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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 18,248 $ 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 22,932 25,970
Inventories 35,231 29,576
Prepaid expenses and other current assets 2,049 1,881
Total Current Assets 78,460 65,455
Inventories - non-current 6,524 5,262
Property, plant and equipment, net 8,088 7,694
Intangible assets, net 5,116 7,232
Operating lease asset 7,395 0
Other assets 255 265
TOTAL ASSETS 105,838 85,908
CURRENT LIABILITIES    
Accounts payable 6,547 5,135
Accrued expenses 5,744 6,273
Accrued salaries and wages 2,181 2,416
Current portion of long-term debt 1,794 0
Accrued income taxes 1,148 548
Total Current Liabilities 17,414 14,372
Long term debt 2,110 0
Deferred income taxes 112 72
Accrued income taxes 1,188 292
Long term operating lease liabilities 7,113 0
Total Liabilities 27,937 14,736
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,241,066 and 21,227,094 shares issued; and 18,347,351 and 18,477,874 shares outstanding, respectively 212 212
Additional paid-in capital 17,766 17,103
Retained earnings 79,444 70,924
Less: Treasury Stock, at cost (2,893,715 and 2,749,310 shares) (19,521) (17,067)
TOTAL STOCKHOLDERS' EQUITY 77,901 71,172
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 105,838 $ 85,908