CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 754,157	$ 735,393
Accounts receivable, less allowance for doubtful accounts of $51,416 and $55,175, respectively	2,949,894	3,530,854
Inventories	7,954,274	8,595,485
Prepaid expenses and other current assets	374,246	281,099
Income taxes receivable	54,129	583,507
Total current assets	12,086,700	13,726,338
Equipment and leasehold improvements, net	1,497,537	1,514,472
Other assets:
Deferred income taxes	3,022,540	3,212,556
Cash surrender value of life insurance	5,988,435	5,667,105
Total other assets	9,010,975	8,879,661
Total assets	22,595,212	24,120,471
Current liabilities:
Accounts payable	1,415,050	1,966,656
Accrued liabilities	1,263,515	1,601,652
Total current liabilities	2,678,565	3,568,308
Long-term liabilities:
Deferred compensation	2,191,545	2,187,714
Other liabilities	166,599	178,255
Total long-term liabilities	2,358,144	2,365,969
Total liabilities	5,036,709	5,934,277
Stockholders' equity:
Common stock, $0.005 par value, authorized 20,000,000 shares; issued and outstanding 7,382,706 shares	36,914	36,914
Paid in capital	5,336,524	5,070,956
Retained earnings	12,185,065	13,078,324
Total stockholders' equity	17,558,503	18,186,194
Total liabilities and stockholders' equity	$ 22,595,212	$ 24,120,471

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.