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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 21,870 $ 18,248
Accounts receivable, net of allowance for doubtful accounts of $326 at September 30, 2020 and June 30, 2020 and other reserves 19,206 22,932
Inventories, net 33,528 35,231
Prepaid expenses and other current assets 1,945 2,049
Total Current Assets 76,549 78,460
Inventories - non-current, net 8,915 6,524
Property, plant and equipment, net 7,914 8,088
Intangible assets, net 5,010 5,116
Operating lease asset 7,390 7,395
Other assets 250 255
TOTAL ASSETS 106,028 105,838
CURRENT LIABILITIES    
Accounts payable 5,094 6,547
Accrued expenses 4,672 5,744
Accrued salaries and wages 2,794 2,181
Current portion of long-term debt 434 1,794
Accrued income taxes 861 1,148
Total Current Liabilities 13,855 17,414
Long-term debt, net of current portion 3,470 2,110
Deferred income taxes 22 112
Accrued income taxes 1,250 1,188
Long term operating lease liabilities 7,107 7,113
Total Liabilities 25,704 27,937
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,241,066 shares issued; and 18,347,351 shares outstanding 212 212
Additional paid-in capital 17,870 17,766
Retained earnings 81,763 79,444
Less: Treasury Stock, at cost (2,749,310 shares) (19,521) (19,521)
TOTAL STOCKHOLDERS' EQUITY 80,324 77,901
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 106,028 $ 105,838