 16,040,000 8,398,000
Non-Current Portion of Contingent Earnout Liability 0 1,600,000
Deferred Income Taxes 2,353,000 2,379,000
Total liabilities 18,393,000 12,377,000
Stockholders’ Equity:    
Common stock 32,633,000 32,210,000
Retained earnings 39,914,000 40,425,000
Treasury stock, at cost (1,926,000) (1,926,000)
Total stockholders’ equity 70,621,000 70,709,000
Total liabilities and stockholders’ equity $ 89,014,000 $ 83,086,000