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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 11,040 $ 8,028
Accounts receivable, net of allowance for doubtful accounts of $326 and $88 at March 31, 2020 and June 30, 2019, respectively, and other reserves 23,346 25,970
Inventories 34,615 29,576
Prepaid expenses and other current assets 1,920 1,881
Total Current Assets 70,921 65,455
Inventories - non-current 8,022 5,262
Property, plant and equipment, net 8,105 7,694
Intangible assets, net 7,034 7,232
Operating lease asset (See Note 11) 7,401  
Other assets 257 265
TOTAL ASSETS 101,740 85,908
CURRENT LIABILITIES    
Accounts payable 5,348 5,135
Accrued expenses 5,849 6,273
Accrued salaries and wages 2,212 2,416
Accrued income taxes 462 548
Total Current Liabilities 13,871 14,372
Deferred income taxes 649 72
Accrued income taxes 292 292
Long term operating lease liabilities (See Note 11) 7,118  
Total Liabilities 21,930 14,736
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,239,692 and 21,227,094 shares issued; and 18,353,079 and 18,477,784 shares outstanding, respectively 212 212
Additional paid-in capital 17,671 17,103
Retained earnings 81,344 70,924
Less: Treasury Stock, at cost (2,886,613 and 2,749,310 shares) (19,417) (17,067)
TOTAL STOCKHOLDERS' EQUITY 79,810 71,172
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 101,740 $ 85,908